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Fresh HMDA Data Show a Surge in Refi and Govt. Purchase Loans Sparked Production Last Year

October 4, 2016
John Bancroft
Interestingly, new originations increased slightly more than the 31.2 percent increase in new applications filed during the year.
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Short Takes: PHH’s Disclosure Was Long Expected / Doomed? / PHH Asks for ‘Confidential Treatment’ / Compliance Can Cost / Expanded HMDA Collections Coming Soon

October 4, 2016
Paul Muolo and Thomas Ressler
PHH also wants certain information kept confidential...
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Analysis: GSE ‘Patch’ and High Cost Limits Account for 25% of their Business

October 3, 2016
John Bancroft
In the first six months of 2016, Fannie and Freddie securitized $64.52 billion of single-family mortgages with DTI ratios exceeding 43 percent.
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Collingwood Capital Advisors: Mortgage Market Ripe for M&A

October 3, 2016
Paul Muolo
In the mortgage M&A space, there continues to be a disconnect between buyers and sellers…
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Retail Channel Yields High Credit Score Refi Loans

October 3, 2016
John Bancroft
Retail loans had lower debt-to-income ratios as well…
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Non-QM Liquidity Has Arrived; Warehouse Lenders On Board Too

October 3, 2016
Brandon Ivey
Angel Oak said more warehouse banks are growing comfortable with non-QM collateral…
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New York Clergy Worries About GSEs Being Dismantled. Resurrect and Release?

October 3, 2016
Paul Muolo
“We hope that you will help us to push back on current efforts to gift the proprietary infrastructure of Fannie Mae and Freddie Mac to the big banks,” the clergymen write.
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Short Takes: A CEO ‘Beyond’ Horrible? / In Demand: Top Mortgage Talent / Repositioning with Capital / Are the GSEs Losing Money? / Budget Season Has Started

October 3, 2016
Paul Muolo
As mortgage firms plan their budgets for next year, executive talent is in demand...
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Exclusive: Fannie and Freddie Received Marching Orders from the FHFA: Have the Same G-Fees

September 30, 2016
John Bancroft
The directives make clear that the minimum g-fee applies only to swap transactions…
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VA Mulling Changes to Resolve QM-Related Issues in the IRRRL Program

September 30, 2016
George Brooks
It appears some VA lenders are refinancing veteran borrowers into IRRRLs before the end of the six-month seasoning period.
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Latest Imf News

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Featured Data

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