Inside Mortgage Trends

Mortgage Repurchases Up Sharply In Third Quarter, Bank Data Show

Bank repurchases of mortgage loans jumped sharply to record levels in the third quarter of 2009, according to a new analysis by Inside Mortgage Profitability. Commercial banks reported a total of $7.18 billion in mortgage repurchases during the third quarter, more than double the previous record for a three-month period. That was up nearly... [Includes one chart and one graph] Read More

AmTrust Is Fourth-Largest Bank Failure in ‘09

AmTrust Bank – a leading player in the wholesale broker market and one of the largest privately-held companies in the mortgage banking business – last week became the fourth-largest bank failure of 2009.The Cleveland-based institution was seized by its regulator, the Office of Thrift Supervision, after failing to dig itself out of problems that stemmed largely from its involvement in real-estate... Read More

FHA Lender Changes Could Alter Landscape

The Department of Housing and Urban Development is taking the stance that major changes to FHA lender liability and accountability will not have a significant economic impact, but industry experts say the moves signal the transfer of risk from the government to the lender community. HUD late last month followed through on previously announced proposed changes to correspondent status... Read More

OTS Presses Thrifts on Loss Accounting

With mortgage credit quality continuing to deteriorate, thrift examiners are finding more institutions that are not properly accounting for loan losses or impairment, according to federal regulators. “Examiners continue to identify situations where institutions have not provided for timely chargeoffs of nonperforming loans or other-than-temporary impairment of investments or established an adequate... Read More

State Waivers Provide Breathing Room for MIs

Key domicile states are helping private mortgage insurers get back on their feet by showing some flexibility on minimum regulatory capital requirements. Wisconsin, Arizona, North Carolina and California have taken either regulatory or legislative actions granting their insurance departments discretion as to whether a mortgage insurer may continue writing new business if... Read More

Profitability Briefs

TransUnion’s latest annual credit forecasts indicate national mortgage loan delinquencies will drop almost 300 basis... Moody’s Analytics recently made available its new Structured Finance Workstation Online, a technology it characterized... Mortgage Harmony Corp. has signed an agreement with 1st Commonwealth Bank of Virginia that makes the bank the first... Read More

December 11, 2009

View Archived Issues

Mortgage Repurchases Up Sharply In Third Quarter, Bank Data Show

AmTrust Is Fourth-Largest Bank Failure in ‘09

FHA Lender Changes Could Alter Landscape

OTS Presses Thrifts on Loss Accounting

State Waivers Provide Breathing Room for MIs

Profitability Briefs

Latest Imf News

GSE Deliveries by Top Players Decline in November

Fed’s Rate Cut Not Expected to Help Mortgages Much

GSEs Update Guidelines Tied to Fraud

SG Capital Partners Returns as Expanded-Credit MBS Issuer

Featured Data

Refis Lift Agency MBS to Three-Year High in November

Broker Channel Regains Some Share in Third Quarter

Nonbanks Post Small Drop in Mortgage-Banking Income

Bank MSR Portfolios Shrink Slightly, Valuation Strong

Featured Reports

Lender Profiles 2Q25: Top 25 (PDF)

GSE Repurchase Activity: Cumulative to Second Quarter 2025 (PDF Format)

Mortgage Profitability Report 2Q25 (PDF)

IMF HMDA Dashboard: 2024

Featured Poll

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