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Home » Topics » IMFnews » Regulatory

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Moving Non-Agency MBS to LIBOR Difficult

September 10, 2019
Brandon Ivey

Trustees will be key players in facilitating a transition from LIBOR to a new reference rate for adjustable-rate mortgages.


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Smaller Lenders Push for Higher DTI in QM

September 9, 2019
Yemeng Yang

Highlands Residential Mortgage COO suggests the CFPB raise the DTI ratio to 45% to accommodate borrowers who have a proven track record of responsible credit management.


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Short Takes: HUD's Reform Plan / Higher Capital Requirements? / Ginnie Targets Another Lender / CFPB v. Ocwen Update

September 6, 2019
Brandon Ivey
HUD called for consideration of limiting certain FHA lending activities and increasing capital requirements...
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Short Takes: GSE Base Pay Ruminations / Bonus Money / Syracuse Securities Calls the Mortgage Business ‘Unforgiving’ / An MSR Milestone for TruStone / True GSE Reform: In Congress’ Court

September 5, 2019
Dennis Hollier and Paul Muolo

Syracuse Securities calls the mortgage business "unforgiving and highly competitive." That sounds about right...


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Ditech’s Investment Banker, a Candidate for GSE Advisory Work?

September 5, 2019
Paul Muolo

Currently, one of Houlihan Lokey's biggest mortgage-related assignments involves the liquidation of assets belonging to megaservicer Ditech Financial, which is operating under bankruptcy protection...


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Comments Pouring In: What to Do About the QM Patch?

September 5, 2019
Brandon Ivey

The HFPC said mortgage rates reflect credit risk more holistically than DTI ratios…


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Big Questions Regarding Treasury’s GSE Plan: When Does the Sweep End? The 79.9% Stake?

September 4, 2019
Paul Muolo

One former Freddie Mac executive told IMFnews: “But the really big question is what Treasury plans to do with its 79.9% ownership stake.”


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Short Takes: When In Doubt, Go With the Third-Party Valuation / When IOs Suffer in Value / After the Refi Boom is Gone / Don’t Forget About Ginnie / GR Hires New VP

September 3, 2019
Paul Muolo

The big question: What happens when this refi boom ends? Is it too early to ask?


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IO HECM Bonds at Center of Massive FHA Fraud Indictment

September 3, 2019
Paul Muolo

Charges also were filed against former Live Well executives Eric Rohr and Darren Stumberger who entered a guilty plea in the case late last week and are now cooperating with investigators.


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Short Takes: Waiting for Godot (and Treasury’s GSE Plan) / Underwhelming? / New Capital Requirements? When? / The Ups and Downs of Non-QM MBS Issuance

August 30, 2019
Paul Muolo and Brandon Ivey

Here’s what won’t be in the Treasury plan: The new Fannie/Freddie capital requirements, a document the Federal Housing Finance Agency is working on…


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