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HUD IG Throws Nonbanks Overboard in New Audit, Blames Ginnie for Inadequate Supervision

September 26, 2017
Paul Muolo
Ginnie Mae took umbrage at the IG’s findings, saying it was aware of the market share shift to nonbanks in 2012 and was already taking action…
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In Hurricane-Ravaged Areas, Ginnie Loosens Buyout Guidelines for Problem Loans

September 26, 2017
Paul Muolo
The new Ginnie Mae buyout authority expires March 31 of next year…
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Redwood Quickens Pace of Jumbo MBS Issuance; Deal Volume Doubles

September 26, 2017
Brandon Ivey
Kroll Bond Rating Agency assigned AAA ratings to the deal.
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Short Takes: Hurricane-Damaged MSR Deals? / FHA MF and Warehouse Lender Files to go Public / MBA Hires a Legend (Named Legend) / Nationstar Issues HECM Backed by ‘Inactive’ Collateral / Don’t Pass the Hat for Equifax’s Newly Departed CEO

September 26, 2017
Brandon Ivey and Paul Muolo
The Mortgage Bankers Association is projecting that more than 4,600 residential finance professionals will attend its annual convention in Denver next month.
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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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Latest Imf News

  • Ginnie Issuance Declines in First Quarter, Refis Steady

  • Housing Shortage Less Acute With Changes in Economy

  • HUD Official Clashes With Fair Housing Advocates

  • Applications for Purchase Mortgages Trailing 2025 Level

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)

  • GSE Repurchase Activity: Cumulative Through Fourth Quarter 2025 (PDF Format)

  • IMF Mortgage Directory: Full interactive database

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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