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Ginnie Mae Cautiously Embraces New Entrants Despite Lingering Doubts

June 4, 2015
John Bancroft
Meanwhile, the pipeline of issuer applications has dropped dramatically at Ginnie Mae...
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As Part of its ‘Sensitive’ Letter, the CFPB Predicts Loan Closings Won’t be Delayed…

June 4, 2015
Thomas Ressler
Some lenders have predicted delays ranging from a few days to more than a month.
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1Q15 Origination Tally: Refis Dominated. Is There Hope for the Purchase Market?

June 4, 2015
John Bancroft
In fact, 2014 was the first year since 2006 that purchase mortgages accounted for more than half of total residential originations.
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Fast Growing Nonbank RPM Will Pay $19 Million to Settle Steering Allegations

June 4, 2015
Paul Muolo
Over the past year, RPM has been in the hunt to buy other mortgage companies, investment banking sources told IMFnews.
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Thanks to MSR Sales, Ocwen Garners a Few Ratings Upgrades

June 4, 2015
Brandon Ivey
According to Moody’s rating scale of long-term corporate obligations, obligations rated Caa are judged to be of “poor standing” and are subject to “very high" credit risk...
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Short Takes: FHFA Official Spills the Beans on LPMI, More / But Comments Made Behind Closed Doors / Mortgage Applications Down Modestly / Loans With MI Have Good Closing Record / A New Hire for Clayton

June 3, 2015
Paul Muolo
Not only is the FHFA scrutinizing lender-paid mortgage insurance products, but the agency might require higher capital standards...
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MBA: Residential Origination Profits Almost Doubled in 1Q15

June 3, 2015
Paul Muolo
The findings were based on results supplied by 359 residential originators.
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VA to Scrutinize Loan Closing Delays, Wants to Shorten Wait Times

June 3, 2015
George Brooks
The average closing time for a VA mortgage was 41 days, a reading taken in as of March of this year. A year ago it was 39 days.
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Buyers Continue to Hunt for Mortgage Firms; Mid-Sized Lenders Red Hot?

June 3, 2015
Paul Muolo
Chuck Klein, managing director for Mortgage Banking Solutions, agrees that most of the coming M&A activity will center on small- and medium-sized shops.
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CFPB to be Sensitive to Lenders on TRID Compliance

June 3, 2015
Thomas Ressler
The reassurance on TRID was given Wednesday morning to Richard Hunt, president and CEO of the Consumer Bankers Association...
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Latest Imf News

  • Mortgage Industry Braces for Higher-for-Longer Interest Rate Environment

  • Purchase Loans Lead Prime Non-Agency MBS Growth

  • Trump's EO Targets Small Programs

  • Expanded-Credit MBS Issuers Broaden Sourcing for Mortgages

More Imf News

Featured Data

  • Top Ginnie Servicers Increase Portfolios in Third Quarter

  • Major Lenders Pull Back on ECM MBS in 3Q

  • Resets Drive CLO/CDO Issuance Higher in 3Q

  • Originations Tumble 16% in Third Quarter

More Featured Data

Featured Reports

  • GSE Repurchase Activity: Cumulative Through Second Quarter 2026 (PDF Format)

  • Mortgage Profitability Report 2Q26 (PDF)

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Mortgage Servicing Rights Report: 2Q26 (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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