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@IMFpubs

InMortgageFinance

@IMFpubs
Inside Mortgage Finance: What the Mortgage Market Reads, since 1984. Industry Data, News & Analysis. Also on LinkedIn: linkedin.com/company/2016720
Bethesda, Md.
insidemortgagefinance.com
Joined July 2011
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  • Pinned
    @IMFpubs
    InMortgageFinance
    @IMFpubs
    Jun 30
    Get free, daily updates on the mortgage finance industry delivered right to your inbox. Sign up for IMFnews at insidemortgagefinance.com/newsalerts
  • @IMFpubs
    InMortgageFinance
    @IMFpubs
    13h
    Fannie Mae is marketing a credit risk transfer transaction — sized at $528.24 million with a reference pool of $18.53 billion — after pricing a similar deal in August. Before that, Fannie hadn’t been in the market with a single-family CRT deal since April.
    insidemortgagefinance.com
    Fannie Back Quickly With CRT Offering Following August Issuance
    Freddie Mac, meanwhile, hasn’t offered a single-family CRT deal since May.
    2
  • @IMFpubs
    InMortgageFinance
    @IMFpubs
    13h
    At PNC Bank, repurchases increased from $6.25 million in the first quarter to $22.58 million. The shift looks to be tied to reporting quirks rather than a major concern for the bank.
    insidemortgagefinance.com
    Mortgage Repurchases by Banks Increase in 2Q
    Repurchases and indemnifications by banks and thrifts increased by 16.5% from the first quarter to the second. Repurchase reserves declined by 3.9% during that time. (Includes one data table.)
  • @IMFpubs
    InMortgageFinance
    @IMFpubs
    14h
    Industry trade groups applauded last week’s directive that Fannie Mae and Freddie Mac approve all lenders to use VantageScore 4.0 effective immediately, calling it an important step toward boosting competition and lowering costs for borrowers.
    insidemortgagefinance.com
    Pulte Opens VantageScore to All Lenders
    Frustrated with FICO and the big three credit reporting bureaus, the FHFA director abruptly ushered in the era of two competing credit scores.
    2
  • @IMFpubs
    InMortgageFinance
    @IMFpubs
    15h
    The VA improperly assessed the past work of an automated appraisal management service it contracted with, crediting it with work done by government employees and failing to document the relevancy of the reports to the contract at hand, the GAO says.
    insidemortgagefinance.com
    GAO Finds VA Credited Contractor for Government Work
    The Department of Veterans Affairs improperly credited an automated appraisal management service it contracted with for work that was done by government employees, according to the Government...
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