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Freddie Mac Has First Nonperforming Loan Sale of 2018

March 22, 2018
Carisa Chappell
Freddie Mac announced its first non-performing loan sale of the year this week.
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Study Shows Borrower Counseling Spurs Buyers to be More Vigilant

March 22, 2018
Carisa Chappell
Consumers who take part in homebuyer education and counseling classes are more satisfied with the mortgage process.
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Former CEO of Payday Lender Wants to Run the CFPB

March 22, 2018
Yemeng Yang
Former World Acceptance Corp. CEO Janet Lewis Matricciani wants to apply for the position of CFPB director .
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Ginnie and Freddie Drive Agency Servicing Increases in 2017, Nonbanks Expanding

March 22, 2018
John Bancroft
The mortgage servicing business racked up its third consecutive year of steady growth in 2017.
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UBS Reaches $230 Million Settlement with New York on Issues with Pre-Crisis Non-Agency MBS

March 22, 2018
Brandon Ivey
UBS agreed to a $230.0 million settlement on Wednesday with the New York attorney general to resolve issues with pre-crisis non-agency mortgage-backed securities.
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Interest Rates Could Double and Home Sales Would Barely Falter, According to First American

March 21, 2018
Brandon Ivey
"If mortgage rates doubled overnight, our model indicates a decline of just 300,000 sales, a mere 5 percent decrease,” said Mark Fleming, chief economist at First American.
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Short Takes: Mortgage Applications Decline / Time to Close Also Declines / Freddie to Automate Calculation of Self-Employed Income / Angel Oak Grows

March 21, 2018
Brandon Ivey
The decline in mortgage applications was driven by applications for refinances, as requests for purchase mortgages increased slightly.
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Chase Set to Issue Another Non-Agency MBS Mixing Jumbos and GSE-Eligible Loans

March 21, 2018
Brandon Ivey
Some 1,348 loans will be included in the issuance, divided nearly evenly between jumbo mortgages and loans eligible for sale to the government-sponsored enterprises.
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MBA Pushes CFPB for Guidance Instead of Regulation by Enforcement

March 21, 2018
Yemeng Yang
“On previous occasions when the bureau has issued guidance, its value has been negated by disclaimers making the guidance non-binding on the bureau,” the Mortgage Bankers Association said.
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GSE Repurchases Hit Record Low in 2017, Freddie Shows a Faster Decline

March 21, 2018
John Bancroft
GSE buyback volume fell 11.6 percent from the 2016 total, including an 11.4 percent drop from the third to the fourth quarter of last year.
Read More
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Latest Imf News

  • Nonbanks, Large Lenders Gain Share in Originations

  • Mortgage Locks Decline in September

  • Trigger Leads Rarely Led to Loans Prior to Restrictions

  • Better Focusing on HELOCs, AI and Hiring New CEO

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

  • Mortgage Profitability Report 2Q26 (PDF)

  • IMF Mortgage Directory: Full interactive database

  • Mortgage Servicing Rights Report: 2Q26 (PDF)

  • Agency Seller-Issuer Profile: 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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