IMFnews

February 20, 2018

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GSE Credit Box Continues to Loosen, but Not by Much

Borrowers with credit scores below 700 accounted for 22.03 percent of GSE purchase loans last year… Read More

The Mel Watt Factor Looms Large as GSE Reform Sags

One trade group official said a new FHFA director might be hell-bent on reducing the federal footprint in mortgages… Read More

Houlihan Lokey’s Top Dealmaker Jeff Levine Sees a Coming Boom in Origination M&A

Levine said there’s demand for retail operations… Read More

Movement Mortgage Cuts 75 Jobs Due to ‘Operations Improvement’

Movement locked rates on $1.1 billion of mortgages in January, an 11 percent increase from the same month a year ago. It called the improvement an "indicator of future growth in February and March.” Read More

HFSC Chairman Hensarling Demands Explanation from Watt on Housing Trust Fund Payments

After a long hiatus, in 2017 Fannie and Freddie reinstated their first contribution to the National Housing Trust Fund, which amounted to roughly $186 million. Fannie plans to contribute $239 million to the trust funds this quarter, Freddie $114 million. Read More