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Supreme Court Takes Case on Non-Judicial Foreclosures

July 12, 2018
Brandon Ivey
Some courts have determined that because non-judicial foreclosures don’t technically obligate borrowers “to pay money,” protections from the FDCPA aren’t available.
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NRL Mortgage Increasing Staff, Will Expand Into New Markets

July 12, 2018
Brandon Ivey
A retail lender, the Houston-based NRL has increased staff at a branch in Cincinnati by 25 percent this year…
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GSE Single-Family Business Up Modestly in 2Q18 as Purchase Market Kicks In

July 12, 2018
John Bancroft
All of the growth in GSE volume came from the purchase-mortgage side of the business…
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PMI Analysts Look at Fannie’s New MI Pilot, Wondering If It Poses a Threat

July 11, 2018
Paul Muolo
But there’s a catch for lenders: Originators will have to pay an additional loan-level price adjustment…
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Short Takes: Show FHA the Money / Blame COBOL / Home Point Lops Off Some Branches / StoneHill Expands / A Key Hire for Equity Prime Mortgage

July 11, 2018
Paul Muolo
Home Point Financial, Ann Arbor, MI, said it will “transition” some of its East Coast retail branches to Northpointe Bank...
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Verus Affiliate Set to Issue Largest Post-Crisis Nonprime MBS to Date

July 11, 2018
Brandon Ivey
Roughly 44.6 percent of the loans were underwritten with alternative documentation or bank statements…
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Moody’s Warns that Non-Agency Underwriting Standards Could Deteriorate

July 11, 2018
Brandon Ivey
Under the Economic Growth, Regulatory Relief and Consumer Protection Act, banks with less than $10 billion in assets can receive QM treatment for certain loans...
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New FHA Commissioner Montgomery: Risk-Sharing with PMIs not a Priority

July 11, 2018
Paul Muolo
FHA Commissioner Brian Montgomery on risk-sharing with private MI firms: Not an immediate concern…
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The Fed of New York Likes What it Sees on ‘Fintech’

July 11, 2018
Brandon Ivey
The Fed report focused on the origination of FHA mortgages, which are generally more risky than loans eligible for sale to GSEs…
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Short Takes: Fannie Launches MI Pilot / MBA Reg Counsel Joins Consulting Firm / Non Bank Market Share Grows / FHFA Capital Rule Criticized

July 10, 2018
Carisa Chappell
Fannie said the new lender option allows the GSE to streamline the operational requirements of participating lenders...
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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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