IMFnews

April 4, 2018

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Trouble Brewing for Fannie and Freddie in High DTI Market?

MGIC, Radian, Essent and National MI all announced that they would no longer insure loans with DTI ratios over 45 percent and credit scores below 700… Read More

M&A Market Heats Up: Finance of America Buys Skyline’s ‘Assets’

Finance of America ranked 22nd among all originators in 2017... Read More

FTC Suggests the CFPB May Want to Consider ‘High Level’ Approvals for CIDs

Mortgage lenders that have received civil investigative demands from the CFPB have complained the process can be trying… Read More

MERS Launches Product to Help Lenders ‘Conveniently’ Implement eNotes as Part of Digital Mortgage Process

Simon Moir of eOriginal said eNotes are the most important document in closings of digital mortgages… Read More

Short Takes: Bill Ashmore Working on a Non-QM Startup? / The Mood in New Jersey / The White House Role in Relaxing Standards? / How to Aid in the Construction of Housing / Wells Promotes Hilzendeger to New Mortgage Post

If President Trump – a builder by trade – truly wants to help the housing market by adding inventory he could order the federal government to sell some of its massive holdings of land to builders at dirt cheap prices... Read More