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HECM Production Up Almost 26 Percent in First Half of 2017

September 18, 2017
George Brooks
Despite increased originations, FHA data show HECM production, in general, has been on a gradual decline for several years…
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A Growing Problem: VA ‘Rapid’ Refis

September 18, 2017
George Brooks
Acting Ginnie Mae President Michael Bright confirmed the resurgence of inappropriate streamline refinancing in securitization pools, promising a crackdown…
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CFPB Official Tells ABS East Attendees: Show Us Data on How Consumers Have Been Harmed

September 18, 2017
Brandon Ivey
“We want to know if there are impediments because of our rules,” said CFPB Policy Analyst Patrick Orr…
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Prestwick Selling $1.8 Billion Bulk Fannie/Ginnie MSR Portfolio

September 18, 2017
Paul Muolo
The Fannie balance of the pool accounts for $1.33 billion of the receivables.
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Nonbank Lenda Gets Backing of $5.25 Million

September 18, 2017
Sherry Muolo
Lenda originally began as a refinance provider in 2013…
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Short Takes: MBA Wants a Change in HUD Reinspection Policies / Having an FHA Commissioner Might Help / Montgomery Resigns from Radian Board / DBRS Updates Due Diligence Criteria / A New Hire for Mortgage Network

September 18, 2017
Paul Muolo, George Brooks, and Brandon Ivey
The FHA nominee had been a Radian director since 2012…
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Interest in Mortgage Tech Heats Up

September 14, 2017
Paul Muolo
Blend announced a stunner – it had raised $100 million in “Series D” funding…
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Treasury Taking Meetings on GSE Issues, Including Zero Capital and Multiple Guarantors

September 14, 2017
Paul Muolo
Rob Zimmer, a former Freddie Mac executive: “Republicans run this town, obviously, and there is no way they want to be identified as the party of taxpayer bailouts for large financial institutions.”
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Short Takes: Patenaude Finally Gets Senate Approval to be the #2 at HUD / Acting Ginnie Chief Vows Progress on VA Refi Abuses / Radian Readies Huge Note Sale / A New Hire for eOriginal

September 14, 2017
Paul Muolo
Radian inked a deal with Wall Street underwriters this week to sell $450 million of senior notes due in 2024...
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CHLA Underscores Importance of Nonbanks

September 14, 2017
George Brooks
Nonbank lenders rely on their own capital and on warehouse loans to fund loans, rather than federally insured deposits...
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Latest Imf News

  • Rocket Cuts Wholesale Pricing, Aims for UWM Brokers

  • FHA, VA Lending Up Sharply in First Half of Year

  • House Republicans Introduce Bill With Major Reforms to CFPB

  • Ishbia Expects Changes Around Edges for GSE LLPAs, TRID

More Imf News

Featured Data

  • Slowing Refis Drag on Ginnie Issuance in July

  • Chase Non-Agency RMBS Servicing Rebounds in 2Q

  • Fitch Retains Top Ranking in MBS & ABS Ratings in 2Q

  • Refis Trail Off in 2Q, Purchase Lending Slightly Ahead of 2025

More Featured Data

Featured Reports

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Lender Profiles 1Q26: Top 25 (PDF)

  • Mortgage Profitability Report 1Q26 (PDF)

  • Top Mortgage Players: 1Q26 (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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