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Home » Topics » Inside Mortgage Finance » Originations

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Nation’s Largest FHA Lender Quicken Scores Partial Victory in FHA-DOJ Case

March 9, 2017
Paul Muolo
Early on, after the lender was sued, Quicken even threatened to leave the FHA program but never did and instead has dominated the FHA “direct” lending market…
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Top Mortgage Compliance Attorneys Say Realtors are Now on the CFPB’s RESPA Radar Screen

March 9, 2017
Paul Muolo and Thomas Ressler
One loan officer told IMFnews: “Frankly, if you violate a provision of RESPA, you should be fined.”
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Jumbo MBS Market Looking Relatively Strong as Shellpoint Prepares Another Deal

March 9, 2017
Brandon Ivey
Yet another new jumbo MBS deal is hitting the market. This time from an affiliate of Shellpoint…
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Appeals Court in PHH Case Lets Government File Late, Blocks Intervenors

March 9, 2017
Thomas Ressler
Under the Obama administration, the department backed the CFPB. But that was then…
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Short Takes: Practice Random Acts of Kindness at HUD and Cut the Budget / Moneymakers: FHA and Ginnie / IG Questions HUD Oversight of DPA / Stonegate Reports Profit, Books MSR Gains / Silver Hill Tweaks Loan Terms

March 9, 2017
Paul Muolo
Will HUD cut money from the FHA and Ginnie Mae programs?
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Proliferation of E-Mortgages Should Boost RMBS Quality

March 8, 2017
Thomas Ressler
Still, lenders and servicers that fail to comply with the established legal framework run the risk of an unenforceable e-note…
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Fairholme Case Update: Judge Orders Government to Review and Hand Over Non-Privileged Documents

March 8, 2017
Carisa Chappell
Since Fairholme filed its “takings” case the government, Uncle Sam has turned over 48,000 documents totaling more than 500,000 pages.
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A Booming Market for USDA Mortgages

March 8, 2017
George Brooks
The Guaranteed Rural Housing Loan initiative is the largest of the USDA’s single-family housing programs.
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Short Takes: What Higher Rates Might Mean / And the Refi King of Mortgage Banking is… / There’s Still a Disturbance in the (Mortgage) Force, Only Less So / Vertical Looking to Buy / Better Mortgage’s First Year

March 8, 2017
Paul Muolo
Fannie and Freddie are still worth less than social media darling Snap, but the gap is narrowing...
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Agencies Nipped More Jumbo Share in 2016

March 8, 2017
John Bancroft
The agency share of total jumbo production reached its highest level in 2009 and 2010, immediately after “emergency” high-cost loan limits were put in place…
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