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Amid Forbearance Concerns, Ginnie Issuance Sets New Monthly Record in April

June 1, 2020
John Bancroft

Total Ginnie MBS production last month came to $61.34 billion, topping the previous record set in October 2019.


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Short Takes: Anxious About the Self-Employed? / Two Bank Statements Required / A Very Fortunate Industry? / When A Borrower Loses Their Job / The SOFR Playbook

May 29, 2020
Paul Muolo and Dennis Hollier

How worried should lenders be about the self-employed and small business owners?


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Senate Democrats Query FHFA and CFPB on COVID-19 Forbearance

May 29, 2020

The senators write: “The CFPB and FHFA must also have plans to use their respective tools and authorities to immediately address trends that indicate borrowers are receiving inaccurate information or unequal treatment, or that servicers are not complying with the law.”


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Non-QM Lenders Return, but Carefully. NewFi Lowers Its LTV Max to 60%

May 29, 2020
Brandon Ivey

After the pandemic changed its worldview, NewFi lowered its LTV on non-QM offerings to 60%...


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Down Now, Servicing Rights Could Turn to Gold Later

May 29, 2020
Paul Muolo

Why sell now when you can make a ton of money later?


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MBA Cautiously Optimistic Annual Convention Will Be Held in Chicago

May 29, 2020
Yemeng Yang

Conferences, exhibit halls and the sponsorships that go along with them are an important source of revenue for many trade groups...


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Mr. Cooper Discloses a Whopping 300 BP GOS for 2Q20

May 28, 2020
Paul Muolo

Industry consultant Paul Hindman called the profit margin news from Mr. Cooper "phenomenal."


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Fannie Secures Front-End CIRT on $40 Billion in SF Loans

May 28, 2020
Dennis Hollier

Fannie said 20 companies participated in the CIRT transaction...


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New GSE Capital Rule Too Conservative for Investors?

May 28, 2020

Among the critics of the newly issued capital framework: Don Layton, Freddie Mac's former CEO...


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Jumbo Mortgage Market Took It On the Chin in 1Q20

May 28, 2020
John Bancroft

Wells Fargo led the jumbo pack in 1Q20 but its volume fell 23.1% on a sequential basis...


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Latest Imf News

  • Pulte Orders VS4 Rollout, Considers Bi-Merge for GSEs

  • Castlelake and Redwood Bring First Joint Jumbo MBS

  • Pending Inflation Reading Key for Rates With Jobs Market Resilient

  • Bank Holdings of Residential MBS Tick Up in 2Q

More Imf News

Featured Data

  • Slowing Refis Drag on Ginnie Issuance in July

  • Chase Non-Agency RMBS Servicing Rebounds in 2Q

  • Fitch Retains Top Ranking in MBS & ABS Ratings in 2Q

  • Refis Trail Off in 2Q, Purchase Lending Slightly Ahead of 2025

More Featured Data

Featured Reports

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Lender Profiles 1Q26: Top 25 (PDF)

  • Mortgage Profitability Report 1Q26 (PDF)

  • Top Mortgage Players: 1Q26 (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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