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When in Doubt, Go Long: Fannie’s Debt Offerings

October 28, 2020
Dennis Hollier

At the same time, Fannie’s issuance of short-term debt nosedived, as the government-controlled mortgage giant took advantage of low interest rates...


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MFA Returns to the Market with its Second Non-QM MBS

October 28, 2020
Brandon Ivey

Loans in the $570.2 million MBS were originated by Citadel Servicing Corp. and have seasoned for an average of 20 months.


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Washington Federal (Again) Fined for HMDA Reporting Errors

October 28, 2020
Yemeng Yang

Washington Federal has not yet been released from a 2013 consent order with the CFPB for violating HMDA and Regulation C.


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Banks Report 3Q20 Surge in Mortgage Income

October 28, 2020
John Bancroft

The second and third quarters rank among the most profitable for the sector, though merger activity and changing mortgage strategies can make comparisons to prior periods tricky...


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Amid the Pandemic, Consumer Complaints Reach an All-Time High

October 27, 2020
Yemeng Yang

The top three in the complaint category: Experian, Transunion and Equifax...


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Underwriter Shortage Gets Serious as ‘Raids’ Heat Up

October 27, 2020
Paul Muolo

Fearful your best underwriters might get poached? You're not alone...


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Latest Lenders to Re-enter the Non-QM Space: First Guaranty, New Rez

October 27, 2020
Brandon Ivey

First Guaranty Mortgage Corp. restarted its Maverick non-QM program and New Residential Investment plans to resume non-QM lending shortly.


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Forbearance Reading Declines but Trouble Remains for Ginnie, PLS

October 26, 2020
Paul Muolo

On Friday, Black Knight Financial released its forbearance tally, saying cases declined by 11,000 units for the seven-day period, ending October 20. Roughly, three million mortgagors remain in active COVID-related relief programs, the analytics firm noted.


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SCOTUS Receives Last Major Brief in the (GSE) Collins Case

October 26, 2020
Dennis Hollier

Nielson’s friend of the court filing is tightly reasoned and well organized. However...


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Standing in the Way of Huge GSE Earnings for 3Q: Not Much

October 26, 2020
Paul Muolo

“While 2003 was a bigger overall mortgage year than 2020 will be, the GSE portion of the market is larger and will likely push this into the biggest year for Fannie and Freddie ever,” said Dave Stevens, the former FHA commissioner.


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Latest Imf News

  • Purchase Mortgages Drive Up Ginnie Issuance in Second Quarter

  • Rate-Lock Volume Increases in June

  • 400 Capital Management Sees Promise in Bank CRT Offerings

  • Redwood Starts Slow With eNotes

More Imf News

Featured Data

  • Fitch Retains Lead in ABS Ratings, Moves Up in MBS

  • Nonbank Tops Home Equity Lenders for First Time

  • Guild, Movement Gain HECM Market Share

  • Correspondents Up Share of Nonconforming Production

More Featured Data

Featured Reports

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Mortgage Servicing Rights Report: 1Q26 (PDF)

  • Top Mortgage Players: 1Q26 (PDF)

  • Mortgage Profitability Report 1Q26 (PDF)

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?

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