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Analysts Positive on VA’s Interim Rule on Cash-Out Refis, but…

December 31, 2018
George Brooks
The rule creates two types of cash-out refinances…
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Texas Capital’s Warehouse Business is Doing Well but Its Share Price is in the Dumps

December 31, 2018
Paul Muolo
Usually, Texas Capital doesn’t talk about its warehouse business, but EVP Jack Nunnery recently opened up a bit about what other warehouse lenders are saying…
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Industry Concerned About Shutdown and Effect on IRS Verifications, MBA Asks Treasury to Step In

December 31, 2018
Paul Muolo
MBA CEO Bob Broeksmit: “We have made our concerns known to Treasury and request that IRS employees performing this vital work be deemed essential so loan closings can continue without further interruption.”
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FEMA Reverses Course on Decision to Halt New Flood Policies

December 31, 2018
Brandon Ivey and Paul Muolo
The NAR called FEMA’s about-face a “critical win.”
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GSE Credit Scoring Models: The Future is Unwritten

December 31, 2018
Dennis Hollier
Fannie and Freddie tossed out the idea of creating their own internal models as impractical...
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Interest-Only Lending Declines in Third Quarter

December 31, 2018
Brandon Ivey
First Republic Bank, the top IO lender in the group, originated $1.68 billion of product…
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Short Takes: Worrying About the IRS / NRMLA Talking to Members about the HECM Situation / Most Underwriting Can Continue / Mnuchin’s Future / OCC Hires SBC Attorney

December 31, 2018
Paul Muolo
Capital Alpha Partners: “Mnuchin’s job is in danger the same as any cabinet member under Trump...."
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Employee Satisfaction at the CFPB Plunges

December 31, 2018
Yemeng Yang
A CFPB spokesperson said that 2018 was, no doubt, “a tumultuous year of great change.”
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FEMA ‘Reviewing’ Authority to Allow National Flood Insurance Program to Operate During Government Shutdown

December 28, 2018
Brandon Ivey
FEMA said it is working determine what options exist to enable the National Flood Insurance Program to allow the sale and renewal of flood insurance policies to continue during the government shutdown.
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Short Takes: OPM Suggests Federal Employees Speak with their Servicers / Agency Releases Draft Letter to Help Reduce Mortgage Payments / 800,000 Federal Employees Impacted by Shutdown / Details on Freddie’s SFR Pilot

December 28, 2018
Brandon Ivey
The sample letter from the Office of Personnel Management notes that because of the shutdown, the federal worker’s income has been severely cut and they are unable to pay the entire cost of their mortgage...
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Latest Imf News

  • Senate Leaders Not Ready to Go With House on Housing Bill

  • Rate Sharply Increases Correspondent Sales in 2025

  • GSE VantageScore Pilot Secrecy Extends to Credit Bureau

  • FHLBanks Improving Relationships With Federal Reserve

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Featured Data

  • Primary MI Volume Down in 1Q26, Govt Share Edges Up

  • Banks Report Slight Drop in Mortgage-Banking Income

  • Retail Lenders Boosted by Rising Refis

  • Fannie and Freddie Earnings on Different Trajectories

More Featured Data

Featured Reports

  • Mortgage Profitability Report 4Q25 (PDF)

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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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