IMFnews

October 30, 2018

View Archived Issues

Mortgage Complaints Took a Dive in 3Q18

Wells Fargo once again led the complaint pack… Read More

Fairholme Tells Investors Court Ruling ‘Should Advance’ the ‘Re-IPO’ of Fannie and Freddie

Fairholme adds: “This is good news when you count the cash that Fannie and Freddie have earned and will earn.” Read More

A Possible Problem for Ginnie: Fannie/Freddie MBS Getting an Explicit Guarantee from Uncle

Rob Zimmer, director of external affairs for the Community Mortgage Lenders of America, is in the camp of those worrying about the ramifications… Read More

Digital Footprint Useful for Predicting Loan Defaults

Fun fact: Consumers with their names in the email address were 30 percent less likely to default than other customers. Read More

loanDepot Unveils Warehouse Securitization for Mello Unit

Clayton Services has been hired to conduct due diligence reviews every 90 days on 100 randomly selected loans. Read More

Short Takes: Parity for the FHLBs and FanFred? / Once a Contender / Newfi and Non-QM / Strong Earnings from First American but Anxiety Too / From Alibaba to MGIC

Roughly 40 percent of Newfi Lending’s current loan volume entails the origination of mortgages that do not meet the qualified mortgage test. Read More