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Short Takes: Margin Calls May Pose a Risk to Nonbanks? / Who Thought Rates Would Go This Low? / FHA Subject to ‘Black Swans’ / HUD, Philadelphia and the X-Files / FHA Condo Financing Relief on the Way?

February 9, 2016
Paul Muolo and George Brooks
In its new annual budget, the White House declares that the FHA mutual mortgage insurance fund is vulnerable to “Black Swans...”
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Quicken Asks Mortgage Insurance Firms to Cut a Deal on MI

February 8, 2016
Paul Muolo
Quicken said it "will evaluate all bids once received and make the decision to partner with one or two providers. Our plan is to reevaluate this process regularly."
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Fitch Issues MBS Warning on Home Prices in the San Francisco Area; 14 Percent Overvalued?

February 8, 2016
Carisa Chappell
Other parts of the nation with the caution light on include Florida and Texas…
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Short Takes: More Jumbo TRID Woes? / Prosperity Looks to Train Young LOs on ‘TRID’ / No LO Prima Donnas, Please / Quicken’s Grade on MI Audits / A Correction

February 8, 2016
Paul Muolo
TRID has become such a serious problem that some lenders are starting the education process early with new loan officers.
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Finally, Signs of Credit Loosening in the GSE Market

February 8, 2016
John Bancroft
In the fourth quarter, 20.3 percent of refi loans sold to the GSEs were in the low-score category, the highest level for the year.
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Fairholme Continues Push to Have FHFA Cough Up More PSPA Documents

February 8, 2016
Carisa Chappell
In November, Judge Sweeney denied Fannie Mae’s motion to quash or invalidate a subpoena issued by the plaintiff’s counsel…
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A $470 Million Settlement for HSBC; Bank Continues to Pay for the Sins of Household Finance

February 8, 2016
Brandon Ivey
During the subprime boom, HSBC owned Household Finance, a once-top ranked subprime lender and servicer that was later cited for lending and servicing violations.
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Issuance of Agency MBS Down Slightly in January; But Ginnie Production Rises

February 5, 2016
John Bancroft
Ginnie Mae even posted a 5.6 percent increase in refinance loan securitizations...
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How Many Seller-Servicers Will Actually Use the GSEs’ New ‘Loser-Pay’ Dispute Resolution Process?

February 5, 2016
John Bancroft and Carisa Chappell
Colonial National Mortgage was a beta site for the IDR and Allen Maulsby, executive vice president of the bank, said the IDR process is very “legalistic…”
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Surprise: Mortgage Hiring Inches Up in December

February 5, 2016
Paul Muolo
Among those hiring is Jordan Capital Finance, Chicago, which seeks to add new loan reps and a senior vice president of sales and business development...
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Latest Imf News

  • MGIC Tops Private MI Providers in Second Quarter

  • Mortgage Delinquencies Let Up in 2Q, Still Above 2025 Levels

  • Garg Seeks to Regain CEO Role at Better, Citing Shareholder Support

  • GSEs Formally End Green MBS Programs

More Imf News

Featured Data

  • FHA Loss-Mitigation Removals Spike in 2Q

  • Prime Non-Agency MBS Issuance Drops in 2Q

  • Agency MBS Issuance Sags in July as Refi Market Fades

  • Rocket, Chase Give Up Some Servicing Share in 2Q

More Featured Data

Featured Reports

  • 2026 Mortgage Market Statistical Annual (PDF)

  • IMF HMDA Dashboard: 2025

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Mortgage Servicing Rights Report: 1Q26 (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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