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Home Equity Lending Up Slightly in 3Q15, Best Showing Since 2Q08

December 17, 2015
John Bancroft
Analysts believe there is enough house price appreciation in many areas to lubricate the home equity sector again...
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Angel Oak Issues Largest Post-Crisis Nonprime MBS

December 17, 2015
Brandon Ivey
Both this bond and one recently marketed by Beach Point Capital – which included mortgages funded by Citadel Servicing Corp. – were oversubscribed.
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FHFA GSE Scorecard for 2016: A Lot More Credit Risk Transfers, Looser Underwriting, More…

December 17, 2015
Paul Muolo
The FHFA also is promising to evaluate GSE underwriting criteria to improve access to single-family credit...
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Fannie Mae Survey Finds Looser Credit Standards but Tighter Affordability

December 17, 2015
Sherry Muolo
The profit margin outlook “has gradually trended down each quarter this year,” Fannie Mae said.
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Short Takes: Comments Being Taken on Front-End Risk Sharing / FHFA Contemplates MIs Once Again / Will Stock Buyback Help Nationstar? / The Fed Hikes Rates and Mortgage Bankers Yawn / Apps Up

December 17, 2015
Brandon Ivey, Paul Muolo, and Sherry Muolo
The Fed hiked rates. So what! It was already built into current pricing...
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Industry Wins Limited Relief From CFPB Rules, Other Measures Pending

December 16, 2015
Thomas Ressler
Among other things, the language grants the CFPB greater flexibility to treat a balloon loan as a “qualified mortgage” if it was extended by a community bank or...
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Just 23 Percent of Mortgage Professionals Vote for an FHA Premium Cut

December 16, 2015
Paul Muolo
The IMF poll also found that some in the industry believe the MMIF minimum capital ratio should be raised to 4 percent...
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More Tales of TRID Implementation Disasters: Law Firm Asks for the ‘HUD-1’ Form

December 16, 2015
Paul Muolo
One trade group rep noted that “anyone telling you” the TRID transition process “is somewhat smooth, is full of it.”
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Short Takes: Angel Oak Nonprime MBS a Done Deal / GSE ‘Jump Start’ Moves Along / Time to End the GSE Profit Sweep? / MBA Continues to Stump for ‘Transitional’ LO License / Sage Bank Settles Lending Discrimination Charges / New Hires for Ranieri

December 16, 2015
Paul Muolo and Thomas Ressler
The CHLA is renewing its call for Treasury and the FHFA to amend the preferred stock purchase agreements once again, allowing the GSEs to build capital...
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Want to Fight a HUD-DOJ FCA Case? Better Have $20 Million for the Attorneys

December 15, 2015
Paul Muolo
“My lenders are keenly aware of meeting their FHA responsibilities,” Corso said in an interview with Inside Mortgage Finance…
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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

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

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

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More Featured Data

Featured Reports

  • Agency Channel Analysis: 3Q25 (PDF)

  • 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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