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Ginnie Issuance Slows in July on FHA Activity

August 15, 2023
Monica Hogan
FHA securitization volume declined 5.2%, while issuance tied to VA loans inched up by 1.2% from June to July.
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Jury Awards GSE Shareholders $612 million

August 15, 2023
Dennis Hollier
A jury found that the Federal Housing Finance Agency violated its duty as conservator of the GSEs when it agreed to the net worth sweep in 2012.
Read More

UBS Settles with DOJ on Pre-2008 Claims

August 15, 2023
Brandon Ivey
The DOJ alleged that UBS misled investors in 40 non-agency MBS, violating the Financial Institutions Reform, Recovery and Enforcement Act.
Read More

Banks Pull Back on Mortgage Lending, Pinching Profits

August 15, 2023
James Dohnert
While curtailing lending can help banks conserve capital, Moody’s Investors Service warned that the strategy could backfire.
Read More

Short Takes: New-Home Loan Applications Level Off / New REIT for Roc / Another Pivot for Altisource Asset Management?

August 15, 2023
Brandon Ivey
Altisource Asset Management shifted in recent years from asset management to aggregating non-agency mortgages. Another shift could be in the works...
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Ginnie Mae Wants to Help Nonbanks Cope With High Interest Rates

August 11, 2023
Monica Hogan
Ginnie President says nonbank liquidity problems due to high interest rates are "the biggest challenge of our time."
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Select Portfolio Servicing Placed Into a ‘Bad Bank’?

August 11, 2023
Paul Muolo
Has UBS given up on owning a servicer?
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Uncertainty on Timeline of New Credit Score Models

August 11, 2023
Dennis Hollier
Industry wants more time to comply with new credit score requirements.
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ICE-Black Knight Merger Back on Track

August 11, 2023
Sam Manas

Deal with FTC could set the stage for ICE and Black Knight to consummate their beleaguered merger.


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Retail Channel Gains Share in Agency Market

August 10, 2023
Andras Malatinszky
The retail channel gained market share from brokers and correspondents in the second quarter.
Read More
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Latest Imf News

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Featured Data

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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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