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Freddie Packages Conforming Jumbos into $348.36 Million Security with Limited Third-Party Due Diligence

July 14, 2016
Brandon Ivey
Moody’s said third-party due diligence was completed on 30.0 percent of the mortgages…
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Fannie/Freddie MI Loans Spiked 33 Percent in Second Quarter

July 14, 2016
John Bancroft
In the private MI segment, the biggest gain in percentage terms was in refinance loans…
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JPM Grew Production by 11.6% in 2Q16; But it Marked Down its MSRs to Just 81 Basis Points. A Sign of the Times?

July 14, 2016
Paul Muolo
At June 30, JPM held $175.8 billion of residential whole loans in portfolio, a gain of $7.06 billion over the reading at March 31.
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Former FHFA Chief Ed DeMarco Says Turn the GSEs into Insurance Companies

July 13, 2016
Carisa Chappell
The authors advocate for competition in the secondary market…
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Omaha PE Firm Partners with Alterra Home Loans for ‘Significant’ Capital Raise

July 13, 2016
Paul Muolo
In 2015, Alterra Home Loans had a growth rate of 100 percent. The firm also has a small servicing portfolio but uses a subservicer to do the processing.
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On the Rise Once Again: New Mortgage Applications

July 13, 2016
Sherry Muolo
Another week, and another gain in new mortgage applications...
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Short Takes: FHFA’s Watt Finally Answers the Big Dogs / Mortgage Layoffs at Bank of America / UWM Rolls Out 1 Percent Down Option / Housing Finance an Issue in Donald v. Hillary?

July 13, 2016
Paul Muolo and Macie Jones
With the presidential election underway, many Americans are beginning to analyze and critique the candidate’s various policies – including their views on housing and finance.
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So, Who Will Cut Pricing First? FHA or the FHFA?

July 13, 2016
Paul Muolo
One mortgage insurance lobbyist added: “Fannie and Freddie really don’t want to cut fees. It would hurt their earnings. It’s hard to imagine them doing anything right now that would reduce revenues.”
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JPM, Freddie Mac Preparing Separate Securities Backed by Conforming Mortgages

July 13, 2016
Brandon Ivey
The pending deal from Chase will include 4,122 mortgages, according to a due diligence review by Opus Capital Markets Consultants…
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Loan Broker Employment Highest in Almost Eight Years

July 12, 2016
Paul Muolo
The only major bank to rank among the top five table funders in 1Q16 was U.S. Bancorp with a 4.1 percent market share.
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Latest Imf News

  • Servicing Portfolios Decline at Rocket, Chase in 3Q

  • Onity Adjusting MSR Acquisition Strategy, Subservicing

  • Ending GSE Conservatorship by 2028 Looks Unlikely

  • Consumer Advocates Seek Stronger Regulation of HEIs

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

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  • Lender Profiles 2Q26: Top 25 (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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