Cart

Inside Mortgage Finance

January 11, 2018

View Archived Issues

With Boost from Refi Business, Private MI Gained Share In 4Q17 Primary MI Market, Agency MBS Data Show

Purchase-money mortgages are the bread and butter in primary mortgage-insurance activity, but refinance loans also played a role in the continuing climb in private MI market share during the fourth quarter of 2017, according to a new Inside Mortgage Finance analysis. Read More

Nonbanks Reclaim Lead in Mortgage Originations and Larger Lenders Generally Took Bigger Share of the Market in 3Q17

Depository institutions had gradually expanded their footprint among the top 100 mortgage lenders over the past year or so, but nonbanks stepped on the gas during the third quarter, according to a new analysis and ranking by Inside Mortgage Finance. Read More

Sen. Warren Questions Whether CFPB AD Mulvaney Data Collection Shut Down is Impeding Examiners

Sen. Elizabeth Warren, D-MA, has questioned whether Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau, inappropriately capitalized on some Inspector General con-cerns about the agency’s data security to unjustifiably freeze the bureau’s collection of consumer per-sonal information, thereby compromising examiner oversight functions. Read More

Servicing Issues Should Be Part of Housing-Finance Reform, Risks of Inefficient Servicing Growing

Mortgage servicing is mistakenly overlooked when it comes to housing-finance reform discus-sions and research on the business is sparse, according to an Urban Institute paper released this week. Read More

Change to Mortgage Interest Deduction Could Prompt Some Borrowers to Shift from Home-Equity Loans to Cash-Out Refis

Borrowers looking to convert home equity into cash could lean toward cash-out refinances rather than home-equity loans due to changes in the newly enacted tax bill. Read More

FHFA OIG Says Uptick in Fannie Mae, Freddie Mac ARMs Purchase Warrants Monitoring

The Federal Housing Finance Agency Office of Inspector General said the recent uptick in the purchase of adjustable rate mortgages by Fannie Mae and Freddie Mac, especially since November 2016, bears watching as a potential emerging risk. Read More

House Panel Considers HMDA, CFPB Legislation, Industry Awaits Final Senate Action on Other Bills

Members of the House Financial Services Subcommittee on Financial Institutions and Consumer Credit convened early this week to consider legislation that would affect Home Mortgage Disclosure Act enforcement and certain institutions regulated by the Consumer Financial Protection Bureau – mostly smaller players. Read More

Galante Paper Recommends Restructuring FHA As a Self-Sustaining Government Corporation Within HUD

A former FHA commissioner called for the restructuring of the agency as a government corporation within the Department of Housing and Urban Development with its own separate appropriation, budget control and risk-management capabilities. 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