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IMFnews

June 4, 2018

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HMDA: Purchase Share of Jumbos Increased in 2017

Meanwhile, Guaranteed Rate, Flagstar and HomeBridge Financial more than doubled their jumbo lending in 2017... Read More

Ginnie Issues VA Restrictions on Freedom, NewDay and SunWest

Ginnie said it is issuing these time-sensitive restrictions “in the interest of providing additional clarity and transparency to Ginnie MBS investors…” Read More

Mortgage Brokers Gain Ground in Government-Insured Market

Correspondent production remained the biggest source of FHA/VA loans, accounting for 53.5 percent of the survey sample… Read More

Incenter Auctioning Off Corporate Mortgage Shell of SoCal Lender

The corporate shell includes 27 state licenses… Read More

Prestwick Selling MSR Portfolio Backed by Healthcare Facilities

The average loan amount is $10.9 million. Read More

Short Takes: Will the GSEs and MIs Gain? / A New Call to Cut FHA Premiums / Reverse Market Turns Rosy? / Ellie Mae’s CFO Departs / Where Were You When the Secondary Market Shivered? / A New Hire for MGIC

Will the new FHA chief cut premiums and end the “life of the loan” premium policy? Read More

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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