Cart

Inside Mortgage Finance

February 10, 2011

View Archived Issues

Obama Administration Reportedly Leaning Toward Smaller GSE Role in Mortgage Market

The odds-makers say the Obama administration’s long-awaited white paper on mortgage finance reform – now expected to be released late this week – will endorse a smaller, more explicitly defined role for the government in the secondary mortgage market. But the report is expected... Read More

Mortgage Underwriting Standards Likely to Remain Stiff in Response to Repurchase Risk

The pendulum may never swing back from the dramatic tightening of residential mortgage underwriting standards that took place after the housing market collapsed three years ago, according to industry experts speaking at the annual conference of the American Securitization Forum. The shift likely reflects... Read More

Analysts Commend BofA’s Actions to Strengthen Core Businesses, Ease Impact of Legacy Liabilities

Wall Street analysts are applauding a series of actions taken by Bank of America recently to refocus its core businesses and reduce its risks and liabilities, including splitting its mortgage division to create a new servicing unit to handle foreclosures and toxic mortgages. Analysts agree... Read More

As Congress Begins Housing Finance Reform Quest, Analysts Suggest Ways to Shutter Fannie, Freddie

The GOP-controlled House Financial Services Committee this week formally kicked off its efforts to overhaul the mortgage finance system by calling on conservative and libertarian policy experts for ideas as to what to do with Fannie Mae and Freddie Mac along with proposals on how best to improve the rest of the marketplace. National think tank types responded... Read More

Lenders Look to Fannie and Freddie AUS To Hedge Against Repurchase, Say Experts

Using the automated underwriting services provided by Fannie Mae and Freddie Mac provides some protection against mortgage repurchase risk, but it by no means offers complete immunity, industry experts say. Since the collapse of the mortgage market, record-high defaults and foreclosures have resulted... Read More

Industry Groups Accept Expanded Anti-Fraud Reporting Mandate But Suggest Improvements

Mortgage industry groups generally welcomed the Treasury Department’s proposal to expand Financial Crimes Enforcement Network reporting requirements to non-bank lenders, but they questioned why the agency is deferring action on certain non-lender participants in the mortgage process. In December, Treasury called... Read More

California Still Tops in 2010 GSE Market

Nearly 23 percent of single-family mortgages securitized by Fannie Mae and Freddie Mac last year were on properties in California, the largest source of business for the two government-sponsored enterprises. GSE lending was down...[Includes one data chart] Read More

Latest Imf News

More Imf News

Featured Data

More Featured Data

Featured Reports

More Latest Reports

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?

View Results