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Loans in New ‘Nonprime’ MBS Look like ‘Alt A’ Loans Really

August 8, 2017
Brandon Ivey
In fact, some of the underwriting characteristics on new nonprime loans are even stronger than the credit quality on pre-crisis Alt A mortgages…
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House Republicans Push Another Contempt Case Against CFPB’s Cordray

August 7, 2017
Thomas Ressler
The GOP legal analysis asserts that Cordray failed to satisfy subpoenas the committee issued for agency records…
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Trader Joe’s a Beacon for Homebuyers?

August 7, 2017
Sherry Muolo
Homes located near a Trader Joe’s location had an average 5-year appreciation of 67 percent…
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Why is it Taking So Long for Trump to Nominate Kittle as Ginnie Mae Chief?

August 7, 2017
Paul Muolo
According to industry officials who claim to have knowledge of the matter, Kittle is still the top pick, but...
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Fairholme Predicts Trump’s DOJ Will See (GSE) Things Its Way

August 7, 2017
Paul Muolo
“There is a proven blueprint to succeed, and we hope to successfully resolve this matter before reaching the Supreme Court of the United States,” the company told investors.
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Short Takes: An Increase in Investigations for Nationstar / Succession-Related Hiring / Movement Looking for Sales Personnel / A Solid Profit for Redwood / Greystone Hires MF Executive

August 7, 2017
Paul Muolo
Among residential lenders in a hiring/growth mode is Movement Mortgage...
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Jumbo Originations Up in 2Q17 as Banks Report Strong Demand

August 7, 2017
Brandon Ivey
Lee Smith, an executive vice president and COO at Flagstar, said the bank’s jumbo originations were bolstered by the acquisition of Opes Advisors…
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What We’re Hearing: The Clock is Ticking / Ivanka Trump, the GSEs, Mary Bailey and the Debt Ceiling / How Far will the FHFA Go in Loosening Credit? / Bad Timing on Mortgage M&A Deal / Impac’s Non-QM Plans Revealed

August 4, 2017
Paul Muolo
It was thought that Watt, while speaking at the annual convention of the NAREB, might, might say something about the GSE dividend payments...
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DOJ Cleared to Join Another Constitutional Challenge to the CFPB: Ocwen’s

August 4, 2017
Thomas Ressler
“We look forward to the attorney general’s views on the constitutional issues raised in our motion to dismiss,” an Ocwen spokesman told IMFnews.
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Red Hot Housing: July MBS Total the Largest Monthly Purchase-Mortgage Volume Since Loan-Level Data Became Available

August 4, 2017
John Bancroft
Freddie’s purchase-mortgage business soared 17.1 percent from June to July, while Fannie’s was up 9.0 percent…
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Latest Imf News

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Featured Data

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