On the Rise: Nonprime, Non-QM Loan Volumes November 16, 2015 Brandon Ivey Impac’s initial foray into non-QM production was sourced mostly through the wholesale channel.Read More
FHA MMIF Hits $23.8 Billion, Surpassing 2.0 Percent Capital Threshold November 16, 2015 Paul Muolo It's the first time since 2008 that the MMIF has had a capital ratio north of the congressionally mandated 2 percent minimum. Read More
Rising Population of Young Vets Could Spur More VA Lending November 16, 2015 George Brooks The number of young vets has risen while the 35- to 64-year-old bucket has shrunk...Read More
Silver Hill Now Taking Applications on SBC Loans, Including Multifamily November 16, 2015 Paul Muolo A nationwide roll out of the small-balance product starts next year.Read More
Okay, So the MMIF is North of 2 Percent, but Don’t Expect a Premium Cut November 16, 2015 George Brooks So, will the FHA cut the MIP? Absolutely not, at least not at this time.Read More
Short Takes: Private MIs Want Higher FHA Capital Standards / Ocwen Sells Short-Term Paper / CoreLogic Updates Risk Model on Jumbos / Due Diligence Providers Added / Correction November 16, 2015 Paul Muolo and Brandon Ivey Some believe the FHA MMIF minimum capital standard should be 4.5 percent, not 2.0 percent. Read More
Bank Demand for Jumbos Expected to Continue November 16, 2015 Brandon Ivey Jumbo mortgages have provided commercial banks and thrifts with good profits margins. Of course, it helps that deposit rates are almost non-existent.Read More
Freddie Mac’s Planned Whole Loan Securities Transaction Receives Rating November 13, 2015 Brandon Ivey The loans to be included in the deal are similar to the types of mortgages that have been included in jumbo MBS issued in recent years.Read More
Jumbo MBS on the Mend? Three Recent Deals Spark (Muted) Optimism November 13, 2015 Brandon Ivey Industry analysts suggest that while liquidity for new jumbo MBS remains limited, the securities can be a good investment.Read More
Recapping the GSEs While Promoting Affordable Housing – Can Such a Concept Fly? November 13, 2015 Carisa Chappell The authors want the Treasury Department to end the quarterly profit sweep and allow Fannie and Freddie to raise about $100 billion in additional capital through several rounds of new common stock sales...Read More