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Fannie Mae Rolls Out DU 10.0 Featuring ‘Trended Credit Data’

September 26, 2016
Carisa Chappell
Fannie said DU 10.0 also will help borrowers who have multiple financed properties, eliminating certain eligibility overlays…
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Short Takes: Trump & Hillary Mortgage Corp. / CHLA Weighs In on Front-End Risk-Sharing: No / Will ALTA Break the CFPB’s Website? / Now, Print Your Name and Personal Story Right Here

September 26, 2016
Paul Muolo and Thomas Ressler
When it comes to front-end GSE risk sharing deals, just say no?
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Foreign Investors, Others Beef Up Their Investment in Agency MBS

September 23, 2016
John Bancroft
According to Treasury Department reports, overseas investors held $821.3 billion of Fannie, Freddie and Ginnie MBS at the end of June, a 5.0 percent increase from March.
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More Purchase Loans Not Closing on Time. The Culprit: A Shortage of Appraisers

September 23, 2016
Brandon Ivey
More bad news on appraisals: the on-time closing share has declined for four consecutive months…
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Some Issuers Still Failing Ginnie Mae’s Net Worth and Liquidity Requirements, but…

September 23, 2016
George Brooks
Ginnie expects issuers to actively participate by issuing, servicing or subservicing agency MBS…
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The New Breed of Nonprime Lenders See Plenty of Room for Growth

September 23, 2016
Brandon Ivey
Tom Hutchens, SVP of sales and marketing at Angel Oak, said originations of nonprime non-QMs have predominantly been purchase mortgages. However, refinance activity is starting to increase…
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What We’re Hearing: GSE Loan Limits to Move Higher? / No One Feels Sorry for Wells Fargo / The King of the Cross-Sell is now the King of Pain / Maybe the CFPB Needs a Kick in the… / MBA’s Dave Stevens Doesn’t Expect Peace to Break Out / Skyline Still Hiri

September 23, 2016
Paul Muolo
Mortgage lenders, start your engines: the Fannie Mae/Freddie Mac loan limit is set to rise...
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And the Beat Goes On: Banks Continue to Cede MSR Business to Nondepositories

September 22, 2016
John Bancroft
Meanwhile, bank whole loan portfolios have been increasing – largely because of the resurgence of jumbo mortgage originations, along with the recovery in home-equity lending.
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CFPB Chief Cordray Gives Kudos to Credit Unions on their Mortgage Performance

September 22, 2016
Thomas Ressler
The improved numbers suggest that the industry’s fears those rules would crush or even depress the market somewhat were overblown.
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Yellen: Fed Will Monitor Wells Fargo, Others for Consumer Harm

September 22, 2016
Thomas Ressler
The Wells account and credit card scandal did not involve mortgages, but the bank is the nation’s largest overall home funder and retail originator.
Read More
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Latest Imf News

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Featured Data

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