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Angel Oak Readies Non-Agency MBS

August 16, 2018
Paul Muolo
Select Portfolio Services will handle the monthly servicing chores for Angel Oak.
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States Tighten Servicing Rules, but CFPB Still a Factor

August 16, 2018
Yemeng Yang
There’s a perception the CFPB will take fewer enforcement actions under the leadership of Mick Mulvaney, but industry attorneys question whether there has been any pullback…
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Jumbo Originations Up Sharply in 2Q18

August 16, 2018
John Bancroft
Wells Fargo, JPMorgan Chase and Bank of America were the top producers of jumbo loans in the second quarter…
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Short Takes: Who Needs the GSEs? / JPM’s Strategy / Subservicers on the Auction Block? / New Diligence Advisors Gets the Seal of Approval from KBRA / Atlantic Bay Mortgage Won’t be Buying VA Bank After All

August 15, 2018
Paul Muolo
We know of one large subservicer that’s for sale (Ditech Financial), but a second processor may also be considering offers.
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Surprise: Quicken Rolls Out Private Sector Reverse Mortgage

August 15, 2018
George Brooks
Funding for Quicken's new reverse mortgage will come from securitization…
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Quicken Loses Large Broker Partner, Blames BRAWL, UWM and its CEO

August 15, 2018
Paul Muolo
CEO Mat Ishbia: “We are not sure why Quicken Loans has decided to bring UWM into this situation."
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The Fannie Mae Mystery Executive in the Heavily Redacted FHFA IG Report: CEO Timothy Mayopoulos

August 15, 2018
Carisa Chappell
On July 23rd, Fannie announced Mayopoulos would depart as CEO before yearend. The heavily redacted FHFA IG report is dated July 26.
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Moody’s Gives loanDepot an ‘Average’ Assessment

August 15, 2018
Brandon Ivey
This spring, loanDepot was rumored to be a takeover target of Internet retailer Amazon.com…
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RBS Agrees to Pay DOJ $4.9 Billion to Settle MBS Fraud Charges

August 15, 2018
Paul Muolo
Among those subprime MBS investors: Fannie Mae and Freddie Mac.
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RBS Agrees to Pay DOJ $4.9 Billion to Settle MBS Fraud Charges

August 14, 2018
Paul Muolo
Overall, RBS underwrote $261.1 billion of subprime securities during the go-go years...
Read More
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Latest Imf News

  • Home Equity Loan Originations Increase by 20% in Second Quarter

  • FHFA IG Blasts Budget Cut, Massive Layoffs Likely

  • GSE MBS Investors Could Penalize Loans With VS4 Scores

  • Fitch Downgrades Wells Fargo’s Servicer Ratings

More Imf News

Featured Data

  • GSE MBS Issuance Increases in August

  • Mortgage-Banking Profits on Production, Servicing Decline in 2Q

  • Banks Shed MBS/ABS From Trading Accounts in 2Q

  • Rocket, Cenlar Subservicing Portfolios Decline

More Featured Data

Featured Reports

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  • Mortgage Servicing Rights Report: 2Q26 (PDF)

  • Agency Seller-Issuer Profile: 2Q26 (PDF)

  • Mortgage Profitability Report 2Q26 (PDF)

More Latest Reports

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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