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Short Takes: Wells Hires Someone to Manage JVs / Cordray Will Be Confirmed? / Ocwen Posts Results but Analysts are Not Impressed / HUD Writing its Own QM Rule for FHA Loans

February 28, 2013
Brandon Ivey, Paul Muolo, and Thomas Ressler
Wells Fargo has not given up on mortgage lending JVs after all and has hired someone to manage them.
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Freddie Mac Earns $4.5 Billion, Best Showing in Post-Conservatorship

February 28, 2013
Charles Wisniowski
Freddie Mac hit an earnings home run in the fourth quarter, a sign that the GSE is "back." Fannie Mae may report early next week.
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Fed Chief Bernanke Open to Parity on QM and QRM

February 27, 2013
Thomas Ressler
The Federal Reserve is open to the idea of making the "qualified residential mortgage" definition in the pending risk-retention rule the same as that of the "qualified mortgage" standard.
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First Quarter Originations Starting to Slow, G-Fees at 50 Basis Points?

February 27, 2013
Paul Muolo
Residential fundings are starting to slow as refinancings wane, according to interviews conducted by Inside Mortgage Finance.
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Meanwhile, The Final Tally for 2012 Is In: Almost $2 Trillion in Fundings

February 27, 2013
John Bancroft
Heavy refinance activity, especially through Fannie Mae and Freddie Mac, boosted the conventional conforming market by a whopping 35 percent in 2012.
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QM Could Survive Ruling That Overturns Cordray Appointment

February 27, 2013
Thomas Ressler
The "Qualified Mortgage" rule will survive any legal testing of the authority of CFPB chief Richard Cordray.
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Short Takes: The Dwindling JV Empire of Wells Fargo / More Layoffs for Foreclosure Review Specialists? / Where Are Fannie’s Earnings? / Vericrest is Hiring

February 27, 2013
Paul Muolo
Wells Fargo says it is committed to its remaining joint venture lending partners but isn't giving out any names on the JVs.
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REITs Slow Pace of MBS Acquisitions But Had Strong Year Overall

February 26, 2013
Thomas Ressler
According to a new analysis by Inside MBS & ABS, REIT MBS investors as a group increased their MBS holdings by 47.4 percent in 2012.
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Industry Wants Clarification on Buybacks Losing QM Status

February 26, 2013
Thomas Ressler
The mortgage industry wants the Consumer Financial Protection Bureau to clarify whether mortgages subject to repurchase demands will lose their “qualified mortgage” status under the bureau’s new ability-to-repay rule.
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TBW’s Freddie Mac MSR Portfolio Sold

February 26, 2013
Paul Muolo
Milestone Advisors has picked a winning bidder for the MSR portfolio once owned by Taylor, Bean & Whitaker.
Read More
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Latest Imf News

  • Refi Deliveries to GSEs Level Off in January

  • Fannie's Profits Dip in 4Q on Fair Value Losses

  • House Committee Split on Next Affordable Housing Efforts

  • FHFA, Ginnie to Increase Oversight of Nonbank Servicers

More Imf News

Featured Data

  • Mortgage Complaints to CFPB Tick Up in Fourth Quarter

  • Agency MSR Transfers Pick Up in Fourth Quarter of 2025

  • Record Year for CLO, But Issuance Slowed in 4Q25

  • Originations Increase in Fourth Quarter With Refi Push

More Featured Data

Featured Reports

  • Mortgage Servicing Rights Report: 3Q25 (PDF)

  • IMF Mortgage Directory: Full interactive database

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

  • IMF HMDA Dashboard: 2024

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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