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Nonbanks Continue to Build Market Share

December 27, 2018
John Bancroft
Nonbanks among the top 100 reported a mild 0.9 percent drop in new business, while depository institutions saw production fade 4.0 percent.
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Varde Ponders Selling Nonprime Unit Deephaven Mortgage

December 26, 2018
Paul Muolo
Matt Nichols, a former Goldman Sachs executive, launched Deephaven earlier in the decade as a correspondent buyer of non-QM loans.
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Short Takes: Trouble Ahead for FHA? / Steve Mnuchin’s Christmas Eve Massacre / Significant Players in the Mortgage Market / Who Knows / Who Put the Thought in the Treasury Secretary’s Head? / Craig Phillips Rising? / A New Hire for StoneHill

December 26, 2018
Paul Muolo
Was it Mnuchin’s idea to call the six bank CEOs or did President Trump put him up to it? That storyline has yet to be fully explored…
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Dems Select Rep. Waters as the First Woman Chair of the HFSC, Mulvaney Put on Notice

December 26, 2018
Dennis Hollier
Rep. Waters to Mick Mulvaney: “I am writing to inform you that while your time running the Consumer Bureau may be over, the time for accountability for your actions is about to begin.”
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Mortgage Industry Assesses Pain from Government Shutdown, HECM Endorsements End, New Flood Policies Doubtful

December 26, 2018
Paul Muolo
Brian Chappelle, a principal in Potomac Partners told IMFnews that his lending clients “are starting to worry.”
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GSE Seller Buybacks Hit Record Low, Uptick in Unresolved Claims

December 26, 2018
John Bancroft
Buybacks by GSE seller/servicers set a new quarterly low…
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CFPB Details HMDA Data Fields That will be Released Publicly, Opts for Borrower Privacy

December 26, 2018
Brandon Ivey
The loan originator’s unique identifier assigned by the Nationwide Mortgage Licensing System and Registry will not be disclosed publicly…
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FHFA Nominee’s Past Comments Could Come Back to Haunt Him (With Democrats at Least)

December 26, 2018
Dennis Hollier
As the former director of financial regulation studies at the Cato Institute, Mark Calabria brings a decidedly libertarian perspective to housing finance.
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Testimony on the Long-Delayed House Hearing on Housing Reform

December 21, 2018
On Friday, just two days before the Congress recessed for the holidays, House Committee on Financial Services Chairman Jeb Hensarling, R-TX, surprised industry observers by holding the long-delayed hearing on his pet project, “The Bipartisan Housing Finance Reform Act of 2018.”
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CBO Renews Calls for G-Fee Increase, Loan Limit Reduction

December 21, 2018
In what’s become a nearly annual event, the Congressional Budget Office this week suggested raising the guarantee fees charged by Fannie Mae and Freddie Mac, and/or lowering the loan limit, in order to reduce the federal deficit.
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Latest Imf News

  • Retail, Correspondent Channels Boost Government Lending

  • Fannie’s Investment Portfolio Shrinks in August

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Featured Data

  • Ginnie MBS Issuance Down in August as Refi Slide Continues

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  • Jumbo Share of Originations Highest Since 2022

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Featured Reports

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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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