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Short Takes: When In Doubt, Go With the Third-Party Valuation / When IOs Suffer in Value / After the Refi Boom is Gone / Don’t Forget About Ginnie / GR Hires New VP

September 3, 2019
Paul Muolo

The big question: What happens when this refi boom ends? Is it too early to ask?


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IO HECM Bonds at Center of Massive FHA Fraud Indictment

September 3, 2019
Paul Muolo

Charges also were filed against former Live Well executives Eric Rohr and Darren Stumberger who entered a guilty plea in the case late last week and are now cooperating with investigators.


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Expanded-Credit Lending Strong in 2Q19 but Trailed the Overall Market in Growth

September 3, 2019
Brandon Ivey

In the first half of 2019, Angel Oak was the top-ranked expanded-credit lender, with production of $1.25 billion…


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Short Takes: Waiting for Godot (and Treasury’s GSE Plan) / Underwhelming? / New Capital Requirements? When? / The Ups and Downs of Non-QM MBS Issuance

August 30, 2019
Paul Muolo and Brandon Ivey

Here’s what won’t be in the Treasury plan: The new Fannie/Freddie capital requirements, a document the Federal Housing Finance Agency is working on…


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Another Month and More Mortgage Laws for New York

August 30, 2019
Yemeng Yang

The legislation is aimed at ensuring homeowners do not lose time getting the modification approved when the loan is sold or transferred...


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FHFA Orders Base Pay Caps at Fannie and Freddie. Meaning?

August 30, 2019
Paul Muolo

Some industry observers wondered about the timing of the disclosures, given the imminent release of the Treasury Department’s GSE reform plan. One former Fannie executive told IMFnews: “There will be big shakeups at Fannie and Freddie if they cap all in comp at $600,000.”


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Redwood Seeks MBS Reforms Along with Changes to QM Standards

August 30, 2019
Brandon Ivey

Redwood suggested changing the flat 5% risk-retention requirement on MBS with non-QMs to a standard based on the asset-level of loans in a deal.


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Short Takes: The Underbelly of Ultra Low Rates / Ditech Reorg Plan Hits a Snag / Eventually … / Borrowing Against the MSR Asset / Waterstone Names a New CEO

August 29, 2019
Paul Muolo

According to a new report from DBRS, more owners of servicing rights are opting to issue debt backed by their MSR portfolios.


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REIT Casts Its Net Even Wider, Buys Another Vendor

August 29, 2019
Brandon Ivey

Other lenders have gone the ancillary route as well, including Mr. Cooper and Ocwen Financial.


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Tappable Equity Reached a Record High of $6.3T in 2Q19

August 29, 2019
Yemeng Yang

Tappable equity reached an all-time high of $6.3 trillion in the second quarter of this year, according to Black Knight.


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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?

View Results
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