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Mortgage Market Mayhem: In Sunday Afternoon Move, Fed Cuts Rates to Near Zero

March 15, 2020
Paul Muolo

The biggest risk for the purchase-mortgage market: an unemployment rate that could shoot into the stratosphere.


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Home-Equity Lending Sagged a Bit in Fourth Quarter

March 13, 2020
John Bancroft

In terms of new HELOC commitments, Bank of America, Wells Fargo and Citizens Bank ranked first, second and third, respectively in 2019...


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Coronavirus-Related Turmoil Slows Non-Agency MBS and ABS Issuance

March 13, 2020
Brandon Ivey

Investors and issuers alike are suffering from a case of interest rate whiplash. 


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A Quarterly Loss for Impac. Despite Non-QM Desires, Firms Focusing on Agency Refis

March 13, 2020
Brandon Ivey

Straight talk from Impac CEO George Mangiaracina: “These are extraordinary times with unprecedented interest rate shocks and global market dislocation so any enthusiasm for future prospects should be properly balanced and tempered by potential supply and distribution constraints..."


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CFPB Sues Fifth Third for Opening Fake Accounts

March 13, 2020
Yemeng Yang

The CFPB sued Fifth Third Bank for opening unauthorized accounts, but the bank is fighting back.


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Coronavirus Mayhem: Can LOs Work From Home?

March 12, 2020
Yemeng Yang

Most state laws require loan originators to conduct mortgage activities at a licensed location...


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GSE ‘Noncore’ Business Actually Increased in 2019

March 11, 2020
Brandon Ivey

It would appear that Calabria, who took charge a little over a year ago, hasn’t made much progress in the matter.


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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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Latest Imf News

  • FHA, VA Drive Up Primary MI Volume in Second Quarter

  • Originations Decline at U.S. Bank in Second Quarter

  • Vought Urges Congress to Further Reform CFPB

  • M&T Adds Subservicing for Bayview

More Imf News

Featured Data

  • Lenders Put an Emphasis on FHA, VA Loans in 2Q

  • GSE Buybacks Slow in 1Q, Freddie’s Pipeline Up

  • Originations Decline Across All Channels in 1Q

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

More Featured Data

Featured Reports

  • 2026 Mortgage Market Statistical Annual (PDF)

  • GSE Repurchase Activity: Cumulative Through Fourth Quarter 2025 (PDF Format)

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Mortgage Servicing Rights 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?

View Results
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