IMFnews - Page 1422 | Inside Mortgage Finance

What We’re Hearing: Will Speculators Sue the Treasury Over the “Sweep” of GSE Earnings? / Freddie Under Pressure to Capture its DTA / PennyMac’s Senior Ranks Boast Many a Countrywide Alumnus / NAIHP Cries Foul on USDA’s Treatment

May 10, 2013

Will investors in GSE stock sue the federal government for "sweeping" earnings out of Fannie Mae and Freddie Mac? Meanwhile, PennyMac worries about its "Countrywide" problem.

Fannie Pushing Certain Seller/Services to the Cash Window

May 9, 2013

Paul Muolo

The issue of Fannie Mae encouraging lenders to sell for cash instead of securitizing has been a hot topic over the past few months.

Radian Ranks First, Bests UGC in New MI Policies

May 9, 2013

John Bancroft

Total primary mortgage insurance coverage provided by private MIs fell 6.5 percent to $50.44 billion in the first quarter, a figure that includes HARP loans.

Walter Sees Continued Growth in MSR Purchases

May 9, 2013

Brandon Ivey

Walter Investment, which posted strong earnings for 1Q13, is in exclusive talks to buy $10 billion of mortgage servicing rights.

Fannie Will Release DTA, Setting Up $59 Billion Dividend Payment to Treasury

May 9, 2013

Paul Muolo and Charles Wisniowski

Fannie Mae is set to "give back" $50.6 billion to the U.S. Treasury by June 30, thanks to stellar earnings and accounting treatment of deferred tax assets.

Ocwen Will Sell $162 Million of Preferred Stock

May 9, 2013

Paul Muolo

Ocwen has registered preferred shares with the NYSE. The sale will benefit WL Ross & Co.

Short Takes: Are Fannie and Freddie Almost Even with the U.S. Treasury? / PennyMac's MB Unit Goes Public / Ocwen Spent $150 Million on Platform / A Bad Sign: Late Payments Are Up / But Home Values Continue to Rise

May 9, 2013

John Bancroft and Paul Muolo

Will Fannie Mae and Freddie Mac be "even" with the U.S. Treasury by yearend? Also: PennyMac Financial Services goes public.

SEC Approves Shellpoint Shelf, Paving the Way for ‘Prime Quality’ Non-Agency MBS

May 8, 2013

Paul Muolo

A company affiliated with MBS co-inventor Lewis Ranieri is moving closer to issuing a security backed by "prime-quality" non-agency loans.

Freddie Posts Huge Earnings for 1Q13, Ponders $30B of Deferred Tax Assets

May 8, 2013

Paul Muolo and Charles Wisniowski

Freddie Mac has been profitable for six quarters but needs to show positive earnings for six more before it can recapture its deferred tax asset.

Short Takes: $750 Million of NPLs to Bid This Week / Two Harbors in the Hunt for ‘Re-performing’ / Investors Will Continue to Dump Non-Agency MBS / NAFCU Upset with FHFA Edict on QM / Former Ally Executive Gets Hired by MBS Group

May 8, 2013

Brandon Ivey, Paul Muolo, and Thomas Ressler

A $750 million offering of nonperforming mortgages is expected to go down this week. Meanwhile, NAFCU is mad at FHFA over the QM rule.

IMFnews
RSS

What We’re Hearing: Will Speculators Sue the Treasury Over the “Sweep” of GSE Earnings? / Freddie Under Pressure to Capture its DTA / PennyMac’s Senior Ranks Boast Many a Countrywide Alumnus / NAIHP Cries Foul on USDA’s Treatment

Fannie Pushing Certain Seller/Services to the Cash Window

Radian Ranks First, Bests UGC in New MI Policies

Walter Sees Continued Growth in MSR Purchases

Fannie Will Release DTA, Setting Up $59 Billion Dividend Payment to Treasury

Ocwen Will Sell $162 Million of Preferred Stock

Short Takes: Are Fannie and Freddie Almost Even with the U.S. Treasury? / PennyMac's MB Unit Goes Public / Ocwen Spent $150 Million on Platform / A Bad Sign: Late Payments Are Up / But Home Values Continue to Rise

SEC Approves Shellpoint Shelf, Paving the Way for ‘Prime Quality’ Non-Agency MBS

Freddie Posts Huge Earnings for 1Q13, Ponders $30B of Deferred Tax Assets

Short Takes: $750 Million of NPLs to Bid This Week / Two Harbors in the Hunt for ‘Re-performing’ / Investors Will Continue to Dump Non-Agency MBS / NAFCU Upset with FHFA Edict on QM / Former Ally Executive Gets Hired by MBS Group

Latest Imf News

Primary MI Share Shifts Toward Government in 3Q

Ginnie Could Face Leadership Gap in Trump Transition

Smaller Nonbanks Largely Maintain Profitability in 3Q

Cherry Hill REIT Shifts to Internal Management, Ditching Middleman

Featured Data

GSE Earnings Resilient in a Tight Housing Market

Banks Generate Small 3Q24 Gains in Mortgage Banking

Refinance Loans Surge in October Agency Market

Refi Volume Spikes in Third Quarter, UWM Stands Out

Featured Reports

Top Mortgage Players: 2Q24 (PDF)

Mortgage Profitability Report 2Q24 (PDF)

Agency Channel Analysis: 3Q24 (PDF)

IMF Mortgage Directory: Full interactive database

Featured Poll

The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?

IMFnews RSS

The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?

IMFnews
RSS