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Coronavirus Concerns? Non-Agency Issuers Moving Ahead with Deals

March 11, 2020
Brandon Ivey

As interest rates decline significantly, there's a risk that investor demand will fade...


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HECM Production Took it on the Chin in 2019, Falling 18%

March 11, 2020
George Brooks

Reverse-mortgage lenders have been struggling since FHA tweaked a policy that reduced the amount borrowers can draw from their home equity.


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The Coronavirus Effect: Applications Soar 55%, MBA Hikes its Refi Forecast by 85%

March 11, 2020

Interestingly, mortgage rates actually increased on Monday and Tuesday, some loan officers reported. As New Jersey loan broker Brian Benjamin put it: "Every day is a roller coaster."


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Self-Governance for the Non-Agency MBS Sector?

March 10, 2020
Brandon Ivey

The big challenge: How, exactly, the non-agency MBS sector might establish self-governance…


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A-Paper Mortgage M&A: Slow, Slow and Slowing

March 10, 2020
Paul Muolo

Chuck Klein of Mortgage Banking Solutions: “I don’t see much interest in selling. Buyers aren’t willing to pay a premium.”


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Ginnie MBS Issuance Hit a Seasonal Skid in February

March 10, 2020
John Bancroft

The top 10 Ginnie Mae issuers in February were all nonbanks, with PennyMac and Freedom Mortgage ranking first and second, respectively…


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Stocks Plunge, Treasury Yields Plunge, Pipelines Swell?

March 9, 2020
Paul Muolo

The the spike in refi activity has “meaningfully” increased the pricing power for originators, said KBW. The research firm said gain-on-sale margins from secondary market loan sales should be exceptionally strong.


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Industry Groups Fight Proposed Increase in G-Fees

March 9, 2020
Dennis Hollier

The Trump administration has not only proposed extending the existing g-fee surcharge, but recommends doubling it. Not to be outdone, both Democratic presidential candidates, former Vice-President Joe Biden and Sen. Bernie Sanders, D-VT, also support raising g-fees.


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DOJ Investigating Sterling Bank Following Problems with Non-QM Lending

March 9, 2020
Brandon Ivey

Sterling said that in connection with the review, a significant number of employees have either been terminated or resigned, including a senior vice president...


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Short Takes: Panic Sets In, Rumors Spread / Living at the Office / Be Nice to Your Processors and Underwriters / MBA Cancels Tech Show, Citing Coronavirus Concerns / A Word From Quicken’s Jay Farner

March 6, 2020
Paul Muolo

Mortgage loan officers should take one last look at their loved ones because if the 30-year fixed-rate vanilla mortgage falls below 3.0% they’ll be living at the office as new customers pour through the door (or Internet) like a zombie apocalypse…


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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

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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