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Short Takes: GSE Investors Happy (For Now) / How Much Did the Blueprint Change? / Loan Limits on GSE MF Loans? / JPM’s Investment Property MBS / Insellerate Hires Ex-Ellie Mae Official

September 16, 2019
Paul Muolo and Brandon Ivey

One Fannie/Freddie historian reminded us recently that there used to be a conforming loan limit for GSE multifamily loans. The big question: Why did it disappear?...


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Incenter Selling Fannie/Freddie Product

September 16, 2019
Paul Muolo

California loans account for the largest share of the portfolio at 12.4%. The bid deadline Sept. 18.


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Jumbo Servicing Continues Its Steady Growth

September 16, 2019
Brandon Ivey

Ocwen Financial’s jumbo servicing portfolio nearly doubled in the past year, though that’s due to the acquisition of PHH…


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Home-Equity Lending Up 27% in 2Q19. However…

September 16, 2019
John Bancroft

In terms of new HELOC commitments for the second quarter, Bank of America led the pack with $2.77 billion, followed by Wells Fargo ($1.91 billion) and Citizens Bank ($1.50 billion).


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Angelo Gordon Brings Another Non-QM MBS with CDFI Loans

September 16, 2019
Brandon Ivey

CDFI loans reduce the amount of risk Angelo Gordon is required to retain from the MBS.


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Hiccup in Ditech Bankruptcy Settlement

September 10, 2019
Dennis Hollier

The latest reorganization plan hinged on the pre-sale of key Ditech assets, with New Residential Investment purchasing its origination and servicing business for $1.1 billion.


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5th Circuit Rules Net Worth Sweep Illegal

September 9, 2019
Dennis Hollier

As conservator of Fannie and Freddie, the FHFA failed to perform its duty to take actions "necessary to put the regulated entity in a sound and slovent condition" and to "preserve and conserve" its assets.


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MBA Revenues Rise, Despite Lower Originations

September 9, 2019
Paul Muolo

The organization’s largest sources of revenue — by far — are its annual convention and the cash it takes in from membership dues: $30.4 million and $24.3 million, respectively.


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Short Takes: HUD's Reform Plan / Higher Capital Requirements? / Ginnie Targets Another Lender / CFPB v. Ocwen Update

September 6, 2019
Brandon Ivey
HUD called for consideration of limiting certain FHA lending activities and increasing capital requirements...
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MBS Issuance Off Like a Rocket, Best Showing Since Late 2012

September 6, 2019
John Bancroft

Most of the increased GSE refi business came from rate-term deals. Delivery of these loans increased 88.6% from July to August…


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Featured Data

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