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FHFA IG Among Growing List of Financial Regulators with Armed Agents

October 23, 2014
Charles Wisniowski
According to the most recently available data, 33 IG offices had roughly 3,500 agents authorized to carry firearms.
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Guild Mortgage Buys Second Lender Within Almost a Month

October 23, 2014
Paul Muolo
Guild intends to buy even more mortgage companies. Is an IPO next?
Read More

Final Rule on Risk-Retention For Non-Agency MBS Features Broad Exemptions

October 23, 2014
Brandon Ivey
Many lenders and some investors pushed for an alignment of QRM and QM, while other investors sought protections beyond the requirements for QMs.
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High Premiums Come Back to Haunt FHA: Purchase-Market Share Falls to Five-Year Low

October 23, 2014
Brandon Ivey
The chickens come home to roost: from 2008 through 2013, HUD increased the FHA’s annual mortgage insurance premium five times.
Read More

Yes, But Will the Megabanks Loosen Credit?

October 23, 2014
John Bancroft
David Steckel of Bank of America said his institution has focused on capturing more of the customers who fit into the company’s credit box rather than making that box bigger.
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CFPB Finalizes ‘Right to Cure’ Language for QM Loans

October 23, 2014
Thomas Ressler
Any refunds paid by the originator must occur within 210 days after the loan is made.
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Citi the Latest Jumbo MBS Issuer to Be Dinged for Having Small Number of Loans

October 23, 2014
Brandon Ivey
To account for the risk posed by the small loan pool, Fitch applied a penalty of 1.07-times (a 7.0 percent penalty) to the lifetime default expectations for the MBS...
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Ocwen Shareholder: Investors Have Been ‘Smoked,’ Will OCN Be Forced to Sell MSRs?

October 23, 2014
Paul Muolo
One servicing analyst told IMFnews that if Ocwen continues to get downgraded on its servicer ratings it could be forced to sell MSRs and/or post additional capital.
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Short Takes: A ‘Troubling’ Corporate Culture at Ocwen? / IMA Launches Crowd-Funding Unit / Massachusetts Loses Foreclosure Battle with GSEs / Reverse Stock Split for Mortgage REIT

October 23, 2014
Paul Muolo and Charles Wisniowski
Interactive Mortgage Advisors has launched RealPartner.com, a crowd funding platform giving accredited investors access to performing residential mortgages...
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First Republic, Chase Team Up on Unique New Jumbo MBS

October 22, 2014
Brandon Ivey
The new jumbo security from JPMorgan Chase is scheduled to be issued on Oct. 30.
Read More
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Latest Imf News

  • UWM Receives Equity Infusion From Oaktree, Suspends Dividend

  • Onity Swings to Loss in 2Q Amid Portfolio Restructuring

  • Zillow Aiming to Be One of the Largest Purchase-Mortgage Lenders

  • Pending Home Sales Decline in July With Rise in Interest Rates

More Imf News

Featured Data

  • Expanded-Credit MBS Issuance Declines in 2Q

  • Top Ginnie Servicers See Modest Growth in 2Q

  • Consumer Debt Drives New ABS to Record High in 2Q

  • Primary MI Volume, Characteristics Stable in Second Quarter

More Featured Data

Featured Reports

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Mortgage Servicing Rights Report: 1Q26 (PDF)

  • Lender Profiles 1Q26: Top 25 (PDF)

  • Mortgage Profitability 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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