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MBA Cautiously Optimistic Annual Convention Will Be Held in Chicago

May 29, 2020
Yemeng Yang

Conferences, exhibit halls and the sponsorships that go along with them are an important source of revenue for many trade groups...


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Mr. Cooper Discloses a Whopping 300 BP GOS for 2Q20

May 28, 2020
Paul Muolo

Industry consultant Paul Hindman called the profit margin news from Mr. Cooper "phenomenal."


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Fannie Secures Front-End CIRT on $40 Billion in SF Loans

May 28, 2020
Dennis Hollier

Fannie said 20 companies participated in the CIRT transaction...


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New GSE Capital Rule Too Conservative for Investors?

May 28, 2020

Among the critics of the newly issued capital framework: Don Layton, Freddie Mac's former CEO...


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Jumbo Mortgage Market Took It On the Chin in 1Q20

May 28, 2020
John Bancroft

Wells Fargo led the jumbo pack in 1Q20 but its volume fell 23.1% on a sequential basis...


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Short Takes: Waiting on FHA’s Forbearance Policy / Getting It Right / Refi Applications Drop / Purchase Apps Spike in New York / Exec Leaves MUFG for Greystone

May 27, 2020
Paul Muolo

Fun fact: Refi applications are up 176% from last year.


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Trouble Ahead? Buybacks of Fannie/Freddie Loans Spurt Higher in 1Q20

May 27, 2020
John Bancroft

The pipeline of unresolved buyback claims also grew during the first three months of the year, although repurchase activity in general remains at subatomic levels.


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Despite Pandemic, Warehouse Commitments Keep Rising (To a New Record)

May 27, 2020
Paul Muolo

Compared to the same period a year ago, warehouse lines of credit to nonbanks increased by a mouthwatering 41.9%.


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Pandemic-Related Forbearance Keeps Rising, Ginnie Mae Rate at 12%

May 27, 2020
Paul Muolo

When measured against outstanding first liens calculated by Inside Mortgage Finance – $11.168 trillion – that means $933.6 billion of residential loans have been impaired (to some degree) by the pandemic.


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MBA Pushing Fed to Ensure Nonbank Lenders Can Access Funding Program

May 27, 2020
Brandon Ivey

MBA is seeking assurances that nonbank lenders can access the Fed’s Main Street Loan Program.


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Latest Imf News

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Featured Data

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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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