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GSE Single-Family Business Slumped in October, Credit Box Unchanged

November 30, 2016
John Bancroft
Expanding the credit box will be a major theme in the GSEs’ priorities for 2017, according to the FHFA.
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Bank Holdings of Non-Mortgage ABS Continued to Fade, But the Market Itself Stalled in 3Q16

November 30, 2016
John Bancroft
The ABS market itself shrank slightly during the third quarter, according to data reported by the Securities Industry and Finance Markets Association...
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Short Takes: High Hopes for GSE ‘Recap and Release’ / Mnuchin Will be Confirmed / Another Mortgage Deal for Incenter LLC / Arch in Huge Debt Offering / What’s $20 Trillion Among Friends?

November 30, 2016
Paul Muolo
In case you haven’t noticed: the national debt is ready to crack the $20 trillion mark – almost twice the dollar volume of outstanding residential debt in the United States.
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Trump May Mean Less Federal Enforcement, but the States Will Remain Aggressive

November 29, 2016
Thomas Ressler
A reason to worry: several federal consumer financial protection laws give direct enforcement authority to the states…
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Mortgage Repurchases Rise Again, but there’s a Reason: BofA

November 29, 2016
John Bancroft
The banking industry still has a hefty $4.59 billion of reserves for future repurchase expenses…
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FirstKey, New Rez Out with Separate Nonprime MBS Deals Backed by Seasoned Loans

November 29, 2016
Brandon Ivey
In the FirstKey deal, the loans have seasoned for an average of 10 years…
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Nation’s Largest Wholesaler UWM Removes ‘Escrow Waiver’ Fee

November 29, 2016
Paul Muolo
Some see the move by UWM as a way to be more competitive in a declining origination market…
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FCC Hangs Up on MBA’s Telephone Exemption Request

November 29, 2016
Brandon Ivey
The MBA said the calls would generally be from servicers to borrowers, seeking to determine the reasons and nature of a delinquency…
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Short Takes: Trump Names HUD 'Landing Team' / Another Day and No Word from Doc Carson on the HUD Job / Trump ‘Landing Team’ Hits the Beach at the CFPB / Gather Intel and Advise / Resume Polishing Since Election Night? / Freddie Publishes eMortgage Vendor

November 29, 2016
Paul Muolo
Moreover, anyone close to Richard Cordray has likely been working on their resume since Tuesday night, Nov. 8…
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Final 3Q16 Tally: Brokers and Correspondents Gained Market Share, Retail Declines

November 28, 2016
John Bancroft
In the broker/wholesale channel, United Wholesale Mortgage and Caliber Home Loans posted strong growth rates…
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Latest Imf News

  • MGIC Tops Private MI Providers in Second Quarter

  • Mortgage Delinquencies Let Up in 2Q, Still Above 2025 Levels

  • Garg Seeks to Regain CEO Role at Better, Citing Shareholder Support

  • GSEs Formally End Green MBS Programs

More Imf News

Featured Data

  • FHA Loss-Mitigation Removals Spike in 2Q

  • Prime Non-Agency MBS Issuance Drops in 2Q

  • Agency MBS Issuance Sags in July as Refi Market Fades

  • Rocket, Chase Give Up Some Servicing Share in 2Q

More Featured Data

Featured Reports

  • 2026 Mortgage Market Statistical Annual (PDF)

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  • Mortgage Servicing Rights Report: 1Q26 (PDF)

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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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