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Ginnie Mae MBS Production Gains Slightly in January

March 5, 2019
John Bancroft
Ginnie Mae saw a modest increase in issuance of single-family mortgage-backed securities in January, according to an Inside FHA/VA Lending analysis of MBS disclosures ...
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Warehouse Commitments Decline, Usage Rates Plunge

March 5, 2019
Paul Muolo
Warehouse lenders ended the year with $64.0 billion of commitments on their books, a modest 1.4% sequential decline and flat compared to the same period a year ago ...
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First-Time Homebuying Servicemembers Prefer VA Loans, Says CFPB

March 5, 2019
Yemeng Yang
The Consumer Financial Protection Bureau in a new report found that more first-time homebuyers in the military used loans guaranteed by the U.S. Department of Veterans Affairs from 2006 to 2016 ...
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Short Takes: Freddie Mac Invests $61M in Affordable Housing / AMC Acquires a Title Search Firm / Stevens Joins Tech Company / CFPB Kicks Off PACE Financing Rulemaking

March 5, 2019
Yemeng Yang
Freddie Mac on Monday initiated three investments in affordable housing managed by National Equity Fund ...
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Expanded-Credit Production Spikes 20% in 2018

March 4, 2019
Brandon Ivey
Angel Oak and Citadel Servicing Corp. both turned in banner years...
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HECM Production Slowed by Government Closure

March 4, 2019
George Brooks
The HECM carnage was widespread…
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Short Takes: Pondering the Letter Sent to Joseph Otting / Among the Signors… / More MSR Auctions in the Works / MetLife Has a Nice War Chest of Whole Loans / A New Hire at Gateway Mortgage

March 4, 2019
Paul Muolo, Brandon Ivey, and George Brooks
More servicing-related auctions are in the pipeline, including a $2.97 billion Fannie Mae/Freddie Mac portfolio from Phoenix Capital...
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What We’re Hearing: Throwing Down the Gauntlet on Fannie-Freddie Changes / 27 Trades Sign On / Not One Voice of Concern? / Freddie’s MSR Pilot? / Fixing the Broken Companies / Eli Global and Greg Lindberg Back in the News / Busy Being Named a Director

March 1, 2019
Paul Muolo
Is the Senate Banking Committee ever going to hold a hearing on GSE pilot programs?
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How Soon Can the Calabria Vote Reach the Senate Floor? May?

March 1, 2019
Dennis Hollier
One GOP staffer told Inside Mortgage Finance the combination of strong industry support for Calabria, plus the nominee’s “bravura performance” at his confirmation hearing, probably sealed the deal on a quick trip.
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Nonbanks’ Non-QM Acquisition Strategies Differ

March 1, 2019
Brandon Ivey
MFA, on the other hand, is acquiring non-QMs from several unidentified lenders via whole loan acquisitions…
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