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VA to Scrutinize Loan Closing Delays, Wants to Shorten Wait Times

June 3, 2015
George Brooks
The average closing time for a VA mortgage was 41 days, a reading taken in as of March of this year. A year ago it was 39 days.
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Buyers Continue to Hunt for Mortgage Firms; Mid-Sized Lenders Red Hot?

June 3, 2015
Paul Muolo
Chuck Klein, managing director for Mortgage Banking Solutions, agrees that most of the coming M&A activity will center on small- and medium-sized shops.
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CFPB to be Sensitive to Lenders on TRID Compliance

June 3, 2015
Thomas Ressler
The reassurance on TRID was given Wednesday morning to Richard Hunt, president and CEO of the Consumer Bankers Association...
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MBA: Residential Origination Profits Almost Doubled in 1Q15

June 3, 2015
Paul Muolo
The findings were based on results supplied by 359 residential originators.
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Short Takes: FHFA Official Spills the Beans on LPMI, More / But Comments Made Behind Closed Doors / Mortgage Applications Down Modestly / Loans With MI Have Good Closing Record / A New Hire for Clayton

June 3, 2015
Paul Muolo
Not only is the FHFA scrutinizing lender-paid mortgage insurance products, but the agency might require higher capital standards...
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ATR Rule Has Done Little to Crimp Mortgage Activity by Banks

June 2, 2015
Brandon Ivey
Portfolio holdings of mortgages also have increased at a faster rate for smaller banks than larger ones.
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Streamline Refis Power VA-Backed MBS

June 2, 2015
George Brooks
California, Virginia, Texas, Florida and Washington, in sequential order, retained their VA securitization ranking from 2014.
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Two Harbors Turning Out to be a Prolific Issuer of Jumbo MBS

June 2, 2015
Brandon Ivey
Two Harbors is outpacing a fellow REIT, Redwood Trust, in terms of jumbo MBS deals with the latter putting more of an emphasis on whole loan sales.
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Short Takes: CFPB Fines of $1 Million a Day? / A Boon for Second-Lien Investors? / Billions of Dollars in HELOCs? / HARP Goes to Arizona / A New Hire for Hamilton

June 2, 2015
Brandon Ivey and Paul Muolo
According to one trader, secured nonperforming seconds sell in the secondary market for one penny on the dollar to 20 cents on the dollar…
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Blackstone’s ‘New’ Mortgage Company Can’t Take Apps Over the Web Until…the NYDFS Says So

June 2, 2015
Paul Muolo
In partnership with former Lehman Brothers Managing Director Brian Libman, Blackstone is trying to carry out a “roll-up” strategy...
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Latest Imf News

  • Retail Channel Regains Some Share of Originations in 2025

  • ARMs From Nonbanks Head Into MBS From Redwood

  • Non-Agency MBS Issuers Expect Benefits From Disclosure Shift

  • FHA Faulted on Now-Rescinded Foreclosure Sale Program

More Imf News

Featured Data

  • Bank Servicing Declines in 4Q, MSR Fair Values Up

  • Mortgage-Banking Earnings at Banks Level Off in 4Q

  • Fannie Mae, Freddie Mac Profits Decline in 2025

  • Home Equity Loan Securitization Growth Levels Off

More Featured Data

Featured Reports

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  • Lender Profiles 3Q25: Top 25 (PDF subscription)

  • Mortgage Profitability Report 3Q25 (PDF)

  • Agency Channel Analysis: 4Q25 (PDF)

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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