IMFnews

February 8, 2017

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Top Prime MBS Contributors are Mostly Banks

Quicken Loans ranked third in terms of contributions to prime non-agency MBS… Read More

The CFPB Focuses on a Traditional Interpretation of RESPA Violations

The CFPB said Prospect Mortgage entered into agreements to buy leads from more than 200 different counterparties, most of which were real estate brokers. Read More

Mortgage Hiring Increased in December, but Several Lenders are Taking a ‘Wait and See’ Approach

CMG Mortgage founder and CEO Chris George said that when it comes to hiring he's mostly in a "holding pattern" right now, with exceptions... Read More

GAO Slams HUD for Weaknesses in Cost Estimates Related to FHA Modernization

HUD officials said the agency has been focused on establishing an infrastructure to improve its cost estimating practices. Read More

Growing Concern that Trump’s Tax Cut Could Hammer Fannie and Freddie

The DTAs are available to the GSEs as future deductions against taxable income. A reduction in the corporate tax rate would reduce existing DTAs for not just Fannie and Freddie but for other U.S. businesses as well. Read More