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Government Lending Loses More Ground to PMI but VA Stays Ahead of FHA

August 24, 2020
John Bancroft

For the third consecutive quarter, VA production exceeded FHA activity – and the margin widened significantly...


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Mr. Cooper Goes On the Record, Assessing the Cost of the New GSE (Refi) LLPA

August 21, 2020
Dennis Hollier

In a new filing with the SEC, Mr. Cooper disclosed that after accounting for a modest increase in the value of its mortgage servicing rights, the new GSE LLPA will reduce the value of the loans in its pipeline by approximately $20 million...


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A Bit of a Drought in Non-QM Deals

August 21, 2020
Brandon Ivey

In the PIMCO deal, the loans have seasoned for an average of 14 months and 21.7% of borrowers are on forbearance/deferral plans.


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A Break Coming on the GSE Refi LLPA? Executives Not Happy

August 21, 2020
Paul Muolo

The best the industry can hope for is a delay in the Sept. 1 implementation date, some believe...


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As Fed Slows MBS Purchases, Depositories Fill the Void

August 21, 2020
John Bancroft

Most of the gain was in agency mortgage securities, which rose $82.6 billion to $2.148 trillion...


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Short Takes: Brickman and Frater Try to Clear the (LLPA) Air / Contrary to the Criticism / How Piper Sandler Views It / Someone Somewhere Pays / CRE REITs? / A New AFH Hire for JPM

August 20, 2020
Paul Muolo

Higher rates because of the new GSE refi LLPA? That's not how Freddie CEO David Brickman sees it...


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Throttled by the Pandemic: CLO and CDO Issuance

August 20, 2020
John Bancroft

Production of deals backed by commercial real estate loans fell 27.9% in the second quarter...


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Still Alive: The Golden State’s Version of the CFPB

August 20, 2020
Yemeng Yang

The concept of a state-level CFPB was revived through a budget trailer bill on Aug. 4.


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Retail Lending Soars in 2Q20 While Correspondent Wanes...

August 20, 2020
John Bancroft

In a nutshell, retail lenders gorged on refis: Roughly 62.8% of refi loans securitized by Fannie Mae, Freddie Mac and Ginnie Mae during the second quarter came through the channel...


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Senators Ask FHFA to Withdraw GSE Refi LLPA Immediately

August 20, 2020
Paul Muolo

The senators said they find it distressing that such a large fee would be introduced “with no consultation with Congress and no notice to external stakeholders.”


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Latest Imf News

  • UWM’s Ishbia Not Impressed With Management at Two Harbors

  • Originations Increase, Losses Jump at Better in First Quarter

  • Net Interest Income Varies at Fannie, Freddie

  • Real Estate Company reAlpha Lays Off 25% of Staff

More Imf News

Featured Data

  • Mixed Trends for Mortgage Originations in 1Q

  • Mortgage Complaints Filed With the CFPB Surge in 1Q

  • Depository Servicers End Slide in Servicing Share

  • Bulk Agency MSR Sales Back to Normal in First Quarter

More Featured Data

Featured Reports

  • IMF HMDA Dashboard: 2025

  • 2026 Mortgage Market Statistical Annual (PDF)

  • Mortgage Servicing Rights Report: 4Q25 (PDF)

  • Agency Seller-Issuer Profile: 4Q25 (PDF)

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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