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Home » Topics » News » IMFnews

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Moody’s to Non-QM Lenders: Find Rookie Borrowers With Potentially Lucrative Careers

October 29, 2014
Brandon Ivey
Young doctors just out of medical school can be good non-QM credit risks. Of course, there's all that student loan debt to consider...
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Fannie Mae Turning Into a Multifamily MBS Monster: Deals Doubled in 3Q

October 29, 2014
Charles Wisniowski
Former FHFA Acting Director Edward DeMarco wanted to shrink the multifamily programs of Fannie and Freddie, but that initiative has been placed on the back burner.
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Warehouse Lenders See an Increase in Outstandings; Credit for Non-QM Loans?

October 28, 2014
Paul Muolo
Another positive for the production market is a new willingness on the part of certain warehouse banks to finance the production of non-QM loans.
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Short Takes: Lower Rates Affecting M&A? / Gain-on-Sale Not So Bad / FHA May Penalize Lenders on Re-certifications / JPM and Non-QMs? / Nonbanks Love Ginnie, but is the Feeling Mutual?

October 28, 2014
Paul Muolo and George Brooks
Is the investment banking arm of JPMorgan Chase sniffing around the non-QM space? It sounds crazy, we know...
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What’s Going On? Consumers Are Complaining a Lot Less About Mortgages

October 28, 2014
Thomas Ressler
Total mortgage complaints have been trending downward since they peaked at 15,239 in the first quarter of 2013.
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Quick Turn-Time on Latest Jumbo MBS from Two Harbors

October 28, 2014
Brandon Ivey
DBRS said one of the strengths of the new jumbo deal is its traditional lifetime representations and warranties.
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MBS Investments by Credit Unions on the Wane

October 27, 2014
With certain exceptions, credit unions invest almost exclusively in agency product, avoiding jumbo securities.
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Consumer Who Benefited From CFPB Castle & Cook Case Files Class Action

October 27, 2014
Thomas Ressler
In the Castle & Cook case more than 9,400 consumers received checks from the settlement with the CFPB. But one homeowner decided not to stop there...
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California Continues to Dominate the Jumbo Market – By Far

October 27, 2014
Brandon Ivey
Jumbo lending increased 14.2 percent in 2013 compared with the previous year. California posted a growth rate slightly above that level...
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Despite ‘Open Letter’ on Loan Mod Snafu, Ocwen’s Share Price Hits New Low

October 27, 2014
Brandon Ivey
Ocwen's open letter to borrowers likely will not assuage shareholders who have lost a ton of money on the firm.
Read More
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Latest Imf News

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Featured Data

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Featured Reports

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

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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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