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Home » Topics » Inside Mortgage Finance » Originations

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MBS & ABS Production Up Modestly in Early 2013 Despite Slowdown in Pace of Agency Securitization

April 11, 2013
John Bancroft
Total MBS and ABS issuance rose almost 3 percent from the fourth quarter of 2012 to $515.3 billion during the first three months of 2013, according to a new Inside MBS & ABS analysis and ranking.
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Freddie Mac Hires Former Chase Mortgage Chief to Head Single-Family

April 11, 2013
Paul Muolo
Freddie Mac has a new head of single-family: David Lowman, an industry veteran who in the past headed mortgage operations at JPMorgan Chase and Citigroup.
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Short Takes: FHFA Extends HARP to 2015 / Conservatives Love FHA? / Nationwide Title Clearing Demystifies ‘Trailing’ Documents / Gleacher Calls It Quits on MBS

April 11, 2013
George Brooks and Paul Muolo
The FHFA has extended the popular HARP 2.0 program until the end of 2015. But what about HARP 3.0?
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Obama Budget: GSEs Will Pay $183 Billion of Dividends to Treasury Through 2023

April 10, 2013
Paul Muolo
The White House expects huge profits over the next 10 years from - drum roll please - Fannie Mae and Freddie Mac.
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Lender Recommendations from Real Estate Agents Tied to Closing Issues

April 10, 2013
Brandon Ivey
Two-thirds of the nearly 2,000 real estate agents that responded to a Campbell Communications and Inside Mortgage Finance survey want mortgage closings in 30 days or less.
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LTVs North of 105 Account for 47 Percent of HARP Refis

April 10, 2013
Charles Wisniowski
Borrowers with loan-to-value ratios greater than 105 percent accounted for 47 percent of HARP volume in January.
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Short Takes: About That White House Mortgage Meeting… / Wells Confirms It May Hire MSR ‘Project Manager' / NPL Sales Could Double / Mortgage Applications Rise, So Do Refis

April 10, 2013
Paul Muolo
The upcoming White House meeting on mortgage and housing issues may not address loan standards at all. Wells confirms plan to hire MSR 'project manager.'
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HUD Asks for $943 Million Treasury ‘Draw’ for FHA as Industry Warms Up to Risk Sharing

April 10, 2013
George Brooks and Paul Muolo
According to the new White House budget, it appears that the FHA will need a draw from the U.S. Treasury after all. But will it happen?
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Non-Agency Jumbo MBS Issuance Took Off Like a Rocket in First Quarter

April 9, 2013
Brandon Ivey
Just how hot is the jumbo MBS market? Consider this: Some $3.95 billion in non-agency jumbo MBS was issued in the first quarter, compared with $3.46 billion in issuance in all of last year.
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U.S. Bank Names Rick Aneshansel New Mortgage Chief

April 9, 2013
Paul Muolo
U.S. Bank, one of the largest residential lenders and servicers in the nation, has a new president.
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