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Auction of Nonperforming Loans by Fannie Mae on Hold?

April 16, 2013
Paul Muolo
It appears that Fannie Mae is dialing back on its plan to sell nonperforming residential loans.
Read More

Originations at Top 100 Grew by 31 Percent Last Year, Nonbanks Have Strongest Growth

April 16, 2013
Paul Muolo
Nonbank lenders had the strongest growth last year in terms of new originations, according to new figures compiled by Inside Mortgage Finance.
Read More

CFPB Compliance Guide on ATR Rule Leaves Large Lenders Chomping at the Bit

April 16, 2013
Thomas Ressler
Banks continue to press the CFPB on their request that the agency use its exemption authority to extend the ATR rule's compliance deadline from 12 to 24 months.
Read More

Ex-CFPB CIO Launches Compliance Venture for Third-Party Mortgage Investors

April 16, 2013
Paul Muolo
Tim Duncan, a past chief information officer for the CFPB, aims to protect third-party lenders from regulatory snafus with his new venture.
Read More

Short Takes: Nationstar Mortgage Directors Clean Up / Flagstar Selling MSRs / Walter Wants to Keep Some Secrets / BofA’s Hit on Countrywide: $41 Billion / CFPB Deputy Director Meets the Hill

April 16, 2013
Paul Muolo and Thomas Ressler
Four non-management directors at Nationstar Mortgage earned almost $1.5 million last year. Meanwhile, it appears Flagstar is selling some of its MSRs.
Read More

GSE Buybacks Fell in 2012, Is the Scourge Ending?

April 15, 2013
John Bancroft
Loan repurchases by seller/servicers fell last year, a sign that the worst of this problem may be over for the industry. Or is that wishful thinking?
Read More

House Democrats Look to Begin GSE Reform Process

April 15, 2013
Brandon Ivey
Rep. Maxine Waters, the ranking minority member of the House Financial Services Committee, believes that now is "precisely the time to think about how we can reshape the secondary mortgage market."
Read More

If Mark Zandi Gets the FHFA Job, GSE Reform Could Come Within Two Years

April 15, 2013
Charles Wisniowski
It appears that well known economist Mark Zandi is indeed a candidate to head the Federal Housing Finance Agency. But will the White House actually nominate him?
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Residential Fundings Rise at Citigroup, Bank Marks Up MSRs Too

April 15, 2013
Paul Muolo
Although the nation's largest lender, Wells Fargo, saw residential fundings slip in the first quarter, Citigroup had a gain.
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Prestwick Selling MSRs, Offerings Keep Coming

April 15, 2013
Paul Muolo
The market for residential servicing rights is picking up a full head of steam with several packages out for bid.
Read More
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Latest Imf News

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Featured Data

  • Largest Sellers See GSE Deliveries Wane in November

  • Third-Party Lenders Boost Market Share in Third Quarter

  • Bank Mortgage Repurchases Decline in Third Quarter

  • Mortgage REITs Up Agency MBS, Shed Non-Agency

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Featured Reports

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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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