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Home » Topics » Inside Mortgage Finance » Originations

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GSE Business Volume Continued Growing in 2Q15; Purchase-Mortgage Market Strengthens

July 1, 2015
Fannie Mae and Freddie Mac saw a robust 22.3 percent increase in their single-family business during the second quarter of 2015, according to a new Inside Mortgage Finance ranking and analysis. The two government-sponsored enterprises issued a combined $232.36 billion of single-family mortgage-backed securities during the second quarter. It was their strongest quarterly production level since the third quarter of 2013, and it lifted ... [Includes three data charts]
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Big Pay Raises for Fannie and Freddie CEOs; How Does $4 Million a Year Sound?

July 1, 2015
Paul Muolo
A few years back, then FHFA Director Ed DeMarco cut the compensation of the CEOs as a response to lawmaker concerns.
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GSEs Securitized $232 Billion in 2Q15, Best Showing Since 3Q 2013

July 1, 2015
John Bancroft
However, refinance loans continued to account for the lion’s share of GSE business, Inside Mortgage Finance found.
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OCC: Banks Face $131 Billion of Resetting HELOCs

July 1, 2015
Brandon Ivey
For most HELOCs, the OCC said the end-of-draw period means that monthly payments change from interest-only to amortizing...
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Experts Advise on How Best to Deal With Shifting Fair Lending Issues

June 30, 2015
Thomas Ressler
Many in the industry wonder why it appears that access to credit remains so tight, seven years after the last financial crisis.
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Jumbo Underwriting Standards: Yes, There’s Variety

June 30, 2015
Brandon Ivey
The rating service reviewed 70 aspects of underwriting, including minimum credit scores, loan limits, tax return standards and appraisal requirements.
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A Final Tally From the FHFA: Record G-Fees/LLPAs in 2014

June 30, 2015
Paul Muolo
Prior to the financial crisis and the government takeover of Fannie and Freddie, some seller-servicers had “strategic alliance” deals that allowed them to pay under 15 basis points in g-fees...
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Short Takes: So, Where’s the Rate Plunge? / MBS Prices? / CitiMortgage Fails a Servicing Metric / Pending Home Sales Bright / A New Hire for DocMagic

June 30, 2015
Paul Muolo, Brandon Ivey, and Sherry Muolo
With Greece ready to crack up, it was thought that mortgage rates might plunge. But it hasn't happened yet...
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RoundPoint Buyer Walks, Firm Still Open to Offers

June 29, 2015
Paul Muolo
According to figures compiled by Inside Mortgage Finance, at March 31, RoundPoint serviced $46.88 billion in home mortgages.
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Due to Recent Data Breach, IRS Denies Some Lenders’ Request for Tax Transcripts

June 29, 2015
George Brooks
According to the RHS, the Internal Revenue Service action is meant to deter any fraud that might result from identity theft.
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