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Short Takes: Castle & Cooke? / The Fannie Mae Connection / Frater, a Good Choice to Head Fannie / LendingHome Surpasses the $3B Mark in FnF Production / NDA Hires Clayton Executive

October 9, 2018
Paul Muolo
Fix-and-flip lender LendingHome, San Francisco, has surpassed the $3 billion market in originations...
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One-Month Bank Statement Mortgages Questioned

October 8, 2018
Brandon Ivey
A handful of lenders offer one-month bank statement programs…
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Mortgage Brokerage Firms Slash Jobs. More Carnage to Come?

October 8, 2018
Paul Muolo
With originations expected to fall, lenders of all different stripes are carefully examining their staffing needs…
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Senate Banking Committee Hearing Likely to Touch on Freddie Mac MSR-Financing Pilot

October 8, 2018
Paul Muolo
In his report, KBW analyst Bose George said, “While Mel Watt, director of the FHFA, was questioned about some of these issues in past congressional hearings, this will be the first hearing to focus exclusively on this topic.”
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Ginnie MBS Production Down 11 Percent Through Sept. 30

October 8, 2018
John Bancroft
Issuers pooled $19.63 billion of FHA and VA refi loans during the third quarter, down 11.6 percent from the previous period…
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Short Takes: Waiting on a Client / Layoffs at Eli Global? / Bonuses: Based on Volume or Profits? / New Penn Rolls Out New Non-QM Loan / NewDay Hires a Former Governor

October 8, 2018
Paul Muolo and Brandon Ivey
One source familiar with Eli Global’s mortgage operations said layoffs have occurred at the company’s mortgage unit...
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Fannie Names Former Berkshire Hathaway Executive Hugh Frater Interim CEO

October 8, 2018
Paul Muolo
Frater was also executive vice president at PNC Financial Services...
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Expanded-Credit MBS Issuance Up in 3Q, Prime Non-Agency Down

October 5, 2018
Brandon Ivey
Issuance trends for non-agency mortgage-backed securities stocked with newly-originated mortgages were mixed in the third quarter....
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Senate Hearing Scheduled to Focus on GSE Pilot Programs Oversight

October 5, 2018
Carisa Chappell
It appears that the Senate is ready to tackle industry complaints about Fannie Mae and Freddie Mac pilot programs. The Senate Banking Housing and Urban Affairs Committee announced this week that they will hold a hearing on Oct. 18 to discuss the oversight of pilot programs at the government-sponsored enterprises. …
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Short Takes: FHFA Seeks Input on DTS Modifications/More Millennials Are Mortgage Ready/Fannie's Latest CIRT

October 5, 2018
Carisa Chappell
 This week the Federal Housing Finance Agency asked for input on Fannie Mae and Freddie Mac’s proposed Duty to Serve Plan modification for 2018-2020. Fannie’s proposal includes modifying actions to reflect revised rural investment targets based on enhanced market insight and experience since re-entering the low-income housing tax credit (LIHTC) equity market. Fannie also proposes making low income housing tax credit equity investments in 20 properties in 2018, 30 properties in 2019 and 30 properties in…
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Latest Imf News

  • Subservicing Volume Down at Rocket, Cenlar in 2Q

  • Freddie Mac’s Mortgage Investment Portfolio Declines in August

  • MBS Investors Adjusting to New Score Disclosures From GSEs

  • loanDepot Selling Scratch-and-Dent Loans in Non-Agency MBS

More Imf News

Featured Data

  • Ginnie MBS Issuance Down in August as Refi Slide Continues

  • Banks Resume Adding to Mortgage Holdings in Second Quarter

  • Banks Continue to Add to Their ABS Portfolios

  • Jumbo Share of Originations Highest Since 2022

More Featured Data

Featured Reports

  • Mortgage Servicing Rights Report: 2Q26 (PDF)

  • Agency Seller-Issuer Profile: 2Q26 (PDF)

  • Mortgage Profitability Report 2Q26 (PDF)

  • IMF HMDA Dashboard: 2025

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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