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Finding an Alternative to Existing Fannie/Freddie Credit Score Policies is Not Getting Any Simpler

March 15, 2018
Carisa Chappell
The Urban Institute argues the FHFA’s thinking on alternative credit scores doesn’t go far enough…
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Home Equity Originations Strong in 2017, Sector Has its Best Year Since 2008. However…

March 15, 2018
John Bancroft
Wells Fargo was the top home equity lender in 2017 with total second lien production of $24.8 billion, according to a tally from Inside Mortgage Finance…
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Cowen: White House Doesn’t Favor Killing Fannie and Freddie

March 15, 2018
Paul Muolo
September will mark the 10-year anniversary of the government placing Fannie and Freddie into conservatorship..
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Angel Oak Issues Non-Agency MBS Backed by Short Term Fix-and-Flip Loans

March 15, 2018
Brandon Ivey
“The short-term nature of the collateral paired with an attractive yield makes for a rare opportunity in today’s investing climate,” said Angel Oak’s Sreeni Prabhu…
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Senate’s Bipartisan Dodd-Frank Reform Bill Moves on to Uncertain Future

March 15, 2018
Yemeng Yang
The bill passed by the Senate includes a wide range of changes to mortgage rules, including tweaks to consumer disclosure requirements…
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Impac’s Share Price Clocked After Reporting a Huge Loss for 4Q17

March 15, 2018
Paul Muolo
Mangiaracina’s resume includes stints at UBS Securities and Deutsche Bank…
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Short Takes: Union Bank Really Likes HELs / Falling Rates or a Head Fake? / BRAWL is Taking Down Names and Handing out Report Cards / Impac Executive Gets an Additional Title

March 15, 2018
Paul Muolo and Brandon Ivey
Rates are falling once again but don't pop the champagne quite yet...
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Home-Equity Business Ended 2017 on Solid Ground, Impact of Tax Cut Law Still Fuzzy

March 15, 2018
The home-equity lending business quietly built some momentum over the past three years after nosediving in the aftermath of the housing-market meltdown, but its future growth will depend on several moving parts.
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Freddie Rolls out New Risk-Transfer Pilot with Arch but Not Without Controversy. USMI Trade Group Tried to Kill It

March 15, 2018
Freddie Mac this week rolled out a new pilot program with the help of Arch Capital Group, the parent company of the nation’s largest mortgage insurance firm. But the pilot – dubbed IMAGIN for “integrated mortgage insurance” – is already stirring controversy.
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Loan Production Volume Starting to Pick Up After A Sluggish Start in 2018. Giants on the Horizon?

March 15, 2018
Several residential lenders suffered through a challenging start to the new year but loan production is starting to warm up as the spring homebuying season nears. Still, higher interest rates are causing consternation with many shops openly worried about plummeting refis and lower profit margins.
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Latest Imf News

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