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Short Takes: Stop Guessing on Lawsky Already / Share Price of Fannie and Freddie Common Soars / Foreclosures on the Rise / Essent Sells More Stock

November 20, 2014
Brandon Ivey and Paul Muolo
A GSE bill? Since Congress and President Obama have such a strong track record of working together on legislation we know how that’s going to turn out…
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Morningstar: CMBS Market Notorious for ‘Rating Shopping’

November 19, 2014
George Brooks
The CMBS market is well known for rating shopping, where issuers will invite up to six CRAs to conduct a preliminary review of an initial asset pool.
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CS/DLJ Will Issue Non-Agency MBS Backed By ‘Re-Performers’

November 19, 2014
Brandon Ivey
Fitch warned that about 25 percent of the collateral received C or D grades for material violations or lack of documentation.
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Senate Banking Chair Urges Watt and Treasury to End GSE Conservatorships

November 19, 2014
Paul Muolo
The two GSEs have been in conservatorship for six-plus years now, with no legislative solution to their future in sight.
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CFPB Warns Mortgage Firms on How they Treat Borrowers with Disability Income

November 19, 2014
Thomas Ressler
The new bulletin discusses standards and guidelines on verification of disability income, including those under the CFPB’s ability-to-repay rule.
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MIAC Auctioning Off $908 Million Fannie/Freddie Portfolio

November 19, 2014
Paul Muolo
With roughly six weeks left in 2014, some mortgage firms are rushing to sell MSRs as a way to bolster fourth quarter profits.
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Short Takes: Any G-Fee News? No / Keeping an Eye on MSR Sales / Why Realtors Will Live Forever / California Home Sales Nothing Special / Jeb Will be Back, Hensarling At Least

November 19, 2014
George Brooks, Paul Muolo, and Charles Wisniowski
After a servicing sale closes, the GSEs must monitor each transaction to make sure the transfer of receivables took place in a timely manner and more…
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Mortgage Banking Income Softened in 3Q Despite Origination Surge

November 18, 2014
John Bancroft
For the first nine months of 2014, the group reported $10.94 billion in net mortgage-banking income, a stunning 43 percent decline from the same period in 2013
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Cerberus-Backed FirstKey to Issue its First Jumbo MBS

November 18, 2014
Brandon Ivey
The top contributor to the new jumbo MBS from FirstKey is CMG Financial with a 13.8 percent share. Cornerstone, Bank of Internet and Impac also provided product.
Read More

Fannie Continues to Loosen Rules; 990 Days for a Foreclosure in New York

November 18, 2014
Paul Muolo
Fannie Mae recently loosened its credit standards on condominium loans. What's next?
Read More
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Latest Imf News

  • Mortgage Applications Start Year Well Above Early 2025 Level

  • Mortgage Securitization Rate Increases With GSE Activity

  • Redwood Continues Leaning on Rocket for Jumbos

  • Consumer Advocates Frustrated by CFPB’s Regulatory Approach

More Imf News

Featured Data

  • Largest Sellers See GSE Deliveries Wane in November

  • Third-Party Lenders Boost Market Share in Third Quarter

  • Bank Mortgage Repurchases Decline in Third Quarter

  • Mortgage REITs Up Agency MBS, Shed Non-Agency

More Featured Data

Featured Reports

  • GSE Repurchase Activity: Cumulative to Second Quarter 2025 (PDF Format)

  • Agency Seller-Issuer Profile: 3Q25 (PDF)

  • Mortgage Profitability Report 3Q25 (PDF)

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

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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