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Short Takes: Everything’s Coming Up Blackstone / Odds Increase for an FHA Premium Cut? / Volatile Rates a GSE Problem? / U.S. Bank No Longer Facing Servicing Restrictions / Correction on Redwood Numbers

February 10, 2016
George Brooks, Brandon Ivey, and Paul Muolo
Falling rates are great for the mortgage industry, right? Yes and no...
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GSE MBS Production Slipped in January. A TRID ‘Ice Patch’?

February 9, 2016
John Bancroft
MBS issuance rebounded in December, with Fannie/Freddie production rising 17.7 percent. In other words, had TRID not caused a December bump in GSE business, January could have looked better than it did.
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The Emotional Relief Provided by the CFPB’s ‘Clarifying’ Letter Has Since Faded

February 9, 2016
Paul Muolo
For now, the CFPB isn't talking about the matter...
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Shakeup at Ditech Financial: Patti Cook Out as President, David Schneider Is In

February 9, 2016
Paul Muolo
Shakeup at Ditech Financial: Patti Cook Out as President, David Schneider Is In
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The New White House Budget: $151.5 Billion of GSE Dividends to Come – Right to Uncle Sam

February 9, 2016
Paul Muolo
The White House still wants to kill Fannie and Freddie, but in the meantime it benefits from the their healthy revenue streams...
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Jefferies Rolls Out MBS Backed by a Revolving Warehouse Line

February 9, 2016
Brandon Ivey
The loans backing the bond will be originated by nonbanks Ditech Financial and loanDepot.
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Short Takes: Margin Calls May Pose a Risk to Nonbanks? / Who Thought Rates Would Go This Low? / FHA Subject to ‘Black Swans’ / HUD, Philadelphia and the X-Files / FHA Condo Financing Relief on the Way?

February 9, 2016
George Brooks and Paul Muolo
In its new annual budget, the White House declares that the FHA mutual mortgage insurance fund is vulnerable to “Black Swans...”
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Quicken Asks Mortgage Insurance Firms to Cut a Deal on MI

February 8, 2016
Paul Muolo
Quicken said it "will evaluate all bids once received and make the decision to partner with one or two providers. Our plan is to reevaluate this process regularly."
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Fitch Issues MBS Warning on Home Prices in the San Francisco Area; 14 Percent Overvalued?

February 8, 2016
Carisa Chappell
Other parts of the nation with the caution light on include Florida and Texas…
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Short Takes: More Jumbo TRID Woes? / Prosperity Looks to Train Young LOs on ‘TRID’ / No LO Prima Donnas, Please / Quicken’s Grade on MI Audits / A Correction

February 8, 2016
Paul Muolo
TRID has become such a serious problem that some lenders are starting the education process early with new loan officers.
Read More
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Latest Imf News

  • GSE MBS Issuance Declines in First Quarter of 2026

  • Pennymac Makes the Case for Nonbanks

  • Better’s Originations Increase in 1Q, Still Taking Losses

  • Pennymac Sends More GSE-Eligible Mortgages to Annaly

More Imf News

Featured Data

  • GSE Seller Buybacks and Unresolved Claims Decline

  • Profits Sag at FHLBanks in Fourth Quarter

  • Production vs Servicing Results Mixed in 4Q25

  • Correspondents Retreat in 4Q as Brokers Forge Ahead

More Featured Data

Featured Reports

  • Mortgage Profitability Report 4Q25 (PDF)

  • Agency Channel Analysis: 4Q25 (PDF)

  • IMF Mortgage Directory: Full interactive database

  • IMF HMDA Dashboard: 2024

More Latest Reports

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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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