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GSE Seller Buybacks Fall to Record Low in Late 2015

March 21, 2016
John Bancroft
The improved R&W framework has been a big plus for GSE sellers...
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Due Diligence Firms Draft Proposal with Standardized Approach to Grading Mortgages Subject to TRID

March 21, 2016
Brandon Ivey
SFIG noted that the proposal won’t supplant the group’s efforts to pursue a resolution from the CFPB to uncertainty related to TRID exceptions.
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Former Fannie Mae CFO Howard Criticizes Economics of GSE Risk-Sharing Deals

March 21, 2016
Carisa Chappell
Former Fannie CFO Howard said this leaves the government-controlled mortgage giant to pay about $7 billion over the next 10 years in premiums and hedging costs.
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$6.19 Billion of GSE Servicing Rights Hit the Auction Block

March 21, 2016
Paul Muolo
With rates rising of late, MSR pricing should firm up...
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Spring is Here – and Mortgage Loan Officers are in Demand

March 21, 2016
Paul Muolo
With commercial banks continuing to pare back their role in the mortgage market, nonbanks are aggressively hiring top performers.
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Short Takes: Existing Home Sales – Blame it on the Blizzard and More / Lean Inventories a Problem / A Job Offer Almost Every Day / SoFi: So Little Information on its Loan Volumes / Second Liens Rising

March 21, 2016
Paul Muolo
The mortgage chiefs at “marketplace” lender SoFi were at the recent ABS Vegas show talking up their business with other lenders...
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MBS Inventory Creeped Higher in Late 2015, No Shortage of Investors

March 18, 2016
John Bancroft
There are two sides to the story. A year from now, the agency MBS market could reach the $6.0 trillion mark...
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Trouble in Appraisals? FHA and VA Valuations Often Miss the Mark

March 18, 2016
Brandon Ivey
A Realtor based in California noted that selling prices are generally increasing, but at widely disparate rates based on location...
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Why Sell Your Home When You Can ‘Trade’ It?

March 18, 2016
Carisa Chappell
There is, however, a 0 to 6 percent fee...
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GSE Funds Finally Flow Into Government-Mandated Affordable Housing Programs; GOP Not Happy

March 18, 2016
Paul Muolo
When the two GSEs were losing money earlier in the decade, then-Acting FHFA Director Edward DeMarco suspended the contributions before any had ever been made.
Read More
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Latest Imf News

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