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Why Do Delinquencies Drop in April?

December 1, 2017
According to figures compiled for the National Mortgage Database and analyzed by Inside Mortgage Trends, for much of the past decade there has been a saw-tooth pattern that finds late payments begin increasing in November of each year before peaking in January.
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With Mulvaney in Charge of the CFPB, Industry Hopes for a Kinder, Gentler Agency

November 30, 2017
Thomas Ressler
Mulvaney’s ascension has raised expectations the bureau will alter its legal positions in high-profile cases such as those involving Ocwen Financial and PHH…
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VA and CFPB Issue Warning on Aggressive Refi Solicitations

November 30, 2017
George Brooks
Acting Ginnie Mae president Michael Bright said the task force is examining critical issues, important data and lender behaviors related to refinancing loans…
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MBA: Origination Profits Declined in 3Q17

November 30, 2017
Paul Muolo
For lenders, the killer was rising expenses: $8,060 in 3Q17 compared to $7,774 in the second quarter…
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Short Takes: Trump Making a CFPB Short List / Appeal Expected but So Far Nothing / Not on the Merits… / CapLoc Looking for Warehouse Chief / LendingTree on a Roll

November 30, 2017
Paul Muolo and Thomas Ressler
A handful of warehouse managers told IMFnews that a head-hunter hired by CapLoc contacted them about running the firm's warehouse initiative...
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Ginnie Mae Acting President Warns: Lenders Could be Kicked out of the Program for ‘Churning’

November 30, 2017
George Brooks
For lenders that produce pools with inexplicably fast prepayment speeds, removal from the program is not out of the question, said Ginnie Mae's Michael Bright...
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New Residential Agrees to Buy Ranieri’s Shellpoint Platform for $190 Million

November 29, 2017
Paul Muolo
According to figures compiled by Inside Mortgage Finance, New Residential ranks fifth among all residential servicers with $343.0 billion of contracts at Sept. 30. New Penn ranks 46th among lenders.
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With Mulvaney Confirmed as CFPB Acting Director, What Happens to English?

November 29, 2017
Thomas Ressler
There are reports that Leandra English’s effort to unseat Mulvaney has been financed by an anonymous group of donors...
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With Kittle Backing Away from Top Ginnie Job, Michael Bright May be Trump’s Pick

November 29, 2017
Paul Muolo
“Basically, David [Kittle] came to the conclusion that it just wasn’t worth the wait,” said one industry lobbyist...
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Mortgage M&A Activity Increases, but Major Deals are Elusive

November 28, 2017
Paul Muolo
Last year, Mortgage Banking Solutions brokered five deals. This year, the firm hopes to complete four and maybe five…
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Latest Imf News

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Featured Data

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Featured Reports

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