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New Jumbo MBS from Chase to Include Loans Subject to TRID

June 8, 2016
Brandon Ivey
However, Fitch did raise concerns about the expenses associated with Pentalpha Surveillance, which will review potential breaches of representations and warranties…
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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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More Interest-Only Loans Set to Recast, Fewer Defaults Expected

June 8, 2016
Brandon Ivey
Last year, $18.8 billion in outstanding IOs in non-agency MBS hit 10-year recasts…
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JPM Hiring Hundreds of Mortgage Workers, BofA Active as Well

June 8, 2016
Paul Muolo
Equity Prime Mortgage of Atlanta said it’s hiring in all areas, including sales, servicing, operations and compliance…
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MIAC Offering $1 Billion-Plus of Mortgage Servicing Deals

June 8, 2016
Paul Muolo
The bid deadline on the $783 million portfolio is June 16. The other deal – heavy with Texas product – has a bid decline of June 15.
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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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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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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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Latest Imf News

  • Servicing Portfolios Decline at Rocket, Chase in 3Q

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  • 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

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  • Originations Tumble 16% in Third Quarter

More Featured Data

Featured Reports

  • Mortgage Profitability Report 2Q26 (PDF)

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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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