Cart

Inside Mortgage Finance

December 10, 2020

View Archived Issues

Agency Jumbo Booms in 3Q, But Nonconforming Slides

While several top jumbo lenders reported declining primary-market production in the third quarter, most sellers of agency-conforming jumbo loans saw hefty gains. (Includes three data charts.) Read More

Does Net Worth Sweep Mean Nationalization of the GSEs?

Justice Stephen Breyer raised eyebrows by characterizing the government’s net worth sweep of Fannie Mae and Freddie Mac profits as nationalization of the GSEs. Read More

Quicken Sells $25B in MSRs? A Revival Underway?

A revival could be underway in bulk MSR sales but the real fireworks may come in the first quarter of 2021. Pricing? It’s headed north, at least for GSE product. Read More

Biden Picks Ohio Dem to Lead HUD, Changes Assured

She’s not a brain surgeon, but a Democratic legislator from the Rust Belt. Midweek, Joe Biden revealed Rep. Marcia Fudge as his pick for Housing secretary. Read More

Waters Wants Trump-Era Housing Policies Rescinded

House Financial Services Committee Chair Maxine Waters, D-CA, wants various rules and regulations introduced during Trump’s presidency to be rescinded or replaced. Read More

Mr. Cooper to Pay $131M to Settle Servicing Disputes

Mr. Cooper has agreed to pay more than $131 million to settle two separate investigations tied to servicing violations following the 2008 financial crisis. Read More

FSOC Again Calls for Greater Oversight of Nonbanks

Like in previous annual reports, the Financial Stability Oversight Council noted that nonbank mortgage companies can be more vulnerable to financial difficulties than depositories. Read More

MBA Forecasts Strong Originations in 2021

Purchase-mortgage production is expected to climb to a record high next year, according to industry economists. Refis may not match this year’s unprecedented volume but will still remain strong. 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