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Inside Mortgage Trends
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A Slight Gain in Originations for U.S. Bank in 3Q18

October 17, 2018
Paul Muolo
Loan production increased at U.S. Bank but mortgage revenue declined…
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MBA Panelists Express Grave Concerns about the Current Profit Picture

October 16, 2018
Paul Muolo
Ken Logan, managing director of warehouse finance for Wells Fargo Bank, noted that nonbanks need to know “not having cash matters.”
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FHA Market Grows Riskier in 2018

October 16, 2018
John Bancroft
FHA debt-to-income ratios are also deteriorating…
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MBS ‘Godfather’ Ranieri Agrees to Sell Servicing Company Selene

October 16, 2018
Paul Muolo
“It’s time to go,” said Ranieri...
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Short Takes: GSE Pilot Hearing Postponed / An Opportunity to Gather Intelligence? / Freddie's Qualification Tool for Self-Employed Borrowers / GSE Duty-to-Serve Updates / New Hires for ComplianceEase, Element Funding

October 14, 2018
Paul Muolo and Carisa Chappell
The Senate Banking Committee's review of GSE pilot programs will have to wait...
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Correspondent Platforms Gain Share in 3Q18 Agency Mortgage Market

October 12, 2018
Mortgages originated by correspondent lenders and sold to aggregators accounted for a larger share of agency business in the third quarter, according to a new Inside Mortgage Trends analysis of mortgage-backed securities disclosures. [Includes two data charts.]
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FHA Market Growing Riskier in 2018

October 12, 2018
The credit characteristics of FHA loans pooled in Ginnie Mae mortgage-backed securities have gotten significantly riskier since the beginning of 2017, according to a new Inside Mortgage Trends analysis of Ginnie MBS data.
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Mortgage Employment Down at Most Lenders

October 12, 2018
With single-family originations expected to decline in the next few quarters, most mortgage firms are keeping a close eye on costs, hiring only if they need to.
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Lenders Improve Operations with Process Reviews

October 12, 2018
Comprehensive reviews of operations can provide lenders with a competitive advantage, according to Strategic Mortgage Finance Group, an advisory firm.
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New Index Offers Different View of Affordability

October 12, 2018
Home affordability varies geographically and over time due to unique economic drivers, such as home prices, income and wealth, according to a staff working paper published by the Federal Housing Finance Agency.
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