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Non-QM Lending: A Niche Market Looking to Expand?

March 30, 2016
Brandon Ivey
Impac originated $132.4 million in non-QMs in 2015, including $50.8 million in the fourth quarter of the year. Citadel did even more...
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TRID’s Impact on Fannie and Freddie: Little or None

March 29, 2016
Carisa Chappell
Although the GSEs have not started conducting routine quality control file reviews for technical compliance with the TRID rule, they are checking to make sure the new forms are being used.
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More TRID Headache Stories: How a $19 Mistake Cost a Lender $70,000

March 29, 2016
Paul Muolo
“The real punch in the gut is the investor taking 30 days to review” the mortgage, said the CEO. “Then they said it’s not up to their standards.”
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A New Indemnification Period for RHS Lenders: Five Years, Not Two

March 29, 2016
Brandon Ivey
The RHS stated that it may seek indemnification in cases of fraud or misrepresentation regardless of when the loan closed or when the default occurred.
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Plan to Smooth Out TRID Errors Could See the Light of Day This Week

March 29, 2016
Brandon Ivey
The SFIG has circulated a draft proposal regarding a standardized approach...
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Phoenix Capital Offering Flow Deals That Could Net $2.4 Billion

March 29, 2016
Paul Muolo
Much of the collateral is based in the Western U.S.
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Short Takes: Banks vs. Nonbank on TRID / Depositories Avoid ‘Fix n Flip’ Mortgages / Fannie, Freddie and ‘Nimrick’ Revisited / RHS and QMs / A Legal Case to Study: Guarantee Rate’s ‘Corporate Spy’

March 29, 2016
Brandon Ivey and Paul Muolo
Meet secondary market giant "Natty MaRC"?
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It Looks as Though WJB Went Through a ‘Recap’ In December. Then It All Went South

March 29, 2016
Paul Muolo
Among the secondary market investors buying loans from WJB was JPMorgan Chase, sources said…
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The Successor to Fannie/Freddie Would Only Be as Large as it ‘Needs to Be’

March 29, 2016
Brandon Ivey
The clock is ticking on Fannie/Freddie capital going to zero. To some, this proposal restarts the GSE "conversation..."
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Reverse Mortgage Production Up 15 Percent in 2015, However…

March 28, 2016
George Brooks
Not one depository ranks among the top 10 reverse mortgage lenders...
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Latest Imf News

  • Rocket Tops Agency Servicers With Mr. Cooper Acquisition

  • MBA Economist Still Sees Interest Rates Staying Above 6.0%

  • Agency MBS Investors Await Details on GSE Purchases

  • Servicing Valuations Cut Into Banks’ Mortgage Earnings in 4Q

More Imf News

Featured Data

  • Correspondents Gain Market Share in Government Lending

  • Solid 4Q Carries 2025 MBS/ABS to $2 Trillion

  • Agency Refi Market Rises to Three-Year High in 2025

  • Largest Sellers See GSE Deliveries Wane in November

More Featured Data

Featured Reports

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  • Mortgage Profitability Report 3Q25 (PDF)

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  • Mortgage Servicing Rights Report: 3Q25 (PDF)

More Latest Reports

Featured Poll

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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