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HMDA: Purchase Share of Jumbos Increased in 2017

June 4, 2018
Brandon Ivey
Meanwhile, Guaranteed Rate, Flagstar and HomeBridge Financial more than doubled their jumbo lending in 2017...
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Ginnie Issues VA Restrictions on Freedom, NewDay and SunWest

June 4, 2018
Paul Muolo
Ginnie said it is issuing these time-sensitive restrictions “in the interest of providing additional clarity and transparency to Ginnie MBS investors…”
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Mortgage Brokers Gain Ground in Government-Insured Market

June 4, 2018
John Bancroft
Correspondent production remained the biggest source of FHA/VA loans, accounting for 53.5 percent of the survey sample…
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Incenter Auctioning Off Corporate Mortgage Shell of SoCal Lender

June 4, 2018
Paul Muolo
The corporate shell includes 27 state licenses…
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Prestwick Selling MSR Portfolio Backed by Healthcare Facilities

June 4, 2018
Paul Muolo
The average loan amount is $10.9 million.
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Short Takes: Will the GSEs and MIs Gain? / A New Call to Cut FHA Premiums / Reverse Market Turns Rosy? / Ellie Mae’s CFO Departs / Where Were You When the Secondary Market Shivered? / A New Hire for MGIC

June 4, 2018
Brandon Ivey and Paul Muolo
Will the new FHA chief cut premiums and end the “life of the loan” premium policy?
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Fannie/Freddie Credit-Risk Transfer Machines Keeping Churning Out New Deals…

June 1, 2018
John Bancroft
The surge in CRT debt issuance came during a time when new MBS production for the GSEs sank by 19.3 percent.
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CFPB to Resume Collection of Private Consumer Data

June 1, 2018
Yemeng Yang
CFPB’s Mick Mulvaney: “Today, after an exhaustive review by outside experts, including a comprehensive ‘white-hat hacking’ effort, we can lift that hold.”
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MountainView Selling $3.6 Billion Fannie Mae MSR Portfolio

June 1, 2018
Paul Muolo
The seller of the portfolio, who was not identified, wants to complete the transaction by July 31.
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The GSEs in Conservatorship: Sure Doesn’t Seem Like It

June 1, 2018
John Bancroft
“We’re partnering with external firms to understand and anticipate their needs,” said Freddie Mac official Kevin Palmer…
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Latest Imf News

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Featured Data

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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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