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GSE Foreclosure Preventions Surpass $4M in 4Q, Hurricanes Raise Delinquencies

March 23, 2018
Carisa Chappell
The Federal Housing Finance Agency reported this week that the GSEs completed 67,569 foreclosure prevention actions in the fourth quarter of 2017.
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Short Takes: CRTs Criticized/Existing Sales Up in South, West/Fannie Wins Green Award/Closing Time Shrinks/FHLBank Divide

March 23, 2018
Carisa Chappell
Former Fannie Mae executive and critic of the government-sponsored enterprises’ credit-risk transfer programs, Tim Howard, said on his blog this week that CRTs only help “sustain what has become a very profitable program for Wall Street firms and capital market investors.”
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BAML Says Washington May Be Settling into Status Quo on Reform

March 23, 2018
Carisa Chappell
Housing-finance reform appears to be in the process of a slow death for 2018 partly because of the pending departure of key players.
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HUD Needs $500M to Modernize FHA’s IT System

March 23, 2018
George Brooks
Housing and Urban Development Secretary Ben Carson told Congress it would cost approximately $500 million upfront to convert FHA’s archaic information technology systems to a modern technology platform.
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Fannie and Freddie Witness High-DTI Loan Growth in 2017

March 23, 2018
John Bancroft
Fannie Mae adjusted its automated underwriting services last summer to make more loans with higher debt-to-income ratios eligible for approval without lenders needing to provide compensating factors.
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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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Latest Imf News

  • MBS, ABS Issuance Down in 3Q; Non-Agency Rises

  • Majority of Mortgage Borrowers Want Human Interaction

  • Home Equity Lending Holds Up at BofA in Third Quarter

  • Ellington Preps Non-Agency MBS With GSE-Eligible Loans From Pennymac

More Imf News

Featured Data

  • ARM Production Rebounds

  • Originations of Home Equity Loans Rise 20% in 2Q

  • Origination Share Up for Nonbanks, Large Lenders in 2026

  • GSE MBS Issuance Increases in August

More Featured Data

Featured Reports

  • Agency Channel Analysis: 2Q26 (PDF)

  • Top Mortgage Players: 2Q26 (PDF)

  • Mortgage Profitability Report 2Q26 (PDF)

  • IMF Mortgage Directory: Full interactive database

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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