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Short Takes: Okay, Maybe Trump Can Fire Cordray / Relying on the DOJ’s Office of Legal Counsel / It all Started with PHH / New Turf for WVA Brokerage Firm / Distressed Mortgage Deal

December 28, 2016
Paul Muolo and Brandon Ivey
The Mortgage Center, a West Virginia-based loan brokerage firm managed by Marc Savitt, plans to open new offices in Florida and New Mexico early next year…
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Is it the End of an Era for GSE Loan Buybacks?

December 27, 2016
John Bancroft
Excluding legacy-related buybacks, total GSE seller repurchases would have been down 9.9 percent…
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DB and Credit Suisse Settle Legacy MBS Cases with DOJ; Barclays Faces New Lawsuit

December 27, 2016
Brandon Ivey
Subprime MBS cases continue to haunt Wall Street…
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Cowen: Trump Will Have Trouble Replacing Cordray as Head of the CFPB

December 27, 2016
If Trump wants to get rid of Cordray, he will have to fire him “for cause,” says Cowen analyst Jaret Seiberg.
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Share of Loans that Close on Time Increasing

December 27, 2016
Brandon Ivey
Other loan types also generally showed improved closing times.
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Treasury Department Officials: Obama Supports ‘Explicit’ Guaranty on a ‘Defined Class’ of MBS

December 27, 2016
Paul Muolo and Carisa Chappell
Some GSE observers believe an “implicit” guaranty is the same thing as an “explicit” one…
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Short Takes: Gone for Now: Really Low Rates and No Points / Tracking the Yield on the 10-Year / Why Home Price Gains May Taper Off / Nonbanks Get FHFA’s Approval

December 27, 2016
Paul Muolo and Carisa Chappell
“Home prices cannot rise faster than incomes and inflation indefinitely.” – David Blitzer, managing director of the index committee at S&P Dow Jones.
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Broker Market Share of Jumbo Production Slips in 3Q16

December 22, 2016
Brandon Ivey
The retail channel accounted for 91.7 percent of Wells Fargo’s jumbo production during the first nine months of 2016…
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CBO Says Fannie and Freddie Should Raise G-Fees

December 22, 2016
Carisa Chappell
Reducing subsidies also would help renew private sector participation in the secondary market, the Congressional Budget Office believes…
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‘Corker-Warner’ Co-Author Michael Bright, A Candidate for the Ginnie Mae Job?

December 22, 2016
Paul Muolo
This summer, Bright co-authored a GSE white paper with former Federal Housing Finance Agency Director Ed DeMarco…
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Latest Imf News

  • Purchase-Mortgage and Refi Volume Diverge in Second Quarter

  • Losses Increase at Homebuilder Hovnanian Enterprises

  • Insurance Companies Add to Whole-Loan Mortgage Holdings

  • New Listings for Homes Up, Asking Price Slips

More Imf News

Featured Data

  • GSEs Deliver Consistent Profits; No Closer to Solvency

  • Bank Mortgage Earnings Tick Up in Second Quarter

  • Non-Agency Pushes CMBS Issuance Up Slightly in 2Q

  • PMIs Gain Purchase Share, Refinance Share Slips

More Featured Data

Featured Reports

  • Agency Seller-Issuer Profile: 1Q26 (PDF)

  • 2026 Mortgage Market Statistical Annual (PDF)

  • IMF HMDA Dashboard: 2025

  • Guide to Mortgage Lending to First-Time Homebuyers

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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