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Regulators Plan to Change Available-for-Sale Accounting for Big Banks

July 11, 2023
Brandon Ivey
The changes could address some of the issues that prompted bank failures earlier this year.
Read More

Communication Between Nonbanks, Warehouse Lenders Key

July 11, 2023
James Dohnert
If mortgage providers struggle to meet covenant terms, warehouse banks advise early and honest communication before any violations occur.
Read More

Support for FHFA Proposal on GSEs’ Equitable Housing Finance Plans

July 11, 2023
Dennis Hollier
The Federal Housing Finance Agency proposed codifying the new equitable housing finance plans of Fannie Mae and Freddie Mac.
Read More

Short Takes: New Expanded-Credit MBS / Home Price Appreciation Slows / Underwriting Standards Static / Home Equity Startup

July 11, 2023
Brandon Ivey
An affiliate of Lone Star Funds is set to issue an expanded-credit MBS.
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Correspondent Channel Share Grows in FHA/VA Market

July 7, 2023
Monica Hogan
The correspondent channel captured 49.1% of originations in the first quarter, up from a 47.3% share in the previous quarter.
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Higher Interest Rates Squeezing Younger Potential Borrowers

July 7, 2023
Dennis Hollier
When interest rates on mortgages rise, young and middle-income consumers fall away from the mortgage market, according to a working paper from FHFA.
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MISMO Offers Data Standards for Non-Agency MBS

July 7, 2023
James Dohnert
Non-agency MBS participants have been working with an outdated data set.
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Court Rules FHA ‘Face-to-Face’ Rule Not Necessarily Literal

July 7, 2023
Monica Hogan
HUD requires FHA servicers to conduct a “face-to-face” meeting or make a reasonable effort to do so before foreclosing.
Read More

Short Takes: Interest Rates Up / Borrowers Adjusting / Ginnie Adds RHS to LMI Disclosures

July 7, 2023
Brandon Ivey
Interest rates on mortgages reached their highest level of the year (thus far).
Read More

Jumbo Denial Rates Steady as Originations Decline

July 6, 2023
James Dohnert
The denial rate on applications for jumbo mortgages was 11.9% in 2022.
Read More
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Latest Imf News

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Featured Data

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Featured 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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