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Ginnie Mae President Candidate David Kittle Tells White House He Doesn’t Want the Job

November 16, 2017
Paul Muolo
Kittle was first approached by the White House nine months ago about the job.
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House Panel Passes Bill That Would Override State Usury Laws

November 16, 2017
Thomas Ressler
It remains to be seen whether the language of the bill will be incorporated into the regulatory relief package…
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Academy Mortgage Production EVP Departs

November 16, 2017
Paul Muolo
Nemec oversaw a retail network of 250 branches...
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Short Takes: Another Mortgage Trade Group Chief Announces Retirement / Redfin’s Mortgage Arm Growing Slowly / Annaly Executives Continue to Buy Stock / World Debt and U.S. Mortgage Debt / Resitrader’s Growth

November 16, 2017
Brandon Ivey and Paul Muolo
Annaly executives have purchased $24.3 million worth of company stock in the open market since 2011...
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Mortgage REITs Boost Residential MBS Holdings in 3Q17

November 16, 2017
John Bancroft
MBS-investing REITs boosted their holdings by 10.1 percent on a sequential basis…
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Watt Likely Won’t Act on Zero Capital Buffer This Year, but Consensus Forming on a GSE Bill?

November 16, 2017
Paul Muolo
Republicans are reportedly on board with the federal MBS guarantee but reluctant to backstop future guarantor entities…
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Chase to Include a Large Amount of Non-QMs in its Latest Jumbo MBS

November 15, 2017
Brandon Ivey
The new MBS from JPM concentrates on jumbo mortgages. The average loan balance is $952,747.
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Speculation Mounts: More Banks May Exit Mortgages

November 15, 2017
Paul Muolo
Meanwhile, there’s already speculation that Capital One – known for its prowess in credit cards – might eventually re-enter the mortgage business in one way or another.
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MBA Calls for Changes to FHA’s Loan Review System

November 15, 2017
George Brooks
Lenders have complained about misleading and confusing labels when self-reporting loan defects…
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The New FHA MMIF Audit is Out, and It’s Not So Hot. Kiss the MIP Cut Goodbye

November 15, 2017
Paul Muolo
“By contrast, the 2017 HECM portfolio has a negative capital ratio of 19.84 percent and a negative economic net worth of $14.5 billion,” HUD said in its summary.
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Latest Imf News

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Featured Data

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Featured Reports

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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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