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What We’re Hearing: The Mortgage Cycle Turns / PE Firms Ready to Pounce? / Show Mr. Cooper the Door? / Impac in Play? / loanDepot Retail Chief David Norris Departs for Law Enforcement Project / More Nonprime MBS on the Way

November 3, 2017
Paul Muolo
Ocwen will not be sold through a stock deal, but Nationstar could be...
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Mortgage Banking Profits Declined Slightly for Banks in 3Q17

November 3, 2017
John Bancroft
Meanwhile, the indicators point to a drop in production volume for the fourth quarter…
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Fannie Mae Reports Strong Earnings for 3Q17, but $1B in Hurricane-Related Charges; Large Exposure to ‘Maria’

November 2, 2017
Carisa Chappell and Paul Muolo
Fannie Mae CEO Timothy Mayopoulos added: “Damage from the storms will be with us for a long time.”
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Minor Retreat for Top Tier Mortgage Servicers in 3Q17, Nonbanks Continue March Forward

November 2, 2017
John Bancroft
The only top-five servicer to report an increase in volume was Nationstar Mortgage...
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Fannie Mae Reports Strong Earnings for 3Q17; Hurricanes Hurt but RBS Settlement Helped

November 2, 2017
Carisa Chappell and Paul Muolo
Through the first nine months of the year, Fannie has posted impressive net earnings of $9.02 billion.
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Ocwen Takes $6.1 Million Loss in Third Quarter but Results Could Have Been Worse

November 2, 2017
Brandon Ivey
The loss would have been worse if not for a one-time tax benefit of $23.2 million…
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Nationstar Reports a $7 Million Profit for 3Q17. Smaller MSR Markdowns

November 2, 2017
Paul Muolo
Nationstar originated $4.25 billion of new home mortgages in 3Q17…
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Between Multiple Hurricanes and Wild Fires, a Market Develops for a New Breed of ‘Scratch & Dent’ Loans

November 2, 2017
Paul Muolo
According to bidders in the market, the early action focuses on loans that are “stuck” on warehouse lines.
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Short Takes: GSE Reform? What’s the Rush? / Calabria, an FHFA Director Candidate? / Capping the Mortgage Interest Deduction at $500,000 / TCF to Buy Nonbank Mortgage Firm

November 2, 2017
Carisa Chappell, Brandon Ivey, and Paul Muolo
Mark Calabria is not exactly a fan of the GSEs...
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Minor Retreat for Top Tier of Mortgage Servicers In 3Q17, Market Share Tilts Further to Nonbanks

November 2, 2017
There were no seismic shifts in the demographics of the mortgage-servicing business during the third quarter of 2017, although a new Inside Mortgage Finance ranking and analysis revealed an unexpected decline in the total holdings of the top servicers and a shift in composition. The top five shops held a whopping $3.716 trillion of servicing on their books at the end of September, down 0.2 percent from the previous quarter. The only top-five servicer to ... [Includes two data charts]
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Latest Imf News

  • Retail Channel Regains Some Share of Originations in 2025

  • ARMs From Nonbanks Head Into MBS From Redwood

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  • FHA Faulted on Now-Rescinded Foreclosure Sale Program

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Featured Data

  • Bank Servicing Declines in 4Q, MSR Fair Values Up

  • Mortgage-Banking Earnings at Banks Level Off in 4Q

  • Fannie Mae, Freddie Mac Profits Decline in 2025

  • Home Equity Loan Securitization Growth Levels Off

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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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