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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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What We’re Hearing: A Mortgage Sea Change for JPMorgan Chase? / Dimon Beats Up on Nonbanks (Again) / Kumbaya on Loan Brokers? (Not Likely) / Calabria’s First Move? / IMA Selling Bulk MSR Portfolio / Layoffs at Ditech Financial

April 5, 2019
Paul Muolo
Who knows – maybe Dimon will once again embrace doing business with loan brokers...
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Senate Confirms Calabria as Next FHFA Director. His First Move?

April 4, 2019
Paul Muolo and Dennis Hollier
Although Fannie and Freddie were taken over by the government in the fall of 2008, the two have been wildly profitable – with a few bumps along the way – since 2012.
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Calabria Vote Could Be This Week

April 3, 2019
Dennis Hollier
A handful of Democrats could cross party lines and vote for the FHFA nominee...
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Short Takes: Tennessee Bank Exiting Third-Party Production / Plaza Home Expands Non-QM Offerings / 23 Groups Want Expedited Vote on FHFA Nominee / Calabria Knows the Risks / The Signors Are…

April 2, 2019
Paul Muolo and Brandon Ivey
The letter does not specify what these new policies might be. Some type of administrative reforms, perhaps?
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Look Who’s Jumping Into the Non-QM Pool: JPMorgan Chase

April 2, 2019
Brandon Ivey
Up until now, JPMorgan has focused on securitizing QMs…
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For Sale: $700M of ARMs. The Seller: A Credit Union

April 1, 2019
Paul Muolo
All of the loans are being sold servicing-retained...
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Commercial Bank Reliant Jumps into the Non-QM Pond

March 29, 2019
Paul Muolo
At first, Reliant Bank will be an aggregator…
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What We’re Hearing: President Trump and GSE Reform / The NEC and Treasury, Cheek-to-Cheek on Fannie and Freddie? / Time to Hire an Investment Banker / Tim Who? / Altisource Unloads a Division / Odeon Hires Bove

March 29, 2019
Paul Muolo
Wells Fargo ranks first among home lenders and servicers – and with or without Tim Sloan, that’s not likely to change anytime soon…
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Nonbanks Conquer Larger Share of New Agency MBS

March 29, 2019
John Bancroft
Nonbanks reached a milestone in 2018: They became the dominant source of new issuance of Fannie/Freddie MBS…
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Crapo’s GSE Plan Praised (More or Less). However…

March 29, 2019
Yemeng Yang
Former GSE regulator Ed DeMarco: “The chairman’s outline captures the consensus elements of prior reform proposals and serves as a solid workable foundation from which to develop legislation.”
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