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Acting Ginnie Mae President Michael Bright Makes His Pitch to Have Ginnie be the Big Kahuna of Government MBS

November 30, 2017
Paul Muolo
Industry lobbyists believe one key legislator in favor of the Ginnie concept is House Financial Services Committee chairman Jeb Hensarling, R-TX…
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Guaranteed Rate National Sales Chief Jim Linnane Departs

November 30, 2017
Paul Muolo
Earlier this week, GR promoted two senior vice presidents – James Elliot and Chris Knapp – giving them additional responsibility over sales and recruiting…
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MBA: Origination Profits Declined in 3Q17

November 30, 2017
Paul Muolo
For lenders, the killer was rising expenses: $8,060 in 3Q17 compared to $7,774 in the second quarter…
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Judge Affirms Mulvaney as CFPB Acting Director, Industry to Look for Regulatory, Enforcement Relief

November 30, 2017
The new boss at the Consumer Financial Protection Bureau – Mick Mulvaney – wasted no time this week in beginning to steer a new course for the controversial agency.
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Short Takes: Trump Making a CFPB Short List / Appeal Expected but So Far Nothing / Not on the Merits… / CapLoc Looking for Warehouse Chief / LendingTree on a Roll

November 30, 2017
Paul Muolo and Thomas Ressler
A handful of warehouse managers told IMFnews that a head-hunter hired by CapLoc contacted them about running the firm's warehouse initiative...
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Warehouse Lending Inches Up Again, but Providers Are Concerned About Lower Usage Rates, Profits

November 30, 2017
Warehouse lenders ended the third quarter of 2017 with an estimated $67.0 billion of commit-ments on their books, a 4.7 percent sequential gain and a sign that nonbanks are continuing to search for liquidity – even if they’re not ready to tap it right away.
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Bank Holdings of Non-Mortgage ABS Decline Again in 3Q17, Some Institutions Still Buying

November 30, 2017
John Bancroft
Depositories held roughly 16.0 percent of outstanding ABS at the end of the third quarter…
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Ginnie Mae Acting President Warns: Lenders Could be Kicked out of the Program for ‘Churning’

November 30, 2017
George Brooks
For lenders that produce pools with inexplicably fast prepayment speeds, removal from the program is not out of the question, said Ginnie Mae's Michael Bright...
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Conforming-Jumbo Market Grew Faster Than Non-Agency Sector in 3Q17

November 30, 2017
John Bancroft
Roughly $119.1 billion of mortgages that exceed the conforming loan limit of $424,100 were produced during the third quarter of 2017…
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New Residential Agrees to Buy Ranieri’s Shellpoint Platform for $190 Million

November 29, 2017
Paul Muolo
According to figures compiled by Inside Mortgage Finance, New Residential ranks fifth among all residential servicers with $343.0 billion of contracts at Sept. 30. New Penn ranks 46th among lenders.
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Latest Imf News

  • Ginnie Gains More Servicing Share During First Quarter

  • Fed’s Warsh Unlikely to Drive Down Interest Rates on Mortgages

  • CFPB Rescinds 2020 Opinion on Special Purpose Credit Programs

  • New Investors Entering Market for Non-Agency MBS

More Imf News

Featured Data

  • Ginnie Issuance Down in May as Refis Slump

  • Jumbo Servicing Volume Bumps Higher in 1Q

  • Non-Agency Jumbo Lending Drops in First Quarter

  • REITs Boost MBS Holdings, AGNC Rises to Top Investor

More Featured Data

Featured Reports

  • GSE Repurchase Activity: Cumulative Through Fourth Quarter 2025 (PDF Format)

  • Agency Channel Analysis: 1Q26 (PDF)

  • Guide to Mortgage Lending to First-Time Homebuyers

  • IMF HMDA Dashboard: 2025

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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