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Home » Topics » News » IMFnews

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Lenders Face Headwinds From Bank Volatility

May 30, 2023
Dennis Hollier
MBA Chief Economist Mike Fratantoni cautioned that mortgage originations could face ongoing pressure tied to issues with banks.
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OneMain Paying NY $4.25 Million for Security Failures

May 30, 2023
Sam Manas
The New York Department of Financial Services said OneMain failed to effectively manage user access privileges, improperly managed security policies for software development and failed to conduct due diligence for certain third-party vendors.
Read More

Short Takes: Slow Progress at States on Nonbank Standards / Home Prices Essentially Flat / Ginnie to Expand MBS Disclosures / Arvest Loses Servicer Rating

May 30, 2023
Brandon Ivey
Minnesota becomes the fifth state to adopt the CSBS's model framework for nonbank prudential standards...
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Correspondent Channel Gains Share Even with Wells’ Exit

May 26, 2023
John Bancroft
Wells reported just $980 million in correspondent production in the first quarter, effectively leaving about $4.5 billion on the table for others.
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Colonial Savings to Cease Offering Mortgages

May 26, 2023
Brandon Ivey
The depository institution started offering mortgages in 1952.
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Ginnie Working to Increase Participation by Smaller Lenders

May 26, 2023
Monica Hogan
Ginnie is expanding a working partnership with the Federal Home Loan Bank of Chicago.
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Chase Sees Plenty to Like in First Republic’s Business

May 26, 2023
James Dohnert
Chase leadership anticipates building strong relationships with the affluent borrowers that First Republic garnered throughout its 38-year existence.
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Short Takes: GSE Ratings on Downgrade Watch / Interest Rates Rise / Non-QM Performance Choppy

May 26, 2023
Brandon Ivey
The ratings of the GSEs are linked to ratings for the U.S., which are also on watch for downgrade amid an approach to breaching the debt ceiling.
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FHA Plans to Expand Loss-Mitigation Options

May 25, 2023
Monica Hogan
FHA's partial claim option isn’t working well enough, according to FHA Commissioner Julia Gordon.
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Higher-Priced Mortgage Volume Ticks Up in 2022

May 25, 2023
James Dohnert
Non-agency higher-priced mortgages are a proxy for subprime loans.
Read More
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Latest Imf News

  • Correspondents Increase Share of Nonconforming Production

  • Two Harbors to Move Forward With Merger Vote

  • Succession Plan for FHA Commissioner Unclear

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More Imf News

Featured Data

  • Ginnie Issuance Down in May as Refis Slump

  • Jumbo Servicing Volume Bumps Higher in 1Q

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  • REITs Boost MBS Holdings, AGNC Rises to Top Investor

More Featured Data

Featured Reports

  • GSE Repurchase Activity: Cumulative Through Fourth Quarter 2025 (PDF Format)

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  • Guide to Mortgage Lending to First-Time Homebuyers

  • IMF HMDA Dashboard: 2025

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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