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Investors Still Worried About TRID 2.0, Including PIMCO

December 14, 2016
Thomas Ressler
PIMCO believes the CFPB should expand the available post-consummation cures under the rules to cover good-faith errors made on the loan estimate form…
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Short Takes: More FHA Commissioner Candidates? / Others… / GSE ‘Chattel’ Lending, A Work in Progress / Mortgage Complaints Drop / Closing Corp. Hires Former Black Knight Official

December 14, 2016
Carisa Chappell and Paul Muolo
At least four names have surfaced for the FHA job in the Trump administration...
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PHH Readies Response to CFPB Appeals Court Directive

December 13, 2016
Thomas Ressler
PHH, the nation’s eighth largest originator, has offered no guidance on when it might file, except to say, “We will file no later than that date [Dec. 22].”
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Details Emerge on New SoFi Jumbo MBS: A $169 Million Deal

December 13, 2016
Brandon Ivey
No 2016 volume figures were available on SoFi, though last year the privately held nonbank funded $372.2 million, according to one presale report.
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Loan Officer Compensation: 45 Percent of Firms Pay 76 to 150 BP

December 13, 2016
Paul Muolo
However, some nonbank executives feel that with originations expected to decline in 2017, it may time to cut back on compensation paid to LOs.
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Will Higher Rates Crush Originations in 2017? Freddie Mac Thinks So

December 13, 2016
Brandon Ivey
Freddie Mac believes that refis will decline by 53.0 percent from 2016 to 2017…
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Candidates for FHA Commissioner: Homebuilder Ed Brady and HFSC GC Clinton Jones

December 13, 2016
Paul Muolo
The FHA commissioner in the Trump White House will have final say on the key issue of adjusting FHA premiums and loan sizes, and likely would have input on GSE reform.
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Short Takes: Ginnie Mae Finally Releases ‘New and Improved’ Acknowledgement Agreement / Why the AA is So Important / GSEs Issue Holiday Moratorium on Evictions / MIAC Hires Industry Vet Mike Bugbee

December 13, 2016
Carisa Chappell and Paul Muolo
Financiers hope the new AA will increase liquidity for nonbanks that play in the Ginnie market…
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GSE Buybacks Spiked Upwards in 3Q16. The Reason: The Ghost of Countrywide

December 12, 2016
John Bancroft
Fannie Mae largely closed the books on legacy buyback issues last year…
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Will Trump’s ‘No New Regs’ Mandate Apply to the CFPB?

December 12, 2016
Thomas Ressler
Then, if the heads of the executive agencies didn’t comply, President Trump could fire them.
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Latest Imf News

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Featured Data

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