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MBS Issuance Off Like a Rocket, Best Showing Since Late 2012

September 6, 2019
John Bancroft

Most of the increased GSE refi business came from rate-term deals. Delivery of these loans increased 88.6% from July to August…


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Treasury Unleashes GSE Reform Blueprint. Now What?

September 6, 2019
Paul Muolo

The Treasury Department's GSE blueprint was unleashed late Thursday. The big question: How many of the administrative changes will actually be incorporated?


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In an Ultra-Low Rate Environment, Warehouse Lenders Find Themselves Swamped

September 6, 2019
Paul Muolo

Bob Garrett, executive vice president in charge of warehouse finance at First Tennessee Bank, said he’s seen some competitors that are so overwhelmed with demand they’re turning away business.


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Short Takes: GSE Base Pay Ruminations / Bonus Money / Syracuse Securities Calls the Mortgage Business ‘Unforgiving’ / An MSR Milestone for TruStone / True GSE Reform: In Congress’ Court

September 5, 2019
Dennis Hollier and Paul Muolo

Syracuse Securities calls the mortgage business "unforgiving and highly competitive." That sounds about right...


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Ditech’s Investment Banker, a Candidate for GSE Advisory Work?

September 5, 2019
Paul Muolo

Currently, one of Houlihan Lokey's biggest mortgage-related assignments involves the liquidation of assets belonging to megaservicer Ditech Financial, which is operating under bankruptcy protection...


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Comments Pouring In: What to Do About the QM Patch?

September 5, 2019
Brandon Ivey

The HFPC said mortgage rates reflect credit risk more holistically than DTI ratios…


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Big Questions Regarding Treasury’s GSE Plan: When Does the Sweep End? The 79.9% Stake?

September 4, 2019
Paul Muolo

One former Freddie Mac executive told IMFnews: “But the really big question is what Treasury plans to do with its 79.9% ownership stake.”


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Wells Continues its Steady Issuance of Jumbo MBS

September 4, 2019
Brandon Ivey

The jumbo MBS will be the third of the year from the bank. Wells is also the nation's largest home lender and servicer...


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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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Latest Imf News

  • Servicing Portfolios Decline at Rocket, Chase in 3Q

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  • Ending GSE Conservatorship by 2028 Looks Unlikely

  • Consumer Advocates Seek Stronger Regulation of HEIs

More Imf News

Featured Data

  • Top Ginnie Servicers Increase Portfolios in Third Quarter

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  • Originations Tumble 16% in Third Quarter

More Featured Data

Featured Reports

  • Mortgage Profitability Report 2Q26 (PDF)

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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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