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CFPB Looks to Address Errors on Credit Reports

June 4, 2024
Shannon Clark
"Companies that are putting bad information on those reports, there needs to be some accountability for them and the ones who are assembling these reports," said CFPB director Rohit Chopra.
Read More

Short Takes: Housing an Election Issue / Inventory Likely to Remain Limited / SF FHLBank Increases DPA / GSE Eligible Loans in New Non-Agency MBS

June 4, 2024
Brandon Ivey
Housing affordability ranked as more important for voters in the 2024 presidential election than abortion rights or student debt, according to a survey commissioned by Redfin.
Read More

Short Takes: A Little M&A? / The Story Doesn’t Change: Lack of Homes / Purchase Apps / How Much? / MI Industry Looks Good

June 3, 2024
Paul Muolo
Keefe, Bruyette & Woods on Sunday upgraded mortgage insurers MGIC and Radian to “outperform” from “market perform.”
Read More

Jumbo Lending Declines in First Quarter

May 31, 2024
Brandon Ivey
A number of banks reduced their jumbo originations in early 2024 and nonbanks aren't fully picking up the slack.
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SCOTUS Calls for Closer Look at Federal Preemption in Escrow Case

May 31, 2024
Shannon Clark
The Supreme Court delivered a unanimous opinion in Cantero v. Bank of America, sending the case back to a lower court.
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Mixed Reaction to CFPB’s RFI on Mortgage Costs

May 31, 2024
Brandon Ivey
Lenders are happy the CFPB is scrutinizing certain fees while harboring some concerns about the CFPB's motives.
Read More

UWM Won’t Be Forming a Real Estate Investment Trust

May 31, 2024
Paul Muolo
To date, nonbank lender/servicers that play in the conventional/government arena have had mixed success in capitalizing on using REITs that sell shares to the public.
Read More

Short Takes: Michael Cohen’s HELOC / Expanded-Credit Impairments Decline / Pending Home Sales Slow / Lender M&A

May 31, 2024
Brandon Ivey
Michael Cohen, former President Donald Trump’s former attorney, testified during the trial that he used proceeds from a personal home equity line of credit to pay off Stormy Daniels on behalf of Trump.
Read More

CFPB Releases RFI on Mortgage Closing Costs

May 30, 2024
Shannon Clark
Industry trade groups reacted swiftly to the RFI.
Read More

Ginnie Eyes Launch of HMBS 2.0 by Year’s End

May 30, 2024
Monica Hogan
Dubbed HMBS 2.0, the securitization product would give Ginnie MBS issuers a new funding mechanism to buy back loans with balances over 98%.
Read More
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Latest Imf News

  • Refi Lending Spikes in 4Q, Purchase Mortgages Slow

  • Delinquencies Climb During Fourth Quarter, Led by FHA

  • GSEs Getting Aggressive With Cash Window Pricing

  • Onity’s Earnings Helped by Release of Tax Valuation Allowance

More Imf News

Featured Data

  • FHA Delinquencies Rise to Pandemic Levels

  • Expanded-Credit MBS Issuance Slows in 4Q

  • New Nonbank Servicing Giant Emerges in Fourth Quarter

  • January Ushers In New Year With Modest Gain in MBS

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

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?

View Results
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