Mortgage Originations Rebounded in 2Q18, but Market Lags 2017 Production July 26, 2018 John Bancroft An estimated $445.0 billion of first-lien home loans were originated during the second quarter, an 18.7 percent sequential gain…Read More
Ocwen Share Price in a Freefall After Reporting a $29.8 Million Loss for 2Q18 July 26, 2018 Brandon Ivey As the merger with PHH moves closer, Ocwen continues to bleed red ink...Read More
Freddie Official: Big Data and Advanced Analytics will Change the Business July 25, 2018 Brandon Ivey Chris Boyle, chief client officer at Freddie Mac: “I don’t know how half of you make money.”Read More
MSR Market Still Hot but Quieter Times May Lie Ahead July 25, 2018 Paul Muolo Some MSR investors are suffering from "buyer exhaustion," said one deal maker... Read More
Flagstar Posts Decent Originations but Expresses Concern About GOS July 25, 2018 Paul Muolo At June 30, Flagstar serviced $120.3 billion in home mortgages, but 77.5 percent of that represents subservicing contracts…Read More
Arizona Nonbank Tells LOs at Other Companies They’re Getting Ripped Off July 25, 2018 Paul Muolo Geneva Financial has a message for all loan officers: “Compensation isn’t everything … said no one!”Read More
FHFA Says No Decision in 2018 Regarding Updating Credit Score Models July 24, 2018 Carisa Chappell After two years of work, the FHFA throws the idea out the window...Read More
Mortgage Complaints Filed with the CFPB Plunge. Wells Still #1 July 24, 2018 Yemeng Yang In terms of consumer ire, Wells Fargo was the complaint market leader…Read More
Nonbank Online Lenders Face Capital Woes July 23, 2018 Carisa Chappell The nonbank fintech market consists of a few large players and many small ones…Read More
Another Record Non-QM Production Quarter for Angel Oak. Head Count Reaches 527 July 23, 2018 Paul Muolo Since 2015, Angel Oak Capital Advisors has completed seven non-QM securitizations... Read More
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