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High DTIs and Other Concerns at FHA Give Way to Weekly ‘Triage’ Meetings

July 16, 2018
Paul Muolo
Among FHA loans endorsed in April and May, only 41.9 percent were at or below the benchmark DTI test for qualified mortgages, which is 43.0 percent.
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A 23 Percent Increase in Home Lending for Bank of America

July 16, 2018
Paul Muolo
Bank of America no longer breaks out mortgage income separately.
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Non-Agency MBS (Backed by New Production) Hits Another Quarterly Record

July 16, 2018
Brandon Ivey
Prime jumbo mortgages continue to account for the majority of non-agency MBS issuance…
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Phoenix Announces GSE Flow MSR Auction

July 16, 2018
Paul Muolo
The average loan size could be as high as $227,000…
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Trades Urge Congress to Extend NFIP. NAR Fears Lost Home Sales…

July 16, 2018
George Brooks
NAR fears a major loss in home sales...
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Mixed Trends for Residential MBS Issuance Halfway Through 2018

July 13, 2018
John Bancroft
Some $315.95 billion of single-family MBS was issued in the second quarter, up 8.2 percent from the previous quarter, according to Inside MBS & ABS.
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Wells’ Mortgage Originations Down in 2Q, Bank Set to Include Some Jumbos in Non-Agency MBS

July 13, 2018
Brandon Ivey
While originations increased on a quarterly basis, Wells reported lower mortgage banking income and a shrinking production margin.
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Mnuchin Hoping for Congress to Complete Bipartisan Housing Finance Reform in Next Term

July 13, 2018
Brandon Ivey
Congress should complete bipartisan housing finance reform during the two year term that begins in January, according to Treasury Secretary Steve Mnuchin...
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Latest Expanded-Prime MBS from Redwood Somewhat Smaller than Previous Deals

July 13, 2018
Brandon Ivey
Sequoia Mortgage Trust 2018-CH3 will be a $416.96 million issuance, according to a presale report by Kroll Bond Rating Agency.
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Short Takes: Administrative Reform of the GSEs / Opinion on Government Guarantee / VA Lenders Could Close Over ‘Orphan’ Mess / End of LIBOR a ‘Certainty’

July 13, 2018
Brandon Ivey
If Congress is unable to pass housing finance reform, Steven Mnuchin, secretary of the Treasury Department, said on Thursday that the Treasury will “look at administrative options.”
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Latest Imf News

  • Refi Share Rises to Nearly 50% of Originations in 1Q

  • FHA Still Working on Details for VantageScore, FICO 10T

  • Agency MBS Investors Could Ding Loans With VantageScore

  • Rising Interest Rates Helping to Lift MSR Values

More Imf News

Featured Data

  • GSE-Eligible Loans, Refis Fuel Prime Non-Agency MBS

  • CMBS Issuance Stumbles in 1Q as Agency Sags

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

  • Banks Report Slight Drop in Mortgage-Banking Income

More Featured Data

Featured Reports

  • Mortgage Profitability Report 4Q25 (PDF)

  • Lender Profiles 4Q25: Top 25 (PDF)

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Top Mortgage Players: 4Q25 (PDF)

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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