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Home » Topics » News » IMFnews

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Texas Depository Purchases 15-Year-Old Nonbank Mortgage Firm

April 16, 2015
Paul Muolo
In general, depositories have not been active buyers of mortgage companies, though that’s starting to change somewhat.
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Short Takes: So Much for the Moratorium on Captives Joining FHLBs / Nonprofits Stand Up for Ocwen / Ocwen Layoffs? / Time to Exit SFR? / CFPB Rule Update

April 16, 2015
Brandon Ivey, Paul Muolo, and Thomas Ressler
Is the bloom off the rose in the single-family home rental market? Some institutional investors are shedding assets.
Read More

Credit Union Share of Residential Production Hits a Record 9.45 Percent

April 16, 2015
John Bancroft
Credit unions now lay claim to almost 10 percent of the residential lending market.
Read More

FHA Recaptures Few of Its Refinances; Cut in Annual Premium Could Help

April 16, 2015
Paul Muolo
Where are these FHA loans migrating to? “Fannie Mae and Freddie Mac,” said Chappelle.
Read More

Points-and-Fees Language Passes House but White House Veto Looms

April 15, 2015
Thomas Ressler
Hours before the House vote, word came from the White House that President Obama would veto the measure.
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Low Credit Enhancement on New Jumbo MBS From Two Harbors

April 15, 2015
Brandon Ivey
Credit enhancement levels set by the rating services play a major role in an issuer’s decision to come to market.
Read More

BofA Grows Originations by Almost 13 Percent; Layoffs Ensue

April 15, 2015
Paul Muolo
BofA continues to carve down the size of its mortgage servicing portfolio.
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FHFA Giving Mortgage Insurers an Early Peak at the PMIER Rules

April 15, 2015
Paul Muolo
The general fear is that higher-than-needed capital standards will cause mortgage insurers to hold unnecessary amounts of assets that will force the industry to raise premiums.
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Treasury Point Man on GSE Reform Defends PSPAs

April 15, 2015
Carisa Chappell
The remaining undrawn taxpayer commitment to the GSEs is $258.1 billion dollars, Stegman noted.
Read More

Short Takes: Wall Street Firm Eyeing Mortgage Purchase? / SEC Won’t Take Action Against Carrington / Applications Decline Slightly / Relief for ‘Trailer Park’ Loans? / loanDepot Gets New Chief Credit Risk Officer

April 15, 2015
Brandon Ivey, Paul Muolo, and Thomas Ressler
The Wall Street firm hunting for mortgage acquisitions is not a depository like JPMorgan Chase...
Read More
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Latest Imf News

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Featured Data

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