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The Game Continues: CFPB’s Cordray Sounds Like a Politician to Some, but Others Doubt He Will Run

September 25, 2017
Thomas Ressler
To some, CFPB Director Richard Cordray does not sound like a candidate…
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As GSE ‘Zero Capital Day’ Approaches, Hurricane Damage Looms Large?

September 25, 2017
Paul Muolo
FHFA Director Mel Watt is concerned about zero capital, but has not yet given any public indication he will do something about it...
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GSE Seller Buybacks Edged Higher in 2Q17, but YOY…

September 25, 2017
John Bancroft
All of the uptick in seller buybacks came from Fannie, where repurchases surged 21.5 percent from the first to the second quarter.
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Angel Oak Projects $1.1 Billion in Non-QM Production This Year

September 25, 2017
Paul Muolo
Angel Oak expects that production by its wholesale arm will grow by 62.8 percent this year.
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Liquidity for ‘Structured Products’ the Best Ever?

September 25, 2017
Brandon Ivey
Some investors, such as Charles Schwab Bank, are having trouble finding bonds to buy…
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Another Ginnie Mae MSR Package Hits the Market

September 25, 2017
Paul Muolo
Roughly 82 percent of the VA-backed mortgages are interest rate reduction refinance loans or IRRRLs.
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Short Takes: Look for a Boom in 203(h) Loans? / loanDepot Jumps on Board / Don’t Have a 2018 Budget Yet? There’s Still Time / Better than Expected Originations / Waiting on Godot – and Cordray to Make Up His Mind

September 25, 2017
Paul Muolo
In general, 2017 is turning out to be a better year than many originators expected...
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MBS Market Plugging Along, Banks and Overseas Buyers Top Investors in 2Q17

September 22, 2017
John Bancroft
Commercial banks were one of the most active buyers of residential MBS during the April-June cycle...
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Non-Agency MBS Issuance Constrained by a Lack of Supply

September 22, 2017
Brandon Ivey
Matt Nichols, CEO of Deephaven Mortgage, a company that has issued nonprime MBS in recent years, said the main impediment to nonprime MBS is supply.
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Trade Groups Tell Treasury and FHFA: Legislation for GSE Reform, No Recap and Release

September 22, 2017
Paul Muolo
In a research note published Friday, Cowen & Co. notes the letter is an indication these groups believe allowing the GSEs to retain capital will prolong the conservatorships.
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Latest Imf News

  • FHA Mortgages Push Agency MBS Delinquency Rate Higher

  • Lower Interest Rates Boost Refis, Prepayments

  • Investor Demand Helps Drive Down Rates on DSCRs

  • Expanded-Credit MBS Issuance Picks Up Pace

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Featured Data

  • Rocket/Mr. Cooper Top UWM With GSE Deliveries

  • Lenders Shift GSE Business to Higher Quality in Fourth Quarter

  • Agency Refi Business With MI Spikes in Fourth Quarter

  • RMBS Issuance Ends Banner Year With Modest Decline

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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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