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Mortgage Brokers Face Uphill Challenge in Jumbo Market

September 26, 2017
John Bancroft
MUFG Union Bank was the top wholesale lender in the jumbo market by a wide margin.
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HUD IG Throws Nonbanks Overboard in New Audit, Blames Ginnie for Inadequate Supervision

September 26, 2017
Paul Muolo
Ginnie Mae took umbrage at the IG’s findings, saying it was aware of the market share shift to nonbanks in 2012 and was already taking action…
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In Hurricane-Ravaged Areas, Ginnie Loosens Buyout Guidelines for Problem Loans

September 26, 2017
Paul Muolo
The new Ginnie Mae buyout authority expires March 31 of next year…
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Redwood Quickens Pace of Jumbo MBS Issuance; Deal Volume Doubles

September 26, 2017
Brandon Ivey
Kroll Bond Rating Agency assigned AAA ratings to the deal.
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Short Takes: Hurricane-Damaged MSR Deals? / FHA MF and Warehouse Lender Files to go Public / MBA Hires a Legend (Named Legend) / Nationstar Issues HECM Backed by ‘Inactive’ Collateral / Don’t Pass the Hat for Equifax’s Newly Departed CEO

September 26, 2017
Brandon Ivey and Paul Muolo
The Mortgage Bankers Association is projecting that more than 4,600 residential finance professionals will attend its annual convention in Denver next month.
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The Game Continues: CFPB’s Cordray Sounds Like a Politician to Some, but Others Doubt He Will Run

September 25, 2017
Thomas Ressler
To some, CFPB Director Richard Cordray does not sound like a candidate…
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As GSE ‘Zero Capital Day’ Approaches, Hurricane Damage Looms Large?

September 25, 2017
Paul Muolo
FHFA Director Mel Watt is concerned about zero capital, but has not yet given any public indication he will do something about it...
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GSE Seller Buybacks Edged Higher in 2Q17, but YOY…

September 25, 2017
John Bancroft
All of the uptick in seller buybacks came from Fannie, where repurchases surged 21.5 percent from the first to the second quarter.
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Angel Oak Projects $1.1 Billion in Non-QM Production This Year

September 25, 2017
Paul Muolo
Angel Oak expects that production by its wholesale arm will grow by 62.8 percent this year.
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Liquidity for ‘Structured Products’ the Best Ever?

September 25, 2017
Brandon Ivey
Some investors, such as Charles Schwab Bank, are having trouble finding bonds to buy…
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Latest Imf News

  • Residential MBS Issuance Up Nearly 15% in 2025

  • BofA, Wells Boost Originations in Fourth Quarter

  • Some Concerns About Lending Practices Amid Deregulation

  • Mortgage Applications Spike Following GSE MBS Plan

More Imf News

Featured Data

  • Largest Sellers See GSE Deliveries Wane in November

  • Third-Party Lenders Boost Market Share in Third Quarter

  • Bank Mortgage Repurchases Decline in Third Quarter

  • Mortgage REITs Up Agency MBS, Shed Non-Agency

More Featured Data

Featured Reports

  • Mortgage Profitability Report 3Q25 (PDF)

  • Top Mortgage Players: 3Q25 (PDF)

  • Mortgage Servicing Rights Report: 3Q25 (PDF)

  • GSE Repurchase Activity: Cumulative to Second Quarter 2025 (PDF Format)

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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