June 9, 2023 | Inside Mortgage Finance

Jumbo Stumbles in First Quarter as Higher Rates Crush Demand

Both the non-agency jumbo market and high-balance agency production saw sharp declines during the first quarter of 2023. In a cooler housing market, buyers are looking for affordability. (Includes three data charts.) Read More

Regulators Propose Quality Control Standards for AVMs

The proposed rule would require mortgage originators to adopt policies and procedures to ensure automated valuation models protect against manipulation of data and ensure confidence in the appraisal estimates. Read More

Servicers, CFPB Working to Improve Servicing Transfers

MISMO is helping to facilitate collaboration between servicers and federal regulators to improve the servicing transfer process. The CFPB is also keeping a close eye on complaints tied to servicing transfers. Read More

Affordability a Concern as State Farm Exits California

State Farm, the nation’s largest writer of home insurance, cited inflation, wildfire risk and a challenging reinsurance market as reasons for its exit from the home insurance business in California. Read More

Rising Origination Volume Buoys Executives

First the good news: Several shops are experiencing a strong second quarter, with production on the rise sequentially. Then again, the first quarter was notably weak. As for the rest of the year, executives are hopeful rates are about to peak. Read More

Non-QM Lenders Expand Credit Box to Find an Advantage

Lenders that focus on non-qualified mortgages are expanding the credit box to reach more borrowers. Read More

SPS in Limbo Once Again as Credit Suisse Sale Nears

The future of servicer/subservicer Select Portfolio Services remains cloudy after its owner turned down bids on some of its MSRs. Read More

MBA Asks HUD to Nix Floodplain Minimum Property Standard

The Mortgage Bankers Association this week raised concerns with the Department of Housing and Urban Development about its proposed property standards for new construction and substantial renovations of FHA-insured properties located in a floodplain. Read More

Inside Mortgage Finance

June 8, 2023

View Archived Issues

Jumbo Stumbles in First Quarter as Higher Rates Crush Demand

Regulators Propose Quality Control Standards for AVMs

Servicers, CFPB Working to Improve Servicing Transfers

Affordability a Concern as State Farm Exits California

Rising Origination Volume Buoys Executives

Non-QM Lenders Expand Credit Box to Find an Advantage

SPS in Limbo Once Again as Credit Suisse Sale Nears

MBA Asks HUD to Nix Floodplain Minimum Property Standard

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Featured Data

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Featured Reports

Agency Seller-Issuer Profile: 3Q25 (PDF)

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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?

Inside Mortgage Finance

June 8, 2023

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