IMFnews

July 6, 2017

View Archived Issues

Many Non-QM Borrowers Actually Look Eligible for GSE Loans

According to Morningstar Credit Ratings, the weighted-average loan-to-value ratio for securitized non-QMs is 75.2 percent and the average debt-to-income ratio is 36.6 percent Read More

Fannie/Freddie Business Volume Down Sharply in 2Q17. Refis Lag, Purchase Loans Strong

The GSEs securitized $111.31 billion of purchase loans in the second quarter, a 21.5 percent jump from the first quarter. Read More

Redwood Trust Set to Issue its Fifth Jumbo MBS of the Year

Meanwhile, Redwood is working toward issuing a jumbo MBS from its “expanded prime” program… Read More

FHFA Quietly Holds a Forum on SFR. More GSE Deals in the Works?

This spring, Fannie provided Invitation Homes with a $1 billion financing vehicle, which gave the real estate investment trust a cheaper cost of funds than tapping the MBS market. Read More