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Cowen: Trump Will Have Trouble Replacing Cordray as Head of the CFPB

December 27, 2016
If Trump wants to get rid of Cordray, he will have to fire him “for cause,” says Cowen analyst Jaret Seiberg.
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Share of Loans that Close on Time Increasing

December 27, 2016
Brandon Ivey
Other loan types also generally showed improved closing times.
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Treasury Department Officials: Obama Supports ‘Explicit’ Guaranty on a ‘Defined Class’ of MBS

December 27, 2016
Carisa Chappell and Paul Muolo
Some GSE observers believe an “implicit” guaranty is the same thing as an “explicit” one…
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Short Takes: Gone for Now: Really Low Rates and No Points / Tracking the Yield on the 10-Year / Why Home Price Gains May Taper Off / Nonbanks Get FHFA’s Approval

December 27, 2016
Carisa Chappell and Paul Muolo
“Home prices cannot rise faster than incomes and inflation indefinitely.” – David Blitzer, managing director of the index committee at S&P Dow Jones.
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Broker Market Share of Jumbo Production Slips in 3Q16

December 22, 2016
Brandon Ivey
The retail channel accounted for 91.7 percent of Wells Fargo’s jumbo production during the first nine months of 2016…
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CBO Says Fannie and Freddie Should Raise G-Fees

December 22, 2016
Carisa Chappell
Reducing subsidies also would help renew private sector participation in the secondary market, the Congressional Budget Office believes…
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‘Corker-Warner’ Co-Author Michael Bright, A Candidate for the Ginnie Mae Job?

December 22, 2016
Paul Muolo
This summer, Bright co-authored a GSE white paper with former Federal Housing Finance Agency Director Ed DeMarco…
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Freddie Issues its First CRT Securitization Backed by Seasoned Mortgages

December 22, 2016
Brandon Ivey
The mortgages in the CRT deal have seasoned for an average of 10 years and are serviced by Select Portfolio Servicing.
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Fitch Ranked Tops in Rating Non-Mortgage ABS During First Nine Months of 2016

December 22, 2016
John Bancroft
Fitch had a 55.3 percent share of the ABS ratings market through September...
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Short Takes: Another Nonprime Lender Gets Rated / MorVest Wraps Up GSE MSR Auction / PennyMac’s Financing Deal / A Bright Idea and Others / BB&T Names New Prez / A Short Publishing Break for IMFnews

December 22, 2016
Paul Muolo
Another non-agency lender has received a rating from Fitch: Angel Oak Home Loans...
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Latest Imf News

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Featured Data

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Featured Reports

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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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