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JPM and EverBank Issuing Non-Agency Jumbo MBS, Total Tops $925 Million

March 21, 2013
Brandon Ivey
The long awaited recovery in the jumbo MBS market may finally be here as more banks plan to issue securities.
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Short Takes: Genworth Executive Bolts for Servicer / Hedge Funds Get Cold Shoulder from the GSEs? / Chimera Continues to Have Reporting Problems / The Cordray Saga Continues / PLS Modifications at 45 Percent

March 20, 2013
Paul Muolo and Thomas Ressler
Genworth is losing a top MI executive to a mortgage servicer. And more woes for Chimera...
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Fewer Prepayments Expected on Recent Non-Agency Jumbo MBS

March 20, 2013
Brandon Ivey
Stable interest rates are making refinancing less attractive to the newest mortgage borrowers, which should keep prepayment rates very low.
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Use of Cash Financing Increasing, More Investors Buying Homes

March 20, 2013
Brandon Ivey
The share of cash purchases of homes increased for five consecutive months, hitting 32.3 percent in February, based on the three-month moving average.
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Mortgage Applications Tumble Again, Refi Share Falls for 10th Straight Week

March 20, 2013
Paul Muolo
Is the refinancing boom finally over? Some mortgage bankers are beginning to get nervous.
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FHFA IG Raises the Question of Whether $93 Billion in GSE Deferred Tax Assets Can Be Captured

March 20, 2013
Paul Muolo and Charles Wisniowski
Can Fannie Mae and Freddie Mac capture $93 billion in deferred tax assets - money that ultimately will flow through to the U.S. Treasury?
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Short Takes: HUD Ready to Slash Contractors / CoreLogic Sees Improvement in Underwater Homes / Two Harbors Raises $673 Million / HSBC Planning the Mother of All NPL Auctions?

March 19, 2013
Paul Muolo
HUD may be forced to cut some of its vendors due to the federal sequester. Meanwhile, Two Harbors raises $673 million.
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Senate Banking Panel Approves Cordray to Head CFPB But GOP Isn’t Happy

March 19, 2013
Thomas Ressler
The Senate Banking Committee, as expected, approved the nomination of Richard Cordray to head the CFPB, but Republicans are not happy about the structure of the young agency.
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FHFA Chief Critical of Congress for Lack of Movement on GSE Reform

March 19, 2013
Charles Wisniowski
FHFA chief Edward DeMarco on Tuesday criticized Congress for doing nothing in regard to GSE reform.
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Banks Increase Servicing Valuations in Late 2012

March 19, 2013
John Bancroft
At the end of the year, banks and thrifts serviced $5.323 trillion of home mortgages for other investors, giving these MSRs an asset value of $41.43 billion.
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Latest Imf News

  • Home Equity Loan Originations Increase by 20% in Second Quarter

  • FHFA IG Blasts Budget Cut, Massive Layoffs Likely

  • GSE MBS Investors Could Penalize Loans With VS4 Scores

  • Fitch Downgrades Wells Fargo’s Servicer Ratings

More Imf News

Featured Data

  • GSE MBS Issuance Increases in August

  • Mortgage-Banking Profits on Production, Servicing Decline in 2Q

  • Banks Shed MBS/ABS From Trading Accounts in 2Q

  • Rocket, Cenlar Subservicing Portfolios Decline

More Featured Data

Featured Reports

  • IMF Mortgage Directory: Full interactive database

  • Mortgage Servicing Rights Report: 2Q26 (PDF)

  • Agency Seller-Issuer Profile: 2Q26 (PDF)

  • Mortgage Profitability Report 2Q26 (PDF)

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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