IMFnews - Page 2 | Inside Mortgage Finance

Basel III, Other Rulemakings Paused Until Next Administration

November 21, 2024

The agency heads at the FDIC, OCC and Federal Reserve said they don't foresee any major rulemakings moving forward before the next administration takes over.

Correspondents Grow Agency Market Share in 3Q24

November 21, 2024

Andras Malatinszky

Correspondents gained 294 basis points of share in the third quarter, taking from both retail and brokers.

Fed Examiners Find Multiple RESPA Escrow Account Violations

November 21, 2024

Shannon Clark

Bank noncompliance with RESPA remained a top issue for the Fed in 2023.

GSEs See Slight Uptick in CRT Issuance, Investor Demand Holds Strong

November 21, 2024

Dennis Hollier

Fannie issuance had a healthy sequential boost but year-over-year decline, while Freddie experienced the opposite.

Short Takes: Rate Names New Reverse Leadership / Delinquencies Continue to Rise / Housing Competition Slows / Mortgage Lender Adopts AI Tool

November 21, 2024

Shannon Clark

Rate named two new reverse-mortgage veterans to lead its reverse division.

HUD Reviewing Potential for FHA Pricing Adjustments

November 20, 2024

Monica Hogan

FHA Commissioner Julia Gordon suggested any cut in the mortgage insurance premium would likely wait for the next administration.

Ginnie Loan Removals Hit Level Last Seen in 2022

November 20, 2024

Namrata Bhatia

Payoffs accounted for 89.1% of total loan liquidations from Ginnie MBS in the third quarter.

FHA Proposes Loosening Underwriting for In-Home Rental Income

November 20, 2024

Brandon Ivey

The rental income could account for up to 30% of the total income the loan applicant uses to qualify for an FHA mortgage.

FICO Plans Price Hike Amid Rising Profits

November 20, 2024

Brandon Ivey

William Lansing, CEO of Fair Isaac, said mortgage-originations revenue at the company in the third quarter of 2024 increased by 95% compared with the third quarter of 2023.

Short Takes: CHLA Seeks Loan-Level Pooling at Ginnie / Housing Starts Pick Up / Mortgage Demand for New Homes Up Slightly / Still Demand for Refis

November 20, 2024

Brandon Ivey

CHLA acknowledges that the shift at Ginnie will require additional funding for the agency.

IMFnews
RSS

Basel III, Other Rulemakings Paused Until Next Administration

Correspondents Grow Agency Market Share in 3Q24

Fed Examiners Find Multiple RESPA Escrow Account Violations

GSEs See Slight Uptick in CRT Issuance, Investor Demand Holds Strong

Short Takes: Rate Names New Reverse Leadership / Delinquencies Continue to Rise / Housing Competition Slows / Mortgage Lender Adopts AI Tool

HUD Reviewing Potential for FHA Pricing Adjustments

Ginnie Loan Removals Hit Level Last Seen in 2022

FHA Proposes Loosening Underwriting for In-Home Rental Income

FICO Plans Price Hike Amid Rising Profits

Short Takes: CHLA Seeks Loan-Level Pooling at Ginnie / Housing Starts Pick Up / Mortgage Demand for New Homes Up Slightly / Still Demand for Refis

Latest Imf News

Former FHFA Chief, HPC Not Happy With Hike in GSE Loan Limits

Michigan Bank Changes Mind on Unloading Warehouse Unit

Value of Bank MBS Turns Higher in 3Q24

Freedom CEO Isn't Worried About a Trump-Effect on FHA, VA

Featured Data

Refinance Volume in GSE MBS Jumps in October

Nonbank Earnings Pummeled by MSR Losses in 3Q

Correspondents Gain Agency Market Share in Third Quarter

Second-Level MBS Issuance Slows in 3Q, CMO Down

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