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Short Takes: Trade Group Wants a Cut in FHA Premiums, Now / Wait Until After the MMIF Audit? / A Somewhat Large MSR Deal May be in the Works / Tweaks to the Ginnie Mae ‘Acknowledgement’ Agreement?

October 12, 2016
Paul Muolo
A $5 billion Ginnie Mae MSR sale could be in the works...
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CFPB Disagrees with Court Decision on its Structure; Agency Weighs its Legal Options

October 12, 2016
Paul Muolo
The attorney who argued the case for PHH is Theodore Olson, former Solicitor General of the United States.
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‘Defect’ Rate on FHA Mortgages Rises; A Reading of 50 Percent

October 12, 2016
George Brooks
Of the top five mitigated findings, two were related to borrower assets, two were about documentation and one about borrower credit.
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In Wake of Favorable Court Ruling, PHH Share Price Tepid

October 12, 2016
Paul Muolo
Is Caliber Home Loans still looking at some of PHH’s mortgage assets?
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Short Takes: An Investigation Into LPMI Pricing? / Wells Mortgage Chief Advances / Analyst Lukewarm on Flagstar / Navy Fed Sanctioned by CFPB on Collection Practices

October 12, 2016
Paul Muolo and George Brooks
Wells Fargo’s mortgage chief Franklin Codel is getting some new duties...
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Industry Groups Oppose CFPB Proposal to Add Survey to Consumer Complaint Database

October 12, 2016
Thomas Ressler
Under the proposal, consumers can rate a company’s response on a scale from one to five…
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Sales of Higher-Priced Mortgages Declined in 2015

October 12, 2016
Brandon Ivey
Higher-priced mortgages are sometimes seen as a proxy for nonprime mortgages...
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‘High Pressure’ Wells Fargo Put on Retail Bankers Wasn’t Evident in Mortgage Unit

October 11, 2016
Paul Muolo
A four-year veteran of the bank in California, this mortgage loan officer said he never felt any type of pressure to cross sell other Wells products either.
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At the End of 3Q16, Just Two Firms Were Still Issuing ‘Prime’ Non-Agency MBS

October 11, 2016
Brandon Ivey
Five deals were issued during the quarter, led by a $2.65 billion MBS from Chase that combined mortgages eligible for sale to the government-sponsored enterprises and jumbo loans.
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Portfolio Retention of ARMs Increased in 2Q16

October 11, 2016
Brandon Ivey
Wells Fargo was the top ARM lender in the second quarter with $5.76 billion in originations.
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Latest Imf News

  • GSE Jumbo Activity Up in 2Q, Investment Property Volume Down

  • Homebuyer Demand Diminishing Amid High Interest Rates

  • FHA Testing of UAD 3.6 Remains on Track

  • New American Funding Brings AI to Customer Support

More Imf News

Featured Data

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

  • PMIs Gain Purchase Share, Refinance Share Slips

  • FHA Loss-Mitigation Removals Spike in 2Q

  • Prime Non-Agency MBS Issuance Drops in 2Q

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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