Commercial MBS Issuance Declined Slightly in 2018 January 25, 2019 John Bancroft The flow of multifamily mortgages into non-agency CMBS actually rose slightly in 2018, including a burst of activity in the fourth quarter.Read More
House Banking Chair Waters Wants Answers from FHFA’s Otting on His GSE Reform Plans January 25, 2019 Paul Muolo In mid-January, in a speech to FHFA staffers, Otting vowed to make administrative changes to the GSEs but offered no time table or details...Read More
An Administrative Plan to Reform the GSEs Imminent? January 24, 2019 Paul Muolo The spokeswoman stressed that Otting did not mention Congressional approval, a timeline or "discuss any details of the plan.”Read More
CHLA Anxious About What Ginnie Mae Might Do January 24, 2019 Paul Muolo CHLA adds that “enhanced” supervision should focus on Ginnie Mae's largest issuers...Read More
A Profit Decline for Top-Ranked Warehouser Texas Capital January 24, 2019 Paul Muolo Mortgage finance assets comprise 32.0 percent of Texas Capital's asset base...Read More
Short Takes: Bob Ryan Staying Put at FHFA / Treasury Likes Moelis? / 24 Million Banking and Mortgage Documents Exposed? / Something to Worry About / Not Collecting a Paycheck at Ginnie January 24, 2019 Paul Muolo Will the Moelis plan be the one?Read More
Fate of the GSE ‘Patch’ Undecided Despite its Importance January 23, 2019 Dennis Hollier Joe Pigg of the American Bankers Association is among those expressing concern about the high DTIs of loans under the GSE patch…Read More
Nonbanks Step Up Efforts with Non-Agency Products January 23, 2019 Brandon Ivey More nonbanks, including the top-ranked PennyMac, are growing comfortable with non-QMs…Read More
IRS Confirms that Lenders Are Eligible for New 20 Percent Deduction (in Some Instances) January 22, 2019 Brandon Ivey The IRS, however, doesn’t address whether lenders that purchase mortgages are eligible for the deduction.Read More
Don’t Look Now but Jumbo LTVs are on the Rise: 76 Percent and Climbing… January 22, 2019 Brandon Ivey However, the rise in the LTV ratio occurred as issuance volume declined…Read More
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