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GSE CRT Issuance Slows in Second Quarter

August 18, 2021
John Bancroft
Freddie's issuance fell by more than 50% from the first quarter and Fannie remained inactive.
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Firms Fighting CFPB See Hope in Collins Ruling

August 18, 2021
Lisa Burden
Due to the similarities between the structures of the FHFA and the CFPB, some firms facing enforcement actions from the CFPB are hoping to have courts invalidate the actions.
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FHFA Warns of Risks from Agency Commercial MBS

August 18, 2021
Dennis Hollier
The new advisory bulletin indicates that FHFA wasn’t persuaded by many of Fannie Mae's arguments on a draft of the bulletin issued in July.
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Annaly Expands Non-Agency Acquisitions with Launch of Conduit

August 18, 2021
Brandon Ivey
Previously, Annaly was predominantly sourcing non-QMs from aggregators rather than directly from lenders.
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Short Takes: Mortgage Applications Decrease / Refis Still Popular / SFA Requires Proof of Vaccination / Lender Rebrands / Correction

August 18, 2021
Brandon Ivey
Refi inquires declined by 5% on a weekly basis while purchase-mortgage applications were off by 1%...
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FHA Lending Up, VA Down in Second Quarter

August 17, 2021
John Bancroft
VA Interest Rate Reduction Refinance Loan volume declined by nearly 40% in the second quarter.
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United Wholesale Planning to Accept Cryptocurrency for Mortgage Payments

August 17, 2021
Brandon Ivey
Some lenders have allowed borrowers to use cryptocurrency to make downpayments or as part of the calculation of a borrower’s assets, but none appear to allow monthly mortgage payments with bitcoin yet.
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Bayview, Morgan Stanley Offer Separate Non-Agency MBS

August 17, 2021
Brandon Ivey
The top contributor to both MBS is CrossCountry Mortgage.
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CFPB Prevails in $51 Million Dispute with Payday Lender

August 17, 2021
Lisa Burden
Integrity Advance and its CEO James Carnes had argued that the CFPB’s order isn’t valid and enforceable.
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Short Takes: Abandonment Rate Up on Forbearance Calls / CFPB is Watching / NYCB Invests in Figure / Sachem’s Income Increases

August 17, 2021
Brandon Ivey
The abandonment rate on calls to servicers jumped to 5.0% from 3.6% the week prior...
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Latest Imf News

  • Primary MI Volume Declines in 1Q

  • Delinquencies on the Rise to Start 2026

  • Clean-Up Calls on Non-Agency MBS on the Rise

  • First-Time Homebuyers Open to 50-Year Mortgage

More Imf News

Featured Data

  • Banks Report Slight Drop in Mortgage-Banking Income

  • Retail Lenders Boosted by Rising Refis

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  • Agency MBS Issuance Hits Four-Year High in April

More Featured Data

Featured Reports

  • Guide to Mortgage Lending to First-Time Homebuyers

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  • IMF HMDA Dashboard: 2025

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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