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FHFA Adds Language-Preference Question to New Loan Application Despite Industry Opposition

October 30, 2017
Carisa Chappell
The wording of the language-preference question first tells borrowers that their loan transaction is likely to be conducted in English but gives them the option of selecting one of six languages: English, Chinese, Korean, Spanish, Tagalog, and Vietnamese…
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New Fannie Mae Survey: Humans, Not Robots Preferred

October 30, 2017
Paul Muolo
Also, lender websites don’t seem to sway consumer choices very much…
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FHA/VA Delinquencies Continue Climbing in 3Q17 While Servicing Grows

October 30, 2017
John Bancroft
Some 6.03 percent of FHA loans were 30-to-60 days past due as of the end of the third quarter, up from 4.51 percent in June.
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NAHB Turns Against GOP Tax Overhaul After Homeownership Credit is Nixed

October 30, 2017
Paul Muolo
NAHB said by sharply reducing the number of taxpayers who would itemize, “what’s left is a tax bill that essentially eviscerates the mortgage interest deduction…”
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Short Takes: No Retained Portfolio for the GSEs? / A 33 Percent Chance for a Bill / Have a Mortgage Question? Ask a Real Estate Agent First / MIAC Selling Whole Loans / PrimeLending Picks SoCal Manager

October 30, 2017
Paul Muolo
No GSE-retained portfolios in Treasury's plan?
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Nationstar May Hit the Auction Block Soon

October 30, 2017
Paul Muolo
In February, SoftBank agreed to buy Fortress for roughly $3.3 billion in cash.
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Between Multiple Hurricanes and Wild Fires, a Market Develops for a New Breed of ‘Scratch and Dent’ Loans

October 27, 2017
With just over 4.5 million mortgage borrowers potentially affected by hurricanes Harvey and Irma, a secondary market is beginning to develop for mortgages that were originated and closed prior to the storm – but had not yet been placed into a security. According to bidders in the market, the early action focuses on loans that are “stuck” on warehouse lines. But the mortgages cannot be securitized until the property (if damaged) can be brought up to code and re-inspected ...
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Momentum Building for Housing-Finance Reform? Yes, No, Maybe?

October 27, 2017
Brandon Ivey
Joshua Rosner, managing director of Graham Fisher & Co., said his discussions with Trump officials and members of Congress suggest that the administration’s reform principles won’t be released until early next year…
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An Earnings Decline for MSR-Hungry New Residential; Servicing Portfolio Drops as Well

October 27, 2017
Paul Muolo
During 3Q, New Residential agreed to buy $3 billion of “flow” servicing rights from an unnamed seller.
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Fannie, Freddie Credit-Risk Transfer Deals Slowed in Third Quarter

October 27, 2017
John Bancroft
CRT deals may be popular with legislators since they “de-risk” Fannie and Freddie, but over the long haul the transactions reduce profits for the GSEs, or so critics have charged…
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Latest Imf News

  • Borrower Lock-In Easing With Passage of Time

  • Ginnie Issuance Climbs Slightly in January

  • Fannie Economists See Interest Rates Staying Higher for Longer

  • Income and MBS Portfolio Increase at Armour in Fourth Quarter

More Imf News

Featured Data

  • CRE Securitization Rises in 2025 With Agency MF Boost

  • Refi Lending Nearly Doubles in 4Q, Purchase Share Drops

  • FHA Delinquencies Rise to Pandemic Levels

  • Expanded-Credit MBS Issuance Slows in 4Q

More Featured Data

Featured Reports

  • Mortgage Profitability Report 3Q25 (PDF)

  • Mortgage Servicing Rights Report: 3Q25 (PDF)

  • IMF Mortgage Directory: Full interactive database

  • Agency Seller-Issuer Profile: 3Q25 (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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