Cart

IMFnews

May 5, 2017

View Archived Issues

Ginnie Lifts April’s Agency MBS Production Number, but Volume Hardly Budges

Purchase loans accounted for 57.9 percent of April issuance for all three agencies, the highest penetration since September 2015… Read More

Strong 1Q17 Results from Fannie Mae but Down from 4Q16; Account Surplus with Treasury Will Top $43.8 Billion

In response to a question about Fannie's capital buffer, Mayopoulos said, “It’s our mission to provide liquidity in all markets at all times and we’re continuing to do that. I am glad to see that policy makers are starting to refocus on housing market reform including the lack of capital at Fannie Mae and Freddie Mac.” Read More

PennyMac Financial’s Income Down 52 Percent in 1Q17, Originations Off 32 Percent

After the end of the first quarter, PennyMac acquired a bulk portfolio of Ginnie Mae mortgage servicing rights with an unpaid principal balance of $4.30 billion. Read More

CFPB Wants Public Input on Mortgage Servicing Rule

The bureau specifically invited mortgage loan servicers and other industry representatives to comment on its assessment plan... Read More

A Bull Market for Newly Originated Nonprime Whole Loans?

One fact seems certain: there are more purchasers for non-agency/nonprime loans than a year ago with a handful of foreign and even U.S. banks contemplating acquisitions… Read More

CHOICE Act 2.0 Could Spell Trouble for the FHFA and Director Mel Watt

The FHFA was created in part because its predecessor, the Office of Federal Housing Enterprise Oversight, was widely seen as lacking enough independence to adequately oversee the GSEs... 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