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Finally, Agency MBS Issuance Heads North After a Weak 1Q18

May 3, 2018
John Bancroft
Freddie Mac had the biggest monthly increase at 22.9 percent…
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Price War on GSE Guarantee Fees Ended in Early 2018 in Response to FHFA Directive…

May 3, 2018
John Bancroft and Carisa Chappell
Freddie CEO Donald Layton told Inside MBS & ABS that implementation of the FHFA directive “has largely been complete.”
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Nonbanks Continue Their Gains in the Servicing Market; Top Tier Loses Ground

May 3, 2018
John Bancroft
Compared to March 2017, the combined nonbank servicing business was up 14.7 percent, while banks in the top 50 saw a 2.4 percent decline from a year ago.
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Fannie Mae Has a Blowout 1Q18, Will Make a $938M Dividend Payment to Treasury

May 3, 2018
Carisa Chappell and Paul Muolo
Come June, Fannie Mae will cut a new dividend check to Uncle Sam...
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Short Takes: What’s in a Name? / First, We Change the Name in the AP Style Book / CRL Wants FHA Changes / Fannie Tech Official Departs for Vendor

May 2, 2018
Paul Muolo and Yemeng Yang
CFPB Acting Director Mick Mulvaney: “I don’t know why we call it the CFPB; that is not the name of the organization..."
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Net Income of $8.3M for Great Ajax, REIT Looks to Acquire More RPLs

May 2, 2018
Brandon Ivey
Great Ajax’s forte is buying re-performing mortgages…
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Ocwen Posts a (Small) Profit, but Revenues Keep Heading South

May 2, 2018
Paul Muolo
Ocwen has tried to mend its ways, noting in the new report: “We have now resolved all of the state cease and desist orders (but not all of the legal actions) taken against us….”
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GSE-Eligible Loans in Non-Agency MBS Seen as More Risky…

May 2, 2018
Brandon Ivey
Due to temporary standards established by the CFPB, mortgages eligible for sale to the GSEs are treated as qualified mortgages even if they have higher debt-to-income ratios that would otherwise make them non-QMs…
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Impac’s Two $6M Men Got Their Pay Slashed in 2017

May 2, 2018
Paul Muolo
Impac has yet to disclose when it might release first quarter results.
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Freddie Posts Strong 1Q18 Profit Thanks to G-Fee Income, Gains from Derivatives (and No More DTA Hits)

May 1, 2018
Paul Muolo
In the first quarter of 2018, Freddie issued $63.9 billion of single-family MBS, a 37.2 percent sequential drop...
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Latest Imf News

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Featured Data

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