MBA Calls for Clarifications on Ginnie's Digital Mortgage Effort December 26, 2019 George Brooks Some of the provisions in Ginnie's proposed Digital Collateral Guide have the potential to create unnecessary strains on issuers, according to the MBA.Read More
Ginnie Mae Bares Findings of Liquidity Meetings with Top Issuers May 20, 2019 George Brooks Liquidity doesn't appear to be an issue among the top nonbank issuers of Ginnie Mae MBS, according to a new report from the agency.Read More
A Weak Start for Ginnie MBS Issuance April 16, 2019 John Bancroft Ginnie production hadn’t been that low since the second quarter of 2014...Read More
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...Read More
Loan Brokers Making Inroads in FHA/VA Lending April 1, 2019 John Bancroft The broker share of the market increased to 13.2% for all of last year…Read More
Short Takes: What Happened to the GSE Rally? / Time for Treasury to Hire an Advisory Firm? / Trump Serves Notice to HUD as Well, HECMs a Big Concern / Where Did All the Senators Go? / Hugh Frater’s Other Job March 28, 2019 Paul Muolo and Yemeng Yang President Trump is concerned about the HECM program...Read More
Guess What? The Federal Reserve is No Longer No. 1 in MBS Holdings March 22, 2019 John Bancroft The Federal Reserve's MBS leakage began in 2017…Read More
FHA Lenders Can Opt for Third-Party Verification March 22, 2019 George Brooks The new guidance applies to all FHA forward mortgages and HECMs…Read More
Agency Servicing Grows in 4Q18 but Banks Say No to the Party March 21, 2019 John Bancroft The only soft spot was in the servicing for non-agency mortgage-backed securities…Read More
GNMA MBS Production Down Sharply in February March 18, 2019 John Bancroft Much of the reduced refi business resulted from a 14.8% drop in cash-out transactions...Read More