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First ‘Expanded Prime’ MBS from Redwood Shows Somewhat Looser Underwriting than Typical Super-Prime Jumbos

September 6, 2017
Brandon Ivey
Mortgages from 103 lenders will be included in the deal led by PrimeLending…
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Nine Years Ago, Fannie and Freddie Were Taken Over. Treasury is Now $82.3 Billion Richer

September 6, 2017
Paul Muolo
Investors Unite speaks for GSE shareholders – except senior preferred holders (the Treasury Department)…
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Short Takes: Loan Closings Cancelled in Parts of FL as Hurricane Approaches / A Rarity: Podium Readies Jumbo MBS Backed by Reverses / Applications and Refis on the Rise / Freddie Exec Takes CIO Job with Subservicer Cenlar

September 6, 2017
Paul Muolo, Brandon Ivey, and Sherry Muolo
As another hurricane approaches the U.S. more loan closings are cancelled...
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Non-QM Performance Strong but There’s a Catch: Many Prepayments

September 5, 2017
Brandon Ivey
Investors in non-QM MBS have to worry about fast prepayment speeds, not credit problems...
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Lone Star Preps Nonprime MBS that Could be the Largest Issued with Post-Crisis Originations

September 5, 2017
Brandon Ivey
The nonprime mortgages were sourced through Lone Star affiliate Caliber Home Loans and other lenders…
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Jet Direct Takes Off Into Wholesale

September 5, 2017
Sherry Muolo
The company hired industry veteran Joseph Boiano to oversee the new division…
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Agency-Backed CMO Production Slumped in 2Q17

September 1, 2017
John Bancroft
Wells Fargo’s CMO business was down 36.7 percent from the first half of 2016…
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Mortgage Reinsurance Market Shows Great Promise, but Risks Abound

September 1, 2017
George Brooks
Reinsurers coming late to the feast might find slimmer pickings as pricing continues to tighten in the sector…
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What We’re Hearing: A $1 Billion Capital Buffer for the GSEs? / What Would the Minimum Be? / Government Assistance for Ginnie Issuers / A Status Report from Cornerstone Mortgage in Houston / Richard Cordray: Still There

September 1, 2017
Paul Muolo
CFPB's Cordray clerked for both Robert Bork and Anthony Kennedy...
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Jumbo Servicing Continues to Increase for Most Top Servicers, Performance Pristine

September 1, 2017
The volume of jumbo mortgages handled by the top servicers continued to increase in the second quarter of 2017, according to a new ranking and analysis by Inside Nonconforming Markets. A group of 30 companies serviced an estimated $957.50 billion of jumbos at the end of June, up 2.3 percent from the previous quarter and up 8.7 percent from the second quarter of 2016. The servicers outpaced...[Includes one data table]
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Latest Imf News

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Featured Data

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