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Servicers Face Forbearance Criticism from Democrats, Consumer Advocates

July 16, 2020
Brandon Ivey

Democrats and consumer advocates suggest that some servicers aren't following forbearance requirements established by the CARES Act.


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UWM Tops in Jumbo Sellers, According to HMDA

July 15, 2020
Brandon Ivey

United Wholesale sold $5.74 billion of jumbos to unaffiliated non-agency buyers in 2019.


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FHA Rulemaking Focuses on Reducing Costs, Modernization

July 15, 2020
Maria Volkova

In order to lower servicing costs, FHA proposed limiting required mortgagee curtailment of interest to the length of the mortgagee’s delay...


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Mortgage Applications Continue to Head in the Right Direction

July 15, 2020
Paul Muolo

Overall, refinances accounted for 64.2% of new business compared to a reading of 60.1% the week before. The trade group’s purchase index decreased 6.0%


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Feds Will Investigate Secondary Mortgage Market. JPM’s Dimon Says Rates Should be Lower

July 15, 2020

JPMorgan's Jamie Dimon welcomed the FSOC news, saying during a Q&A session, “We’ve been very consistent that mortgages, believe it or not, are more – far more costly than they should be. Normally, you’d be looking at – if you looked at the 10-year [Treasury] rate which is what, 60 basis points, the mortgage take should be 1.6% or 1.8% instead of 3.3%.”

 


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Another New Record for Ginnie MBS Issuance

July 14, 2020
John Bancroft

The venerable agency MBS platform set production records in both the third and fourth quarters of 2019, caught its breath in early 2020, and then rose 12.7% to a new high in the April-June cycle.


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The COVID Quarter: 2Q Originations Up at Wells, Down at JPM

July 14, 2020
Paul Muolo

Wells posted a 204 basis point held-for-sale production margin, up an impressive 96 bps from 1Q20...


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Annaly Preps Expanded-Credit MBS with Slightly Seasoned Loans

July 14, 2020
Brandon Ivey

Nearly 8% of mortgages in the MBS are in forbearance, though all of the borrowers are current on their payments.


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A Noticeable Drop in Ginnie Forbearance but ‘Buyouts’ Affect the Equation

July 13, 2020
Paul Muolo

The Fannie Mae/Freddie Mac measurement came in at 6.07%, down 11 bps, the fifth consecutive decline.


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Genworth Weighs its Options as Acquisition Twists in the Wind

July 13, 2020
Namrata Bhatia

An open question mark, the proposed Genworth-Oceanwide merger was first announced in 2016...


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Latest Imf News

  • Refis Drive Up Originations in Fourth Quarter

  • Pennymac’s Earnings Decline in 4Q With Competition for Refis

  • State Regulators Oppose OCC’s Proposal on Preemption

  • FHFA Adjusts Cap on GSEs’ Investment Portfolios

More Imf News

Featured Data

  • Ginnie Refi Issuance in 4Q Surges Closer to Pandemic Levels

  • Non-Agency MBS Issuance Jumps 61% in 2025

  • ABS Issuance Hits Record in 2025 Despite Late Decline

  • Private MI Business Stronger Than FHA in 4Q

More Featured Data

Featured Reports

  • IMF HMDA Dashboard: 2024

  • Top Mortgage Players: 3Q25 (PDF)

  • Lender Profiles 3Q25: Top 25 (PDF subscription)

  • Agency Channel Analysis: 3Q25 (PDF)

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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