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Nonbanks Worry About Ginnie's Pending Capital Proposal

October 29, 2021
Brandon Ivey
In August, Ginnie sought comments on the capital standards. While some of the changes would apply to all servicers, others would apply specifically to nonbanks, the dominant players in the agency’s MBS program.
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Investor Demand for Prime Non-Agency MBS Softens

October 29, 2021
Brandon Ivey
Demand for non-agency MBS can be measured by how new issuance prices compare to a benchmark rate.
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Downpayment Assistance Spending Outlined in BBB Framework

October 29, 2021
Monica Hogan
Individual DPA grants could reach 10% of a home’s purchase price or $20,000, whichever is greater.
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3Q Originations Top $1T Yet Again. A New World Record On the Way?

October 28, 2021
John Bancroft
Barring an implosion over the next two months, 2021 will set a new world record, likely topping $4.5 trillion in annual originations.
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A 31% Earnings Drop for Mr. Cooper, An Aggressive MSR Mark of 121 BPs

October 28, 2021
Paul Muolo
Mr. Cooper values its MSRs at $3.66 billion, up from $3.31 billion 90 days earlier...
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Redwood Boosts Margins on Jumbos in Third Quarter

October 28, 2021
Brandon Ivey
Redwood's margin on residential mortgage banking activities in the third quarter of 2021 was 122 basis points, up from 98 bps...
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The Latest Tally on Housing in the BBB: $150B

October 28, 2021
Monica Hogan
The White House called the new framework the largest single investment in affordable housing in U.S. history...
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CFPB Director Expresses Concern Over Mortgage Refinancing Market

October 28, 2021
Sam Manas
In particular, Chopra wants to hear from local lenders on how to stimulate refinancing, especially for communities of color.
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Subservicing Giant Cenlar Sanctioned by OCC, Needs Approval to Add New Clients

October 27, 2021
Paul Muolo
The publicity-shy Cenlar suddenly finds itself in the regulatory spotlight...
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Flagstar’s Margins and Servicing Marks Improve

October 27, 2021
Brandon Ivey
The NYCB acquisition of Flagstar won't close until next year...
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Latest Imf News

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Featured Data

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  • Non-Agency MBS Issuance Jumps 61% in 2025

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  • Private MI Business Stronger Than FHA in 4Q

More Featured Data

Featured Reports

  • IMF HMDA Dashboard: 2024

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  • Agency Channel Analysis: 3Q25 (PDF)

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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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