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Industry Angst Over TRID Remains Sky High, Survey Finds

November 3, 2015
Thomas Ressler
When asked about complying with the complex TRID rules, 32 percent of respondents cited “collaborating with stakeholders” as their top issue...
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A Bipartisan Effort to Boost FHA’s Role in the Condo Market

November 3, 2015
George Brooks
In a recent letter to HUD Secretary Julian Castro, 69 House members called for policy changes that would relax FHA restrictions to facilitate the purchase and sale of condominiums.
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Short Takes: Hedging Decisions by a GSE With No Capital / Hedging Ain’t Easy / As the Portfolio Shrinks, So Too Will the Need to Hedge / CMLA Urged a Recap Early On / New Hires at Norcom Mortgage

November 3, 2015
Carisa Chappell and Paul Muolo
Keep in mind that hedging can be a tricky business, whether you're a GSE or not...
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First Republic the Market Leader in Contributions to Jumbo MBS

November 2, 2015
Brandon Ivey
Among the top five contributors to jumbo MBS, all were nonbanks, except First Republic.
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VA, FHA Delinquencies on the Rise

November 2, 2015
George Brooks
The remaining principal balance of securitized VA loans was $426.8 billion, up 5.1 percent from the prior quarter.
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Former Goldman Sachs Managing Director Nichols Bullish on Non-QM Lending

November 2, 2015
John Bancroft
Some 35 percent of the U.S. population has a credit score below 650, said Matt Nichols, CEO of Deephaven Mortgage.
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A Hefty Slowdown in Originations? Not at Some Shops

November 2, 2015
Paul Muolo
Discussing the new integrated disclosure rule known as TRID, Ishbia noted that loan brokers “adapted wonderfully and we are closing a lot of TRID loans.”
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OCC Chief Warns About Relaxed Credit, Multifamily Loan Concentrations

November 2, 2015
Paul Muolo
OCC chief Thomas Curry added: “It’s clear to me that these reserves need to rise to account for the increasing credit risk we are seeing in the system."
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Short Takes: The White House View on the GSEs’ ‘Flawed’ Charters / A Message Investors Unite Won’t Like / Innocents? / New Jumbo Deal From Five Oaks / PennyMac a Stand Out / Ed DeMarco, HUD Secretary?

November 2, 2015
Paul Muolo
Among the top ten residential lenders, CitiMortgage and Bank of America had the weakest growth rate...
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Commercial MBS Could Have its Best Year Since the Crash

October 30, 2015
John Bancroft
Agency multifamily MBS issuance dropped more steeply, by 19.7 percent, but that was from the record $30.91 billion issued during the second quarter of this year.
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Latest Imf News

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