Monday Morning Cup of Coffee: What’s the diagnosis for the "sick" housing market?

6 secrets to dealing with regulations for mortgage servicers

A candid look from the perspective of 2 recovering regulators

First-time buyer GSE mortgage loans are getting far riskier

Risk index for agency mortgages for new buyers at series high
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News

Monday Morning Cup of Coffee: What’s the diagnosis for the "sick" housing market?

Still, confidence remains high
Trey Garrison
With 1.2 million buyers missing from the marketplace, something is wrong. But where is the real problem? Also, the interest rate and mortgage bond outlook, home prices, industry confidence and more.
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Investors still bullish on single-family rental market

Highlights from IMN Single-Family Rental Investment Forum
Lynn Effinger
While some recent downward pressure on yields experienced by the much larger institutional investors has somewhat tempered the enthusiasm surrounding single-family rentals, investors are still bullish on the performance of the new asset class.
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Impac comes roaring back

Stock soars on earnings news
Ben Lane
A tremendously positive earnings report sent Impac Mortgage Holdings’ stock soaring on Friday. The company isn't back to its pre-crisis heights, but it's on its way.
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NASDAQ to delist Home Loan Servicing Solutions

Next shoe in New Residential deal drops
Ben Lane
The next shoe has dropped in New Residential Investment’s acquisition of Home Loan Servicing Solutions. The company announced late Friday that it received a letter earlier in the week from NASDAQ, which stated that the stock exchange is delisting Home Loan Servicing Solutions, effective at the opening of business April 29, 2015.
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Five Oaks breaks into jumbo mortgage bonds

Launches first securitization
Ben Lane
After participating in two jumbo mortgage bond offerings brought by other issuers in 2014, Five Oaks Investment Corp. is launching a jumbo mortgage bond of its own. The offering, which will be issued as Oaks Mortgage Trust Series 2015-1, is backed by 383 mortgages with a total balance of approximately $267.2 million.
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BAML hosts 24th annual low-income housing challenge in California

Contest pits colleges against each other in developing biz plans
Trey Garrison
In May, Bank of America/Merrill Lynch is holding its 24th Annual Low Income Housing Challenge in California, challenging students to come up with a business plan to meet the needs of those most in need of affordable housing. Here's why this matters.
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MBA: Here’s the trend for purchase applications by loan size

Affordable and 1st-time apps decline; big growth for mid-to-jumbo borrowers
Trey Garrison
Modest-size mortgage applications shrink even as mid-level and jumbo applications have seen growth in the first quarter of 2015.
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FHA beefs up foreclosure prevention initiatives

Housing advocates applaud changes to HUD’s distressed asset program
Trey Garrison
The FHA and HUD are taking steps to amp up foreclosure prevention, and some housing advocates like what they’re hearing.
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Dr. HousingBubble: Return of the broke homeowner

9.3M saw foreclosure, DIL or short sell 2006-2014 - ready to go now
Trey Garrison
Homebuyers burned in the housing crash are itching to buy again and the pressure is on from the industry to get them in there. It’s been seven years – so what housing crash, Dr. HousingBubble asks sarcastically.
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First-time buyer GSE mortgage loans are getting far riskier

Risk index for agency mortgages for new buyers at series high
Trey Garrison
Agency loans for first-time buyers are as risky as they’ve been since the AEI started tracking mortgage risk. With pressure on to loosen credit standards even more, are you worried?
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