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What We’re Hearing: Timing is Everything (GSEs) / Dropping a Bomb / Can Fannie and Freddie Live with Less Business? / A Major Opportunity for Second Liens? / Alarm Bells / MGIC CEO Steps Down

July 26, 2019
Paul Muolo

Steve Harris of MIAC Capital Markets: “I guess this means less risk for the agencies and perhaps more for the private sector."

 


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A New Non-QM MBS From Deephaven

July 26, 2019
Paul Muolo

The presale report notes income on 47.5% of the loans was verified using “alternative methods,” which means personal or business bank statements.


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Non-Mortgage ABS Issuance Sees Modest Increase in 2Q19

July 26, 2019
John Bancroft

Although MBS issuance was strong in the second quarter, ABS deals were less robust...


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Another Bank Enters the Non-QM Arena: Waterstone

July 26, 2019

To date, much of the revival in the new “subprime” mortgage market (non-QM) has been driven exclusively by nonbanks, but that’s beginning to change...


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CFPB Declares the GSE ‘Patch’ Will Expire in January 2021; MBA Issues Statement of Caution

July 26, 2019
Yemeng Yang

MBA worries that if the GSE patch expires without any corresponding reforms to "preserve access to credit," the residential mortgage market will be disrupted...


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Short Takes: What About the GSE Shareholders? / Deal or No Deal? / The Authority to Sell a GSE Charter / Record Revenue for Lending Tree / How Much do Private Mortgage CEOs Earn?

July 25, 2019
Paul Muolo

How much do mortgage CEOs at private firms earn each year? We’ve been asking around of late and the answers we received offer a wide range... 


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HUD Discloses FHA Tech Snafu, Lost Documents and Data

July 25, 2019

To ensure lenders are not adversely impacted by the outage, FHA will make adjustments to response due dates.


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Time to (Seriously) Consider the Public Utility Model for the GSEs?

July 25, 2019
Dennis Hollier

Harvard's Don Layton on creating more competition for Fannie and Freddie: “I have not encountered any knowledgeable people who think it could happen quickly."


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A Blowout Origination Quarter for Home Lenders: A Hefty $565 Billion for 2Q19

July 25, 2019
John Bancroft

Which top-10 home lender had the largest sequential gain in 2Q19? Quicken? UWM? Guess again. It was Freedom Mortgage with 81.9%.


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Money-Losing Altisource Ready to Pull the (Sale) Ripcord?

July 25, 2019

Altisource is headed by William Shepro, who was paid $6.1 million last year. Over the past three years, the CEO took home $15.2 million in total compensation, which includes salary, bonuses, stock and options.


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Latest Imf News

  • Agency Purchase-Mortgage Business Holds Steady in Early 2026

  • Locks for Purchase Mortgages Increase in March

  • Investors Showing Strong Demand for Home Equity Loan Securitizations

  • GSE Policies on Cryptocurrency Unchanged

More Imf News

Featured Data

  • ARM Production Bounces Back in Fourth Quarter

  • Home Equity Loan Originations Decline in Fourth Quarter

  • GSE Seller Buybacks and Unresolved Claims Decline

  • Profits Sag at FHLBanks in Fourth Quarter

More Featured Data

Featured Reports

  • Mortgage Profitability Report 4Q25 (PDF)

  • Agency Channel Analysis: 4Q25 (PDF)

  • IMF Mortgage Directory: Full interactive database

  • IMF HMDA Dashboard: 2024

More Latest 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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