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IMFnews

June 19, 2018

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A 13.5 Percent Gain for ‘Expanded-Credit’ Originations

Citadel, one of the earliest entrants to the new expanded-credit market, funded $295.0 million of loans in the first quarter, a 19.4 percent sequential increase… Read More

Nine Groups Want Fannie and Freddie to Have a Regulatory-Mandated Capital Restoration Plan

Consultant Joshua Rosner of Graham-Fisher said the letter is significant because it marks the first time that the ICBA has joined with civil rights groups and housing organizations on a GSE-related matter. Read More

Financiers Take an Interest in Non-QM Sector. Cantor Fitzgerald Making the Rounds

At least two foreign-based investment banks are ready to enter the non-QM market... Read More

Ginnie Rolls Out New Metric for Monitoring Issuer Performance

The announcement follows recent administrative actions against three VA lenders that were penalized for cherry picking and refinancing unseasoned loans… Read More

Short Takes: Sen. Warren Will Block CFPB Nominee / Midwestern Humility / Yet More Regulations Proposed for Home Servicers / If Maxine Waters Becomes Chairman… / The GSEs, More Dominant Than Ever?

Sen. Elizabeth Warren: "Now Donald Trump wants her to run the CFPB. I will put a hold on her nomination – and fight it at every step – until she turns over all documents..." Read More

NMIC: Outlook for Housing Market No Longer Positive

It’s the first time since 2010 that the insurance firm has not forecast a positive outlook... Read More

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