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MGIC and NMI Restrict Loans with DTIs North of 45 Percent

January 29, 2018
George Brooks
MGIC said the origination of such loans accelerated last summer when Fannie Mae eased guidelines on loans with 45 percent and above DTI.
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New Milken Institute Report: The ‘Protected’ GSE Duopoly Must End

January 29, 2018
Paul Muolo
The authors note that 90 percent of Fannie/Freddie MBS trading occurs in the TBA forward market.
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Short Takes: Women Mortgage Bankers Weigh In on Sexual Harassment / How the Survey was Conducted / Part of a Broader Conversation / A Whopper of an MF Loan Using Fannie Mae’s Money / NAR to FHFA: Reduce G-Fees Now / Mortgage Tech Vendor Gets New President

January 29, 2018
Paul Muolo
In total, 13.5 percent of the 2,000 women who were sent the survey responded.
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A Record Year for Commercial Mortgage Securitization In 2017, Freddie Reports Gigantic Fourth Quarter Volume

January 26, 2018
A record year in agency multifamily MBS issuance pushed the overall commercial mortgage securitization market to an all-time high in 2017, according to a new analysis by Inside MBS & ABS.
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Record Year for Commercial MBS, Freddie Mac a Standout

January 26, 2018
John Bancroft
Remarkably, Freddie Mac knocked out roughly $34.60 billion in multifamily MBS – over half of its total for the year – during the fourth quarter...
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Department of Justice Issues Subpoena to Lennar’s Mortgage Affiliate

January 26, 2018
Paul Muolo
Lennar said the mortgages funded by its affiliate were “originated and sold in prior years.”
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Are Mortgage Bankers Eligible for New Tax Deduction?

January 26, 2018
Brandon Ivey
The provisions would seem to eliminate income from mortgage banking from receiving the full benefits of the deduction.
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PE Firms and REITs Show Interest in Financing Mortgage Servicing Rights

January 26, 2018
Brandon Ivey
The law firm helped a number of companies structure MSR financing transactions last year.
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What We’re Hearing: When the GSE Status Quo Ends / Burn This / Peter Wallison for FHFA Director? / Painful Memories at MGIC (The First Cut is the Deepest) / A Spot Check on Mortgage Applications / A Promotion at WFG National Title

January 26, 2018
Paul Muolo
As for the FHFA position, several trade group chiefs fear that once Watt departs, the FHFA will be put in the hands of a Mick Mulvaney-type...
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Home Lending Tapered Off in 4Q17, but Full Year Better Than Expected

January 25, 2018
John Bancroft
Residential lenders funded $1.810 trillion of home mortgages in 2017, beating expectations…
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Latest Imf News

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Featured Data

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Featured Reports

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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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