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Due Diligence Firms Continue to Work on a TRID Fix for the Secondary Market

March 28, 2016
Brandon Ivey
TRID errors and investor fears are playing a key role in secondary market snafus...
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Is Non-QM Lending a Bust? Former CFPB Official Speaks His Mind

March 28, 2016
Brandon Ivey
CFPB Director Richard Cordray has pushed back against claims from industry participants that regulations have unduly constricted lending...
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Piper: Certain Banks Could Post Strong Mortgage Earnings for 1Q16

March 28, 2016
Paul Muolo
In particular, gain-on-sale margins could be quite healthy.
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Short Takes: A Mortgage Giant Named Nimrick? / Keeping the GSEs ‘On Budget’ / Banking and Mortgage Deregulation? / Mortgage Executive Bolts Wells Fargo for Tech Vendor

March 28, 2016
Paul Muolo
Mortgage deregulation ahead? GOP presidential candidate Sen. Ted Cruz, R-TX, has tapped former Texas senator Phil Gramm as an economic advisor...
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Was W.J. Bradley’s Closure All Related to TRID Errors or Something Else? Are More WJBs Ahead?

March 24, 2016
Errors in TRID disclosures on jumbo mortgages played a key role in the recent closure of W.J. Bradley Mortgage, but the privately held nonbank may have had other problems as well, according to industry officials who claim to have intimate knowledge of the company’s operations. A thin capital base is one of those problems. An investor in the company and an investment banking official each told...
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Mortgage Securitization Rate Nudged Higher in 2015, But Below Post-Crisis Norm

March 24, 2016
John Bancroft
An estimated $1.21 trillion of newly-originated home loans were pooled in mortgage securities last year.
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In New Era of LO Comp, Nonbanks Have the Edge. Can Banks Even Compete?

March 24, 2016
Thomas Ressler
Employment and pay prospects are looking up for loan brokers as well.
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NAR Seeks Support for Bill That Would Protect G-Fees

March 24, 2016
Carisa Chappell
“Mortgage g-fees should only be used as a buffer against mortgage defaults, not as a piggy-bank for increased government spending,” said NAR chief Salomone.
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MBS Liquidity Improves, but for How Long?

March 24, 2016
Paul Muolo
If stocks tank, look for yet another bond market rally.
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Short Takes: Freddie Continues to Unload NPLs / Lone Star Wins Again, Rushmore Too / SWBC in a Hiring Mode / The Search for a Home Starts Online

March 24, 2016
Carisa Chappell and Paul Muolo
SWBC is looking to hire 40-plus technology workers.
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Latest Imf News

  • CFPB Receives Conflicting Feedback on HMDA Requirements

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  • Non-Agency MBS Issuers Bring Somewhat Larger Deals

  • MISMO Housing Counseling Dataset Aims to Improve Services

More Imf News

Featured Data

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Featured Reports

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