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Senate Lawmakers Consider Proposal to Increase VA Home Loan Fees

August 2, 2018
George Brooks
It's unclear whether the proposed increase in VA home loan fees would be used to fund an expected increase in veteran health-care costs…
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Short Takes: Roll Up Those GSE Wheelbarrows Full of Cash / Kraninger and Bright Will Have to Wait / Mulvaney and the GSEs? / Rep. Waters has Fintech Worries / Better Mortgage, Better Volumes

August 2, 2018
Paul Muolo and Yemeng Yang
Rep. Maxine Waters, D-CA, is none too thrilled with plans by the Treasury Department and Comptroller of the Currency to open up federal banking charters to fintech firms.
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OCC Tells Fintech Firms It’s Open for Business, Send In Your Charter Apps…

August 1, 2018
Paul Muolo
There are dozens of residential lenders that use the phrase “fintech” to describe their activities, but whether they will file to become a depository is a different matter.
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The Poor Performance of the Fairholme Fund? Blame Fannie and Freddie

August 1, 2018
Paul Muolo
Fairholme: “Fund performance was disappointing in the first half mostly due to the decline in the preferred shares of Fannie Mae and Freddie Mac…”
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Treasury Likes Fintech but CSBS Has Major Concerns on Handing Out Charters

August 1, 2018
Yemeng Yang
The report makes more than 80 recommendations related to fintech and nonbank financial policy.
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New Report: Over Half of Flawed FHA Loans Were Cured

August 1, 2018
George Brooks
Roughly 59.8 percent of the reviewed loans were initially deemed unacceptable.
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Lenders Divided on Potential for Non-QMs. Demand Exceeds Supply?

August 1, 2018
Brandon Ivey
SG’s Justin Mahoney estimated that lenders participating in the panel were backed by $10 billion of capital aimed at expanded-credit products…
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Short Takes: Treasury Department Makes Recommendations on the FCA / A Strong Showing by Arch MI / Synergy One Looks to Add Loan Officers / Under a GOP FHFA Director, the Conservatorships Will End / Churchill Mortgage Names Regional Managers

August 1, 2018
George Brooks and Paul Muolo
A prediction: “Watch for an end to the GSE conservatorships under a Republican Director at the FHFA...
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Another Strong Profit for Freddie Mac: $2.4 Billion; A $1.6 B Dividend Payment is Expected

July 31, 2018
Paul Muolo
CEO Don Layton: "...we are generating a consistent stream of new innovations for our customers."
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The Key to the (Prime) Non-Agency MBS Market: Commercial Banks

July 31, 2018
Brandon Ivey
The participation of banks other than Chase and First Republic marks a significant shift in the prime non-agency MBS market.
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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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