‘Problem’ Loans Create a Drag on CMBS Refinancing

National Real Estate Investor, Nov. 2, 2016–Mattson-Teig, Beth
Many high-leverage commercial mortgage-backed securities loans are searching for refinancing capital while the CMBS market is battling its own liquidity crunch.

Wave of Maturing Loans Drives Up CMBS Delinquency

Mortgage Daily, Nov. 2, 2016
Loans that are included in commercial mortgage-backed securities had a 30-plus day delinquency rate of 4.98 percent as of Oct. 31.

Life-to-Date HECM Production Surpasses 1 Million

Mortgage Daily, Nov. 2, 2016
Last month’s production brought to more than a million the number of reverse mortgages that have been insured by the federal government.

Impac Mortgage Originations Soar, Servicing Grows

Mortgage Daily, Nov. 2, 2016
Home-lending activity took a giant leap at Impac Mortgage Holdings Inc. In addition, the organization reported sizable growth in its mortgage servicing portfolio.

Freddie Mac Swings to $2.3 Billion Profit

MarketWatch, Nov. 1, 2016–Riquier, Andrea 
After this quarter, the enterprise will have returned $101.4 billion to taxpayers.

Will Lenders Embrace Fannie’s Rep and Warrant Relief?

National Mortgage News, Nov. 3, 2016–Sinnock, Bonnie
Fannie Mae’s new representation and warranty relief offers lenders a long-awaited incentive to use its automated loan validation technology. But is it enough for lenders to make the necessary technology updates and process changes to implement the tools?