IMFnews

October 12, 2018

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Non-Agency MBS Issuance Drops Sharply in 3Q18 as Nonprime Tops Prime

The highlight of the third quarter was the steady growth of the nonprime market… Read More

Wells Fargo Reports a Decline in Home Lending for 3Q18. A Small Gain at JPM

JPM and Wells do not use loan brokers, avoiding the wholesale channel. Both have large warehouse lending programs and acquire mortgages from the nonbanks they also finance. Read More

Mortgage Venture Partners Plans to Buy Nonagency Loans with an Eye Toward Securitization

Mortgage Venture Partners is also working on a non-qualified mortgage jumbo second lien product… Read More

Lenders Prepared for TRID 2.0, but Some Uncertainty Remains

“I think everyone is on board,” said Colgate Selden, a former CFPB attorney and now managing director and head of regulation and compliance at Promontory MortgagePath. Read More