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Loan Limit on Redwood/FHLBank Product Boosted to $2.5 Million

July 19, 2016
Brandon Ivey
The changes follow looser underwriting standards implemented by Redwood outside of the MPF Direct product.
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Chase to Issue the Largest Post-Crisis Prime Non-Agency MBS; Deal Includes GSE-Eligible Loans, Excludes TRID

July 18, 2016
Brandon Ivey
Moody’s noted that all of the conforming mortgages that will be included in the MBS pre-date the TILA/RESPA Integrated Disclosure rule.
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GSEs Raise Concerns About Flood Insurance Legislation Passed by House

July 18, 2016
Brandon Ivey
The bill would expand flood insurance options by including private flood insurance and require the GSEs to accept any private flood insurance company a borrower chooses, as long as the company is financially sound.
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Short Takes: Strong Demand for Non-FHA Product / BofA Eliminates 'Legacy' Segment / Loan Mods and Foreclosures Decline / FHA Condo Legislation

July 18, 2016
George Brooks and Brandon Ivey
Officials at Wells Fargo said that in the first month of offering the non-FHA yourFirstMortgage, applications for more than $1.0 billion in production were received.
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Ginnie Mae Issuance Outpaces GSEs in Second Quarter, Strong Increase in VA Mortgages

July 18, 2016
John Bancroft
While FHA forward mortgages continued to be the biggest source of collateral, the VA program actually produced a bigger gain, 42.4 percent, from the first to the second quarter.
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BofA Increases Originations in Second Quarter, Shows Mixed Trends with Mortgage-Banking Income

July 18, 2016
Brandon Ivey
Officials at BofA have a positive outlook for originations, with the bank’s first-mortgage production pipeline at higher levels at the end of the second quarter.
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What We’re Hearing: The Mother of all MSR Write-downs? / Maybe It Won’t be So Bad / Worrying About Ginnie Mae ‘Stress Tests’ / And This Time Everyone is Invited to the Ginnie Summit / Will Trump Leave Ginnie Mae Alone? Will Hillary?

July 15, 2016
Paul Muolo
We don’t know who will lead the new administration, though for Ginnie’s sake, it’s likely that both Donald Trump and Hillary Clinton won’t mess with the agency or its charter. Right?
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MBS Trading Declined in June as Rates Tumbled. A Coming Bond Market Correction?

July 15, 2016
Paul Muolo
For several months now, there have been predictions about a massive correction in the bond market, which could cause red ink to spill …
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Jumbo Operations Stop as Annaly Acquires Hatteras

July 15, 2016
Brandon Ivey
Both parties wouldn’t comment on the news regarding Onslow Bay…
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An Ugly Showing for the Non-Agency MBS Market in 2Q16

July 15, 2016
John Bancroft
Lone Star produced a rare rated deal backed by subprime loans that had been originated within the past year …
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Latest Imf News

  • Agency MBS Issuance Declines in October

  • loanDepot Losses Tick Up in 3Q

  • Former Ginnie Leaders Call for Liquidity Backstops

  • Jumbo Borrowers Need to Reset Rate Expectations

More Imf News

Featured Data

  • Top Ginnie Servicers Increase Portfolios in Third Quarter

  • Major Lenders Pull Back on ECM MBS in 3Q

  • Resets Drive CLO/CDO Issuance Higher in 3Q

  • Originations Tumble 16% in Third Quarter

More Featured Data

Featured Reports

  • Mortgage Profitability Report 2Q26 (PDF)

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Mortgage Servicing Rights Report: 2Q26 (PDF)

  • Lender Profiles 2Q26: Top 25 (PDF)

More Latest Reports

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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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