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Deal Agent Seen as ‘Centerpiece’ of Benchmark Non-Agency MBS Project

April 17, 2015
Brandon Ivey
Laurie Goodman, director of the Urban Institute’s Housing Finance Policy Center, is among those who support Treasury’s push to include a deal agent in the benchmark non-agency MBS.
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What We’re Hearing: Concern Over LPMI Discounting? / RoundPoint Still Hunting for a Suitor / A Book out on Seterus? / When Fannie Almost Bought Litton / loanDepot Claims It’s Among the Fastest

April 17, 2015
Paul Muolo
If Fannie Mae bought a servicing platform Congress, of course, would blow a gasket...
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Nonbank and Community Lenders Push for ‘Hold Harmless’ Enforcement on TRID

April 16, 2015
Thomas Ressler
Certain factions of the industry want the CFPB to develop a plan to provide implementation support during a restrained enforcement period following the Aug. 1 effective date.
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Fannie, Freddie, MBA Hike Their Origination Forecasts (Some Ever So Slightly)

April 16, 2015
Paul Muolo
Some lenders are swamped with refis...
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GSE Refi Loans with PMI Spike 37 Percent in First Quarter 2015

April 16, 2015
John Bancroft
The steadily declining average loan-to-value ratio on PMI-covered refinances reflects dwindling production in the HARP program.
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1Q Residential Production at Citigroup Lags Peers; Servicing Continues to Shrink

April 16, 2015
Paul Muolo
Meanwhile, Citigroup continues to see its servicing “for others” portfolio shrink...
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Texas Depository Purchases 15-Year-Old Nonbank Mortgage Firm

April 16, 2015
Paul Muolo
In general, depositories have not been active buyers of mortgage companies, though that’s starting to change somewhat.
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Short Takes: So Much for the Moratorium on Captives Joining FHLBs / Nonprofits Stand Up for Ocwen / Ocwen Layoffs? / Time to Exit SFR? / CFPB Rule Update

April 16, 2015
Brandon Ivey, Paul Muolo, and Thomas Ressler
Is the bloom off the rose in the single-family home rental market? Some institutional investors are shedding assets.
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Credit Union Share of Residential Production Hits a Record 9.45 Percent

April 16, 2015
John Bancroft
Credit unions now lay claim to almost 10 percent of the residential lending market.
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FHA Recaptures Few of Its Refinances; Cut in Annual Premium Could Help

April 16, 2015
Paul Muolo
Where are these FHA loans migrating to? “Fannie Mae and Freddie Mac,” said Chappelle.
Read More
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