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Chase Helping to Boost Second-Lien Securitization

June 28, 2023
Paul Muolo
Issuance of securitizations with second liens in 2023 has already surpassed the volume seen in all of 2022.
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First-Time Homebuyers Facing Challenges

June 28, 2023
Monica Hogan
A household would need an annual income of $117,000 to afford a median-priced home, 20% more than a year earlier.
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Short Takes: Applications Up Slightly / New Non-QMs at UWM / Chase Expands Grant Offering / TX Bank to Resume Lending / Angel Oak REIT’s MBS

June 28, 2023
Brandon Ivey
Purchase mortgage application levels are still well below the activity seen at this time last year.
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Mortgage Securitization Rate Continues Slide

June 27, 2023
John Bancroft
As originations decline, the securitization rate shrinks.
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CFPB, Payment Provider Settle Over Erroneous Mortgage Payments

June 27, 2023
Sam Manas
The CFPB settled with ACI Worldwide and subsidiary ACI Payments over 1.4 million illegal mortgage payment withdrawals.
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Supreme Court Turns Down GSE Shareholder Case

June 27, 2023
Dennis Hollier
GSE shareholders tried to make the case that Ed DeMarco, the acting director of the Federal Housing Finance Agency at the time of the net worth sweep, was an extra-constitutional director because his three-year acting directorship lasted too long.
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Lenders Critical of Proposal on NMLS Reporting Requirements

June 27, 2023
Sam Manas
The proposed standards would create uniform requirements for mortgage companies licensed through the NMLS.
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Short Takes: Home Prices Tick Up / FHA to Require SCIF / Broeksmit on Warehouse Lenders / Capital Requirements

June 27, 2023
Brandon Ivey
Home prices increased again on a monthly basis in April.
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Maxex Raises Capital as Market Volatility Persists

June 26, 2023
James Dohnert
Maxex has a network of 350 bank and nonbank originators...
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Banks Lose More Market Share in First Quarter

June 23, 2023
John Bancroft
The nonbank share of mortgage originations is moving closer to where it was during the pandemic refi boom.
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Latest Imf News

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Featured Data

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  • Rocket, Cenlar Subservicing Portfolios Decline

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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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