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IMFnews

September 6, 2018

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First-Time Buyers Continue Gaining Share in Red-Hot Purchase Market; PMIs Step Up…

The nation’s PMIs have made a significant dent in the first-timer market, insuring a greater volume of mortgages guaranteed by Fannie and Freddie… Read More

Fannie Mae Hires Ex-FGMC CEO Andy Peters as ‘Strategy Advisor’

Peters departed First Guaranty Mortgage Corp. earlier this year... Read More

Latest Nonprime MBS from Lone Star (Caliber) Stocked with Purchase Mortgages, FRMs

The weighted-average coupon is 6.50 percent. Read More

Freddie CEO Don Layton Announces His Retirement. (Good Luck Finding a Successor)

Finding a suitable candidate could prove difficult because of a $600,000 salary cap placed on the position by Congress back in 2015. Read More

In His Waning Days as HFSC Chairman, Hensarling Introduces New GSE Reform Bill. (Yes, Really)

One housing lobbyist dismissed the bill as misguided, adding: “This is like someone laying on their death bed after drinking and sinning and finally realizing they need to get baptized.” Read More

Short Takes: Jeb, Tell Us What You Really Think About Fannie and Freddie / AIG’s New Jumbo MBS / Judge Kavanaugh and the CFPB / Elusive Indeed / A Promotion at Freddie

Never one to mask his complete disdain for Fannie Mae and Freddie Mac, Rep. Jeb Hensarling let it rip... 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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