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Warehouse Commitments Were Flat in 1Q, but Demand and Usage Rates Are Increasing

June 8, 2016
Paul Muolo
Another bank seeing a pickup in clients is Southwest Bank, Dallas…
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Short Takes: NAR to CFPB: Tell Lenders They Can Share the Closing Disclosure Form / Sharing Already? / Don’t Expect Huge TRID Changes / Who’s For Sale? / Ellie Mae, Generous with its Directors

June 8, 2016
Paul Muolo
Rumor has it that a mid-sized nonbank based in the Western U.S. is entertaining takeover offers...
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Mixed Trends in Banks’ First Lien Holdings; A Stunning Increase for JPM

June 7, 2016
Brandon Ivey
JPMorgan Chase may not like FHA loans very much, but it certainly has a strong appetite for jumbos, hence the huge growth in its retained portfolio...
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Rep. Hensarling Lays Out Dodd-Frank ‘Alternative’; Expanded Safe Harbor

June 7, 2016
Thomas Ressler
Changes include an ability-to-repay safe harbor for loans held in portfolio...
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Lone Star Prepares What Could be the Largest Post-Crisis Nonprime MBS to Date

June 7, 2016
Brandon Ivey
The Lone Star bond could also receive credit ratings, which would be a first for a nonprime MBS backed by new originations in the post-crisis era...
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Will New 3% Down GSE Programs From Wells and JPM Steal Market Share from FHA?

June 7, 2016
George Brooks
In addition, yourFirstMortgage does not require an upfront mortgage insurance premium…
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Origination Profits Rise in 1Q16, But Down YOY; Servicing an Issue

June 7, 2016
Paul Muolo
MBA said the average pre-tax production profit was 33 basis points in the first quarter of 2016, compared to an average net production profit of 22 bps in 4Q15.
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Short Takes: Rep. Hensarling: GOP Still Wants to Kill Fannie and Freddie / Will the CFPB Take Up Residence at the Mega-Nonbanks? / Choose Sunny SoCal? / So Long ‘Disruptors’? The Fad is Over

June 7, 2016
Paul Muolo
Joe Garrett of Garrett, McAuley & Co. wonders whether the day is coming when the CFPB will take up residence at some of the nation’s largest nonbank lenders.
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May Was Solid for Lenders, June Could be Even Better

June 6, 2016
Paul Muolo
Paul Rozo, CEO of Paramount Residential Mortgage Group, Corona, CA, said his shop witnessed a noticeable “uptick” in May and his fingers are crossed regarding the current month.
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When a C is a B: SFIG’s TRID Framework will Adjust Due Diligence Grades

June 6, 2016
Brandon Ivey
Better loan grading on the way?
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Latest Imf News

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Featured Data

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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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