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Freddie Mac CRT Plows Ahead, Fannie Remains on the Bench

May 14, 2021
John Bancroft

Fannie Mae continues to take a dim view of the capital relief it gets for CRT activities under the enterprise regulatory capital framework...


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GOS Margins Slip Across the Board. And Then There’s Guild

May 14, 2021
Paul Muolo

Sometimes, big isn't always better...


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A 1Q21 Profit for Finance of America, but Lower Margins...

May 14, 2021
Brandon Ivey

While the bulk of FoA’s income comes from forward mortgages, the firm also originated $769 million of reverse loans in the first quarter...


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Fannie Mae CFO Joins the GSE Exodus

May 13, 2021
Dennis Hollier

Brown’s departure suggests that Fannie, at least, has yet to staunch the bleeding...


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Genworth Postpones MI IPO, Citing Market Valuation

May 13, 2021
Dennis Hollier

At press time, Genworth's share price was down slightly to $3.83. Its 52-week high is $4.76, its low $1.87...


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PMIs Post Strong Earnings but NIW Declines in 1Q21

May 12, 2021
John Bancroft

Private MIs reported a 19.6% drop in purchase-mortgage business during the first quarter, which still accounted for 64.8% of their new insurance written for the period.


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Politics Behind Delay of QM Standards?

May 12, 2021
Brandon Ivey

At issue: the new QM standards were drafted when the CFPB was under the leadership of Republican Kathleen Kraninger, who was appointed during the Trump administration.


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GSE MSRs Slated for Sale by Prestwick and MCT

May 12, 2021
Paul Muolo

The seller of the MSRs is an independent mortgage banker... 


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Guaranteed Rate Leads Jumbo Correspondent Sellers in 2020 (By Far)

May 12, 2021
Brandon Ivey

The main buyers of jumbos? Answer: commercial banks, accounting for 54.6% of purchases from unaffiliated sellers...


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PennyMac Taps Structured Finance Vehicle to Lever MSRs

May 12, 2021

As one company official explained, “This gets us off the bank balance sheet.”


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Latest Imf News

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Featured Data

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