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Home » Topics » News » IMFnews

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Roughly 26 Percent of Home Lenders are Using AI, Machine Learning

October 11, 2018
Brandon Ivey
Use of artificial intelligence seems to be concentrated at nonbanks…
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Mortgage Insurance Firms Gained Market Share in 3Q18

October 11, 2018
John Bancroft
On a year-to-date basis, the volume of private MI loans delivered into GSE MBS was up 9.8 percent from the first nine months of 2017…
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More REITs Eyeing the Non-QM Sector. A Large MBS Deal in the Works?

October 11, 2018
Paul Muolo
MFA CEO Craig Knutson said he’s pleased the REIT has “gained traction on these new acquisition efforts, which involve relationships cultivated over the past year or more.”
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Invitation Homes Prepays Part of Loan from JPMorgan Chase

October 11, 2018
Paul Muolo
Next Thursday, the Senate Banking Committee will hold a hearing on GSE pilot programs…
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Mortgage Rates Near 5 Percent. Analyst Habib Says Keep an Eye on the 10-Year Treasury

October 11, 2018
Paul Muolo
Habib told IMFnews that if yield on the benchmark breaks 3.25 percent it could quickly shoot up to 3.63 percent…
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Mortgage-Hungry Insurance Conglomerate Eli Global Hits the Pause Button. Founder Subject of Grand Jury Investigation

October 11, 2018
Over the past two years, insurance conglomerate Eli Global has been quietly vetting mortgage companies for purchase, occasionally striking deals while appearing hungry for more. But now, the company is taking a major pause after news broke that Founder and Chairman Greg Lindberg will be the subject of federal grand jury testimony in Charlotte, NC, next week.
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Short Takes: Why Stocks Need to Come Down / Unwinding the Massive Tax Cuts / President Hickenlooper? / Capital Alpha Weighs In / Behind the Scenes at Wells Fargo / New Hires for DIMONT

October 11, 2018
Brandon Ivey and Paul Muolo
The massive tax cuts the president and GOP bestowed on the nation late last year have spurred economic progress. It’s hard to argue with that, but...
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GSEs on Track to Start Issuing Single Security in June, Additional Guidance Pending…

October 10, 2018
Brandon Ivey
Stephanie Miller of Fannie Mae said the GSEs are working with SIFMA on the transition to the single security.
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Wells Fargo is Back! Megabank Launches First Post-Crisis Non-Agency MBS

October 10, 2018
Brandon Ivey
New nonagency deals are pending from loanDepot and New Residential as well…
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Flagstar Hires New American Exec as its National Production Manager

October 10, 2018
Paul Muolo
The SVP/national production manager slot is a new position at Flagstar…
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