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Originations
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Short Takes: Profiting from GSE Reform / REO v. OREO / Hey, Did You Know What the Hippocampus Is, Wise Guy? / FHA Recovery Rates Can Vary / Chimera Preps New MBS Deal

May 22, 2019
Paul Muolo

In some reporting circles, OREO stands for "other" real estate-owned...


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Worried About Credit Risk? Stick to Retail

May 22, 2019
John Bancroft

In the first quarter of 2019, the average credit score for retail production was 725.97, 7.3 points higher than the average for correspondent production...


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Trump's Jumbo Lender: Professional Bank. Who?

May 22, 2019
Brandon Ivey
The bank that President Trump received a jumbo mortgage from in 2018 ranked outside of the top 400 originators of jumbo mortgages.
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Mortgage Industry Digests Calabria’s Remarks. No Details (Yet) on Recap & Release

May 21, 2019
Paul Muolo

FHFA Director Mark Calabria: "For instance, we are actively reviewing all recent expansions into new markets and activities to put an end to the era of charter creep."


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To the Rescue of Fannie and Freddie: The Spring Homebuying Season

May 21, 2019
John Bancroft

GSE purchase business totaled $40.5 billion, the strongest reading since November...


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Controversial Fair Lending Chief Quits the CFPB

May 16, 2019
Yemeng Yang

Blankenstein, a political appointee, was hired by former CFPB acting Director Mick Mulvaney to oversee the supervision and enforcement...


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Jumbo Lending Stands Out in 1Q19 Production Slump

May 16, 2019
John Bancroft

Conventional-conforming loans still accounted for over half of total first-lien originations in 1Q19 but volume was down 9.0% sequentially...


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Struggling Ditech Goes Dark on Most Future SEC Filings

May 16, 2019
Paul Muolo
Ditech management is calling it a day on filing 8-Ks, 10-Qs and the like as its shares trade for pennies on the dollar...
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Short Takes: A New Mortgage Benchmark Has Arrived / Next Up for Calabria: the MBS Secondary in NYC / The Chicago Way / A Loss for Cherry Hill, but… / A New Deputy Director at the CFPB

May 15, 2019
Paul Muolo
April was a record month for nonbank mortgage giant Guaranteed Rate...
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NAR Should be Happy: FHFA Will Leave Untouched the 30-Year FRM, Loan Limits

May 15, 2019
Paul Muolo
Next up for Calabria: A policy speech before the Mortgage Bankers Association...
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Latest Imf News

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