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New Rulemaking Agenda Suggests a Restrained Role for the CFPB

May 15, 2018
Yemeng Yang
The updated agenda is the CFPB’s first under Mulvaney’s leadership.
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Short Takes: USMI Seconds that GSE Emotion / Don’t Hold Your Breath / Mid America Enters the Warehouse Arena / Fannie Selling NPLs / A Recession Coming? / Freddie Gets a New Chief Compliance Officer

May 15, 2018
Carisa Chappell and Paul Muolo
Barry Habib, who heads MBS Highway, believe that within two years, the U.S. will be in a recession...
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Provident and Stearns Lending Lost Money in 2017: Moody’s

May 15, 2018
Brandon Ivey
Moody’s detailed profitability levels for four large private nonbanks: Freedom Mortgage, Provident Funding Associates, Quicken Loans and Stearns Lending.
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Secondary Market Activity Strong in 2017

May 14, 2018
John Bancroft
Originators also sold $483.13 billion of loans to unaffiliated buyers outside of the agency market…
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GSE Credit Window for Purchase Loans Opened Slightly in 1Q18

May 14, 2018
John Bancroft
In the first quarter, 12.61 percent of purchase loans sold to the GSEs fell into the highest risk category…
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Fannie: Appraisals Still Needed Despite Technological Advances

May 14, 2018
Carisa Chappell
Fannie Mae's Renee Schultz said the decision to offer property inspection waivers is probably the longest running pilot the GSE has ever had…
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Nationstar Discloses SEC Inquiry Regarding MSR Measurements

May 14, 2018
Paul Muolo
The OCA consultation process was initiated in connection with an investigation by the Division of Enforcement that remains ongoing, the nonbank said.
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Phoenix Ready to Auction MSR Flow Package

May 14, 2018
Paul Muolo
Much of the product is projected to come from California, Florida and Texas.
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Lenders Quantify Cost, Impact of CFPB’s ATR Rule

May 14, 2018
Brandon Ivey
Lenders estimated that ATR/QM added $139 per loan to their ongoing origination costs.
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Short Takes: Ditech Ready to Roll Out Jumbo Product? / Who is Samuel Martini and Why Does he Like Ditech? / An Explanation of Legal Risks / What’s $164 Trillion Among Friends?

May 14, 2018
Paul Muolo
Total U.S. debt outstanding is just over $21 trillion. Prior to the financial crisis, U.S. mortgage debt was actually larger than Treasury debt...
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Latest Imf News

  • Rocket Tops Agency Servicers With Mr. Cooper Acquisition

  • MBA Economist Still Sees Interest Rates Staying Above 6.0%

  • Agency MBS Investors Await Details on GSE Purchases

  • Servicing Valuations Cut Into Banks’ Mortgage Earnings in 4Q

More Imf News

Featured Data

  • Correspondents Gain Market Share in Government Lending

  • Solid 4Q Carries 2025 MBS/ABS to $2 Trillion

  • Agency Refi Market Rises to Three-Year High in 2025

  • Largest Sellers See GSE Deliveries Wane in November

More Featured Data

Featured Reports

  • Agency Channel Analysis: 3Q25 (PDF)

  • Mortgage Profitability Report 3Q25 (PDF)

  • Top Mortgage Players: 3Q25 (PDF)

  • Mortgage Servicing Rights Report: 3Q25 (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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