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GSEs Choose Wall Street Bluebloods as ‘Re-IPO’ Advisors

June 16, 2020

In a statement, JPM CEO Jamie Dimon – no big fan of the mortgage industry – said he is “pleased” his company was selected as Freddie’s underwriting advisor.


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FHFA to Re-Propose Financial Eligibility Requirements

June 15, 2020
Dennis Hollier

So far, the industry response has been positive, with a thumbs up coming from CMLA...


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Despite the Pandemic, First-Time Homebuyers Remain a Force

June 11, 2020
John Bancroft

The flow of first-time buyer loans was up 20.0% from the first five months of 2019...


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The GSEs’ ‘Re-IPO,’ Not Exactly a Slam Dunk

June 8, 2020
Dennis Hollier

To some, the rule's $243 billion minimum leverage capital requirement means the GSEs can’t generate enough profits to attract investors...


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The MBS Records Keep Coming. YTD Issuance at a Stunning $963 Billion

June 5, 2020
Paul Muolo

All three agencies recorded declining purchase-mortgage volume...


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Short Takes: When Unemployment Feeds Forbearance / More on Freddie’s New CFO / Freedom’s MSR Financing Line / Impac’s New Subsidiary / Moving Back a Convention

June 4, 2020
Paul Muolo

The new unemployment report from Uncle Sam is out Friday morning. It will not be pretty...


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The Refi Tally for 1Q20 More Than Triples to $403 Billion

June 4, 2020
John Bancroft

But the first quarter was just a prelude to the crescendo of refinance activity in April and May. A whopping $323.4 billion of refi loans were securitized by the GSEs and Ginnie during the past two months...


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MBA’s Reading on Ginnie Forbearance Inches Closer to 12%

June 1, 2020
Paul Muolo

Black Knight estimates that based on its reading of May 26, MBS servicers need to advance $3.6 billion a month to investors in government MBS on forborne loans and an additional $1.5 billion for real estate taxes and insurance.


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Corporate Landlord IH Reports Strong Rent Collections, High Occupancy Rates

June 1, 2020
Paul Muolo

Originally grubstaked by Wall Street and once the recipient of a large loan from Fannie Mae, the REIT saw the average occupancy rate of its SF units increase to a record-high 97.5%...


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Short Takes: Anxious About the Self-Employed? / Two Bank Statements Required / A Very Fortunate Industry? / When A Borrower Loses Their Job / The SOFR Playbook

May 29, 2020
Paul Muolo and Dennis Hollier

How worried should lenders be about the self-employed and small business owners?


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Latest Imf News

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Featured Data

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