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Court Ends City’s Bid to Charge Banks for Foreclosure Costs

April 2, 2013
George Brooks
The Court of Appeals of Ohio for the Eighth District apparently has put to an end to city government lawsuits forcing banks to pay for the high costs of foreclosures, including city costs to raze or board up abandoned houses and lost taxes due to property devaluation.
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Short Takes: Increased FHLB Advance Business/Promontory Hires Ex-SEC Chief/Grassley Bids For Independent CFPB IG/Fewer Complain to FTC About Mortgage Foreclosure Relief Services

April 2, 2013
George Brooks, Brandon Ivey, Thomas Ressler, and Charles Wisniowski
The outstanding carrying value advances for the 12 Federal Home Loan Banks increased during 2012 as the demand for advances showed signs of regional stabilization and certain FHLBank members increased their use of advances, according to the recent annual report by the FHLBank Office of Finance.
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Appeals Court Overturns FHFA PACE Lawsuit With A Warning

April 1, 2013
Charles Wisniowski
The three-judge panel of the Ninth Circuit overturned a lower court’s ruling from last summer which determined the FHFA was not acting as conservator but as regulator when the agency halted GSE involvement with PACE programs.
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MBA Seeks to Limit Regulation of Social Media Activity

April 1, 2013
Brandon Ivey
The MBA tells regulators that financial companies shoudn't be held resonsible for social media communications of individual staffers.
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Short Takes: Another Proposed Cut in Mortgage Interest Deduction/ Motion Denied for Former Freddie Execs/First American Promotes From Within/ Brown to Replace Johnson on Senate Banking Committee?

April 1, 2013
Charles Wisniowski
A House Democrat proposes a bill to lower the cap on the Mortgage Interest Deduction. Meanwhile, could Sen. Sherrod Brown succeed Tim Johnson as Senate Banking Committee Chair?
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Best Liquidity in Five Years for ‘Flow’ and ‘Bulk’ MSRs

March 29, 2013
Paul Muolo
Sellers of 'flow' and 'bulk' mortgage servicing rights are seeing a noticeable increase in prices for their MSRs as buyers chase both quality and bargains.
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Is the Mortgage Buyback Scourge Over? Repurchases Decline to Four-Year Low

March 29, 2013
John Bancroft
Roughly 270 depositories reported some mortgage buyback activity for 2012 but overall repurchases fell to a four-year low. Is the worst of the problem now over?
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Commercial MBS Has Its Best Year Since the Crash, Multifamily Shines

March 29, 2013
John Bancroft
Inside MBS & ABS found big gains in the securitization of most commercial property types, including a huge surge in mortgages on hotels and motels.
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MBS-Investing REITs Continue to Tap Equity Markets for Cash

March 29, 2013
Thomas Ressler
MBS investing REITs continue to tap the equity market for cash, which means the sector is healthy. Right?
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Is Fannie Mae’s NPL Auction on Hold? / Nationstar Mortgage Eyeing Jumbo MBS / Credit Suisse Goes Jumbo Once Again / It Looks as Though Freddie Will Claim Deferred Tax Assets Too / Clayton Bullish on Surveillance

March 29, 2013
Fannie Mae may be having second thoughts about selling nonperforming loans into the secondary market where cash-rich investors are waiting with bated breath.
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Latest Imf News

  • Refi Deliveries to GSEs Level Off in January

  • Fannie's Profits Dip in 4Q on Fair Value Losses

  • House Committee Split on Next Affordable Housing Efforts

  • FHFA, Ginnie to Increase Oversight of Nonbank Servicers

More Imf News

Featured Data

  • Mortgage Complaints to CFPB Tick Up in Fourth Quarter

  • Agency MSR Transfers Pick Up in Fourth Quarter of 2025

  • Record Year for CLO, But Issuance Slowed in 4Q25

  • Originations Increase in Fourth Quarter With Refi Push

More Featured Data

Featured Reports

  • Mortgage Servicing Rights Report: 3Q25 (PDF)

  • IMF Mortgage Directory: Full interactive database

  • Agency Seller-Issuer Profile: 3Q25 (PDF)

  • IMF HMDA Dashboard: 2024

More Latest 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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