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Home » Topics » IMFnews » Regulatory

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About Those GSE Volume Discounts…

November 8, 2019
Dennis Hollier

The GSE regulator said later on he found out that “lender A and lender B” were getting a different set of terms…


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Short Takes: Nine Out of 10. Not Bad / Wringing Their Hands at FSOC / Risk? / Plaza Home Rolls Out New Reverse Product / A ‘Unique’ MBS from PIMCO

November 7, 2019
Paul Muolo and Brandon Ivey

So now the big question: Are nonbanks really that risky when compared to depositories? A few decades ago, Congress had to bail out the savings and loan industry to the tune of $150 billion.


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HomeStreet Fined by FDIC for RESPA Compliance Issues

November 7, 2019
Brandon Ivey

HomeStreet was faulted for paying mortgage referrals to real estate brokers and homebuilders...


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An Upbeat Projection for the Pending FHA MMIF Actuarial Audit

November 7, 2019
George Brooks

Consultant Brian Chappelle credits FHA for taking action earlier in the year to stop risk layering on borrowers with lower credit scores.


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Short Takes: In Praise of Current GSE Management / Sharp Elbows When it Came to Lobbying / Awaiting a Revival? / One is the Loneliest Number (Stock Analysts) / New MBS from Redwood, New Rez / Stearns Exec Finds New Job

November 6, 2019
Paul Muolo and Brandon Ivey

If Fannie and Freddie are in fact released from conservatorship will they quickly rebuild their lobbying shops?


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Is Trump Pondering a Ginnie Mae Pick? Or Something Else?

November 6, 2019
Paul Muolo

“Acting” is a title worn by many political appointees in the current administration…


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Short Takes: Time to Raid Your Competitor for LOs? / Watching Rates Rise / Apple Unveils Mortgage Assistance Program / IMA Selling S&D Loans / NAR Hires HUD Official, Deephaven Taps Quicken AE

November 5, 2019
Paul Muolo and Brandon Ivey

In case you haven’t noticed, the yield on the benchmark 10-year Treasury was at 1.86% as IMFnews went to press compared to 1.46% in early September. That’s a difference of 40 basis points…


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HUD Seeks Comment on Proposed Loan Level Certifications

November 5, 2019
George Brooks

HUD’s addendum to the Uniform Residential Loan Application form is being revised to reflect regulations, ensure accuracy of borrower information, reduce lender uncertainty and maintain FHA’s ability to enforce program requirements.


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The Toll for Exiting (GSE) Conservatorship: $200 Billion Should Do It

November 4, 2019
Dennis Hollier

Freddie CEO David Brickman: “The ability to absorb that risk is largely a function of how much capital you’ve got, and we have very little.”


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What We’re Hearing: FHFA’s ‘Volume Discounts’ Mystery / Yearning for the 3-6-3 Days / Hatching a GSE Acquisition Plan (A History Lesson) / A Nice Profit for Mr. Cooper

November 1, 2019
Paul Muolo and Dennis Hollier

The FHFA declined to single out which GSE it was talking about...


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