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Freddie Earns $5 Billion, G-Fee Charge at 51 Basis Points

August 7, 2013
Paul Muolo
In its earnings release, Freddie said it will not capture its deferred tax asset (DTA) valuation allowance which now stands at $28.6 billion.
Read More

Short Takes: So, Why Does the White House Want to Kill the GSEs? / Politicians Continue to Bash Fannie and Freddie / BofA Cuts Servicing Jobs in Pittsburgh / Wholesale Lending Makes a Comeback / Impac Comes on Strong

August 7, 2013
Paul Muolo
Who says that wholesale lending through loan brokers is dead? Carrington Mortgage and other firms are expanding in the sector.
Read More

Freddie Mac Has Worst MBS Issuance Month of the Year

August 6, 2013
Paul Muolo
Though the end of July, Freddie has issued roughly $302 billion of single-family MBS compared to $500 billion for Fannie.
Read More

OIG: FHFA Must Tighten Grip on Deficient FHLBank Unsecured Lending Practices

August 6, 2013
Charles Wisniowski
Between 2008 and early 2011, unsecured credit extensions by FHLBs to European institutions swelled from $66 billion to $123 billion.
Read More

Mortgage Broker Group Calls for QM to be Re-Proposed

August 6, 2013
Thomas Ressler
The NAIHP is concerned that "responsible consumers" may have been "intentionally" knocked out of the QM box.”
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Originations Booming at Nationstar, MSRs Will Top $435 Billion

August 6, 2013
Brandon Ivey
Portfolio recapture, wholesale, and builder channels accounted for almost 79 percent of its fundings in 2Q.
Read More

Obama Hints at Corker-Warner Support, Pushes for HARP 3.0

August 6, 2013
Paul Muolo
The White House believes that the current housing finance system, where the government guarantees more than 80 percent of all mortgages through Fannie Mae, Freddie Mac and FHA, is unsustainable.
Read More

Short Takes: Is CashCall Off the Auction Block? / HSBC Could Take a Huge Hit on MBS Settlement / FHFA CSP Job Pays $450,000 / LenderLive Gets Ginnie Approvals / Eminent Domain Advances

August 6, 2013
Paul Muolo and George Brooks
Is refi specialist CashCall still on the auction block?
Read More

Commercial MBS Issuance Slowed in 2Q, But Ahead of Last Year’s Pace

August 5, 2013
John Bancroft
Most of the apartment loans being securitized go through Fannie Mae and Freddie Mac programs.
Read More

HUD to Implement New HECM Guidelines by October

August 5, 2013
George Brooks
The guidelines follow the Senate’s passage last week of the Reverse Mortgage Stabilization Act of 2013.
Read More
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Latest Imf News

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Featured Data

  • Expanded-Credit MBS Issuance Declines in 2Q

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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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