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White House Contemplating Calabria for FHFA Job. If it Happens, Big or Gradual Changes in the Wings?

November 21, 2018
The Trump administration is reportedly eyeing Mark Calabria, who now serves as chief economist for Vice President Mike Pence, as the next director of the Federal Housing Finance Agency, a five-year post that holds tremendous power over the government-sponsored enterprises.
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Feds Propose Increasing Residential Appraisal Exemption Threshold to $400,000 for Banks

November 20, 2018
Brandon Ivey
The appraisal exemption proposal needs final approval from the CFPB...
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FHFA Trying to Find a Capital Balance That Can Handle Market Cycles

November 20, 2018
John Bancroft
In its comment letter to the FHFA, Fannie Mae suggests the rule should use original credit scores and LTV ratios, rather than mark-to-market values…
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Facing a Cloudy Future, Impac Bets the House on Non-QM Lending

November 20, 2018
Paul Muolo
Impac CEO George Mangiaracina: “I don’t believe we’ve seen capitulation yet with respect to other originators.”
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Short Takes: Angel Oak is Hiring / Carrington Launches Correspondent Division / Applications Decline / 2 Non-QM MBS with Loans from Impac / MIAC Offers Whole Loans for Auction / A Short Publishing Break

November 20, 2018
Brandon Ivey and Paul Muolo
Carrington Mortgage this week announced the launch of its correspondent lending division.
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Largest Holders of MSRs Leave the Asset Values Unchanged

November 20, 2018
Paul Muolo
The largest gain among the 14 companies was 3.6 percent, the largest decline -5.6 percent.
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Cash-Out Refi Investment-Property Mortgages Collateral for New MBS

November 20, 2018
Brandon Ivey
Visio originates through the retail channel but also uses loan brokers…
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Short Takes: A New 52-Week Low for Ocwen / John Britti’s Stock Awards / The Dow Swoons, Rates Fall / Freddie’s ACIS Deal / Ed Pinto Weighs in on GSE Capital / Merry Christmas, Buy a House (The Day After) / UWM Still #1 in Wholesale

November 20, 2018
Paul Muolo
Ed Pinto wants a 4.0 percent capital ratio for Fannie Mae and Freddie Mac...
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Correspondent Platforms Gained Market Share in 3Q18

November 20, 2018
John Bancroft
Wells Fargo remained the top producer of correspondent-originated loans with $26.64 billion in third-quarter volume and a 20.2 percent share of the market…
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Meetings Scheduled for January as Nonbanks Ponder Impact of Ginnie ‘Liquidity Letter’

November 19, 2018
Paul Muolo
Nonbanks need to come up with a contingency plan if warehouse lines of credit and other forms of financing are not renewed or are reduced.
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Latest Imf News

  • Fed to Propose Capital Changes for Banks, Mortgages

  • Prime Non-Agency MBS Issuance Increases Nearly 40% in 2025

  • Rithm’s Commercial Loan REIT Eyes Lender Acquisition

  • FHA Loss-Mit Waterfall Change Drives Up Delinquencies

More Imf News

Featured Data

  • FHA Delinquencies Rise to Pandemic Levels

  • Expanded-Credit MBS Issuance Slows in 4Q

  • New Nonbank Servicing Giant Emerges in Fourth Quarter

  • January Ushers In New Year With Modest Gain in MBS

More Featured Data

Featured Reports

  • Mortgage Servicing Rights Report: 3Q25 (PDF)

  • IMF Mortgage Directory: Full interactive database

  • Agency Seller-Issuer Profile: 3Q25 (PDF)

  • IMF HMDA Dashboard: 2024

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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