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With Stock Price Low, PennyMac REIT Approves $150 Million Share Repurchase Program

August 19, 2015
Brandon Ivey
PennyMac Mortgage Investment Trust may repurchase up to $150 million of its outstanding common shares as the real estate investment trust's stock price has declined this year.
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First-Time Homebuyers Faced with Higher Price-to-Income Ratio than Buyers in Previous Decades

August 18, 2015
Brandon Ivey
Increases in home prices have outpaced growth in income for first-time homebuyers, according to an analysis by Zillow.
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Consumer Advocates Tout Ability to Get Loan Modifications for Borrowers that Have Been Denied in HAMP

August 18, 2015
Brandon Ivey
The Nonprofit Alliance of Consumer Advocates focuses on helping borrowers that have mortgages owned by a servicer subject to the $25 billion national servicing settlement.
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Invesco Turns Profit in Second Quarter, Increases Holdings of Agency Adjustable-Rate Mortgages

August 18, 2015
Brandon Ivey

Short Takes: Re-Insurance Risk-Sharing Deal / New York Foreclosure Process / Non-QM Underwriting Guidelines / New Lender Enters Market

August 18, 2015
Brandon Ivey
Credit Insurance Risk Transfer 2015-2 covers an $8.1 billion pool of mortgages with a maximum coverage of approximately $202.5 million provided by re-insurers.
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FHA Enhances Lender Performance Assessment with Supplemental Performance Metric

August 18, 2015
George Brooks
The metric will assess lender performance based on the lender’s default rate within three credit-score bands and compare it to an FHA target rate, rather than to the lender’s peers.
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Lone Star Issues Non-Agency MBS with Non-QMs from Caliber Home Loans

August 17, 2015
Brandon Ivey
The newly-originated adjustable-rate mortgages have a weighted-average coupon of 7.387 percent and an average credit score of 688, according to Bank of America Merrill Lynch.
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Short Takes: Neighborhood Watch Back Online / Delinquencies Decline / Higher Loan Amounts at FHA / MBA's Summer Lobbying Agenda

August 17, 2015
Brandon Ivey
The rate of borrowers 60 days or more delinquent on their mortgages fell to 2.72 percent in the second quarter of 2015, according to TransUnion.
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GSE MBS Issuance Continues to Increase, Partly Due to Seasoned Loans

August 14, 2015
John Bancroft
A big part of Freddie’s sharp increase in issuance came from the $8.00 billion of seasoned loans the company securitized in July.
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U.S. Timeshare Delinquencies at Lowest Level in Eight Years

August 14, 2015
Thomas Ressler
Timeshare collateral has displayed consistent year-over-year improvement since 2012.
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Latest Imf News

  • Residential MBS Issuance Up Nearly 15% in 2025

  • BofA, Wells Boost Originations in Fourth Quarter

  • Some Concerns About Lending Practices Amid Deregulation

  • Mortgage Applications Spike Following GSE MBS Plan

More Imf News

Featured Data

  • Largest Sellers See GSE Deliveries Wane in November

  • Third-Party Lenders Boost Market Share in Third Quarter

  • Bank Mortgage Repurchases Decline in Third Quarter

  • Mortgage REITs Up Agency MBS, Shed Non-Agency

More Featured Data

Featured Reports

  • Mortgage Profitability Report 3Q25 (PDF)

  • Top Mortgage Players: 3Q25 (PDF)

  • Mortgage Servicing Rights Report: 3Q25 (PDF)

  • GSE Repurchase Activity: Cumulative to Second Quarter 2025 (PDF Format)

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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