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Fannie and Freddie QM Patch Under Attack By GOP Lawmakers, Trump Administration

November 10, 2017
The special qualified-mortgage treatment for home loans eligible for sale to the government-sponsored enterprises is getting more attention lately as some say that it gives Fannie Mae and Freddie Mac an unfair advantage.
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Impac Posts Small Profit for 3Q17. Nonbank Says it’s Not for Sale

November 9, 2017
Paul Muolo
Impac says it’s not for sale, but sources contend the company is pitched by investment bankers quite frequently…
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Private MIs Gained Ground in 3Q17, but VA Shined the Most

November 9, 2017
John Bancroft
Arch MI remained the top private insurer in the third quarter and year-to-date, although its competitors gained some ground…
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New HMDA Data Privacy Concerns Emerge in Wake of Data Breaches

November 8, 2017
Thomas Ressler
Heightened concerns have emerged about the effectiveness of the CFPB’s information security systems…
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Treasury’s GSE Plan Still a ‘Work in Progress.' No Balance Sheet Allowed?

November 8, 2017
Paul Muolo
A guarantee fund would be developed to cover losses.
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Another Quarterly Loss for PHH; Revenues Down Too but New CEO Sees Hope

November 8, 2017
Paul Muolo
Despite the red ink, PHH’s board approved a new $100 million share repurchase authorization…
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Long-Time GSE Critic Peter Wallison Doesn’t Disappoint: Kill Fannie and Freddie, He Urges

November 7, 2017
Paul Muolo
According to Wallison: “There is nothing about the way the government has managed the housing finance system for the last 50 years that would remotely recommend a continuing government role.”
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As Industry Plans for Next Year, Layoffs Commence. CEO Changes Ahead?

November 7, 2017
Paul Muolo
Industry consultant Paul Hindman believes more executive changes are likely in the months ahead…
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Retail Still the Largest Source of Agency Loans

November 7, 2017
John Bancroft
Correspondents generated 38.8 percent of the market and posted the highest purchase-mortgage concentration, 77.8 percent.
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Redwood Increases Jumbo Acquisition Volume, Sees Strong Execution for 'Expanded-Prime'

November 7, 2017
Brandon Ivey
Redwood Trust plans to issue expanded-prime MBS on a regular basis…
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