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Home » Authors » George Brooks

George Brooks

news@imfpubs.com
Articles

ARTICLES

Short Takes: The New Mortgage Normal: Volatility / When Red Turns to Black / Citadel on a Hiring Spree / Stearns Gets a New CFO / Would Your Lending Shop Accept Private Flood Insurance?

May 5, 2016
George Brooks, Carisa Chappell, and Paul Muolo
Is the end near for servicing writedowns? Hedging marks?
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At Least Someone in the Mortgage Industry is Thinking About Climate Change: Freddie Mac

May 4, 2016
George Brooks
A past study commissioned by FEMA estimated that the areas designated as special flood areas will increase by 45 percent by the end of this century. In coastal areas, such designations would increase by 55 percent.
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Short Takes: Trouble Ahead for Downpayment ‘Gift’ Programs? / CHLA Sends a Letter to Cordray, Wants a Fair Shake for Nonbanks / Why Sig Anderman of Ellie Mae is a Happy Man These Days

April 27, 2016
George Brooks and Paul Muolo
Sig Anderman’s once small firm is now worth more than Nationstar Mortgage, Ocwen Financial and Walter Investment Management Corp. combined.
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Growth in Servicing VA Mortgages Outpaces FHA; Nonbanks Take More Share

April 25, 2016
George Brooks
The nonbank share of the market for servicing mortgages in Gnnie Mae MBS increased from 35.05 percent at the end of the first quarter of 2015 to 46.73 percent at the end of the first quarter of 2016.
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Fee on Lenders to Fund FHA Tech Upgrades Excluded from Appropriations Bill

April 25, 2016
George Brooks
The Mortgage Bankers hailed the bill for supporting a number of MBA priorities and for rejecting an administration proposal to fund FHA technology upgrades through a fee on lenders.
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FHA Revises Guidance for Calculating Student Loan Payments for DTI Purposes

April 18, 2016
George Brooks
The new guidance allows a 50 percent reduction in the percentage used to calculate monthly student-loan payments...
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It’s Official: New Lower MIPs on FHA Multifamily Mortgages

April 12, 2016
George Brooks
Additionally, the annual MIP for affordable mixed-income properties has been lowered to 35 bps...
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Huge Growth in Securitization of VA ‘Jumbos’

March 30, 2016
George Brooks
Wells Fargo delivered $5.03 billion of VA jumbo loans into Ginnie Mae pools in 2015, making it the leading securitizer in that segment.
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Reverse Mortgage Production Up 15 Percent in 2015, However…

March 28, 2016
George Brooks
Not one depository ranks among the top 10 reverse mortgage lenders...
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GOP Moves to Kill Overtime Exemption, A Move That Would Affect Mortgage Professionals

March 24, 2016
George Brooks
Then again, there are doubts the legislation will ever be enacted.
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View All Articles by George Brooks

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