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IMFnews

February 12, 2018

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Origination of Non-Agency Jumbos Fell 18 Percent in 2017

Wells Fargo had a more diverse product mix than its nearest rivals… Read More

The Correspondent Share of the FHA Market: 48.6 Percent

The correspondent share of the FHA market rose to 48.6 percent last year… Read More

Housing Advocates Worried about Sen. Corker’s GSE Reform Draft

The Center for Responsible Lending and other groups said the Corker draft threatens access, affordability and market stability… Read More

Ocwen EVP of Lending Otto Kumbar Departs – and with a Nice Severance Package

Kumbar will be paid $1.25 million for leaving Ocwen, a package that also includes a relocation reimbursement… Read More

Radian Unveils Reorg On How it Sells MI and Other Products. Industry Vet David Kittle Comes on Board

Under the new sales approach, the RMs will head divisions that sell the entire suite of Radian products... Read More

Short Takes: RESPA (TRID) Changes May Become Law / Watching the 10-Year (Rise) / Can Mulvaney Wear Three Hats? / Naming a Permanent CFPB Director / A New Hire for Silver Hill

Another day and another increase in rates... Read More

Trump Budget: DTA Hits Mean Treasury Draws for Fannie and Freddie. White House Wants to Cut Contributions to the Housing Trust Fund

Freddie Mac's Treasury draw is estimated at $400 million... Read More

Nation’s Third Largest Servicer Nationstar Agrees to Merge with KKR-Backed WMIH

Nationstar’s stock is publicly traded, but is majority owned by Fortress Investment Group, which late last year was sold to SoftBank. Read More

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