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Non-Agency MBS (Backed by New Production) Hits Another Quarterly Record

July 16, 2018
Brandon Ivey
Prime jumbo mortgages continue to account for the majority of non-agency MBS issuance…
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Short Takes: Administrative Reform of the GSEs / Opinion on Government Guarantee / VA Lenders Could Close Over ‘Orphan’ Mess / End of LIBOR a ‘Certainty’

July 13, 2018
Brandon Ivey
If Congress is unable to pass housing finance reform, Steven Mnuchin, secretary of the Treasury Department, said on Thursday that the Treasury will “look at administrative options.”
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Mnuchin Hoping for Congress to Complete Bipartisan Housing Finance Reform in Next Term

July 13, 2018
Brandon Ivey
Congress should complete bipartisan housing finance reform during the two year term that begins in January, according to Treasury Secretary Steve Mnuchin...
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Latest Expanded-Prime MBS from Redwood Somewhat Smaller than Previous Deals

July 13, 2018
Brandon Ivey
Sequoia Mortgage Trust 2018-CH3 will be a $416.96 million issuance, according to a presale report by Kroll Bond Rating Agency.
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Mixed Trends for Residential MBS Issuance Halfway Through 2018

July 13, 2018
John Bancroft
Some $315.95 billion of single-family MBS was issued in the second quarter, up 8.2 percent from the previous quarter, according to Inside MBS & ABS.
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Wells’ Mortgage Originations Down in 2Q, Bank Set to Include Some Jumbos in Non-Agency MBS

July 13, 2018
Brandon Ivey
While originations increased on a quarterly basis, Wells reported lower mortgage banking income and a shrinking production margin.
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Officials at Online Mortgage Brokerage Top Survey of Nonbank Executives Last Year

July 12, 2018
The table-funding sector may be a shadow of its former self, but the man who founded and heads the nation’s only publicly traded mortgage brokerage firm took home $59.6 million in total compensation last year, according to a new tally from Inside Mortgage Finance. [Includes one data chart.]
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Short Takes: FHA in a Hiring Mode / CAIVRS, Old as Dirt? / Likening the GSEs to ‘The Blob’ And His Son / Level One Ponies up to the Mortgage Bar / MSR Auction from The Prestwick Group

July 12, 2018
Paul Muolo
One slide in the GSE presentation is entitled, “The Blob and the Return of the Blob,” a reference to the horror movie classics of the late 1950s…
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PiperJaffray: Lenders are Cutting Costs but It’s Not Enough. LO Pay Must Come Down

July 12, 2018
Paul Muolo
Consultant David Lykken said some mortgage bankers believe LO comp is “untouchable,” but he strongly disagrees…
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Financial Services Industry Wants ‘Binding’ Guidance from the CFPB

July 12, 2018
Yemeng Yang
The American Bankers Association argues the CFPB should acknowledge the bureau is bound by the guidance it issues…
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Latest Imf News

  • Home Equity Loan Originations Increase by 20% in Second Quarter

  • FHFA IG Blasts Budget Cut, Massive Layoffs Likely

  • GSE MBS Investors Could Penalize Loans With VS4 Scores

  • Fitch Downgrades Wells Fargo’s Servicer Ratings

More Imf News

Featured Data

  • GSE MBS Issuance Increases in August

  • Mortgage-Banking Profits on Production, Servicing Decline in 2Q

  • Banks Shed MBS/ABS From Trading Accounts in 2Q

  • Rocket, Cenlar Subservicing Portfolios Decline

More Featured Data

Featured Reports

  • IMF Mortgage Directory: Full interactive database

  • Mortgage Servicing Rights Report: 2Q26 (PDF)

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

  • Mortgage Profitability Report 2Q26 (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?

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