HUD Trims FHA MIP by 25 BPs. But Can (and Will) Trump Block It? January 9, 2017 Paul Muolo Why the change of heart? For most of last year, HUD and FHA officials nixed the idea of cutting the premium…Read More
Carson’s Inexperience Could be Front and Center at HUD Confirmation Hearing January 9, 2017 George Brooks One big positive for lenders: the mortgage industry could see a reduction in new rule-making from HUD and perhaps a reversal of certain regulations promulgated during the Obama administration.Read More
Short Takes: FHA Premium Cut Has Negative Impact on MI Stocks / Carson Should Expect a Lot of Questions on the MIP / Of Mortgages and Brains / FHLBs Get More Flexibility on Collateral January 9, 2017 Paul Muolo and Carisa Chappell Mortgage insurance stocks aren't have a good day. Blame the FHA MIP cut?Read More
The Final Tally: Ginnie Mae MBS Issuance Hit a Record High in 2016; VA Soared January 9, 2017 John Bancroft FHA collateral still accounted for over half of Ginnie issuance, but the 2016 total was up a more subdued 8.2 percent from the previous year…Read More
Heavy Agency MBS Production Lifted Asset Securitization to 3-Year High in 2016 January 6, 2017 John Bancroft In 2016, the non-agency MBS market was a dud…Read More
The Big Boys of Servicing Suck Wind; Smaller Shops Shine January 6, 2017 Brandon Ivey Growth was far from uniform among servicers, Inside Mortgage Finance found…Read More
Redwood Trust Readies First Jumbo MBS of the New Year January 6, 2017 Brandon Ivey It looks like Redwood Trust will be the first out the door with a jumbo security in 2017. Who’s next?Read More
ABA Calls for Expanded ‘Qualified Mortgage’ Language, Housing Finance Reform January 6, 2017 Thomas Ressler ABA seeks the restoration of “balance to the regulatory process,” including Consumer Financial Protection Bureau reform…Read More
What We’re Hearing: What’s Up with Walter Investment? / MSR ‘Mark-up’ Mania / Rates Heading South, a Bit / Layoff Rumors and Actual Layoffs / Bad News for GSE ‘Recap and Release’? January 6, 2017 Paul Muolo With rates falling again, lenders may be rethinking any planned layoffs...Read More
Final GSE MBS Tally for 4Q16: Just Shy of $300 Billion; Best Quarter Since 2Q13 January 5, 2017 John Bancroft Fannie Mae’s MBS issuance in 2016 was up 23.3 percent from the previous year…Read More
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