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Inside Mortgage Trends
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Impac Shifts Production Away from GSE Mortgages to Non-QMs and Government-Insured Loans

August 9, 2017
Brandon Ivey
In trading Wednesday, Impac’s share price was down almost 6 percent…
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In 2Q17, Correspondent Channel Held Up in a Shifting FHA/VA Market

August 9, 2017
John Bancroft
Brokers saw the biggest increase in FHA business, with volume up 14.5 percent…
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Investors Love Mortgage REITs, Nonbanks Not So Much; Another IPO Try for loanDepot?

August 9, 2017
Paul Muolo
Industry consultants contend that loanDepot – the nation’s 10th largest overall originator – still hopes to go public one of these days…
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Mortgage Hiring Flat but Some Firms Continue to Add Heads

August 9, 2017
Paul Muolo
Citadel Servicing Corp., Irvine, CA, is also looking for a correspondent sales rep for the East Coast...
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PHH Enters Into Settlements with DOJ, FHFA to Settle Underwriting Issues Tied to Legacy Loans

August 8, 2017
Paul Muolo
PHH said it settled the cases without admitting liability “to avoid the distraction and expense of potential litigation.”
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Movement Mortgage CEO Rebrands His New Bank as, You Guessed It, Movement Bank

August 8, 2017
Paul Muolo
According to Casey Crawford the recapitalized depository will focus on “loving and serving people.”
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Short Takes: CapLoc Affiliate Wanted to Buy FMC / Two Sides to a Story / MBS is Busy with M&A Deals / FRB Distinguishes Itself in Jumbo Market / Vendor Watch

August 8, 2017
Paul Muolo, Thomas Ressler, and Brandon Ivey
Advisory firm Mortgage Banking Solutions, Austin, TX, is working on three mortgage-related acquisitions...
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Jumbo Originations Up in 2Q17 as Banks Report Strong Demand

August 7, 2017
Brandon Ivey
Lee Smith, an executive vice president and COO at Flagstar, said the bank’s jumbo originations were bolstered by the acquisition of Opes Advisors…
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Trader Joe’s a Beacon for Homebuyers?

August 7, 2017
Sherry Muolo
Homes located near a Trader Joe’s location had an average 5-year appreciation of 67 percent…
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New Residential Goes Whole-Hog into MSR While Largest REIT MBS Investor Takes a Different Tact

August 4, 2017
Two high-profile real estate investment trusts – Annaly Capital Management and New Residential Investment Corp. – appear to be refining their investment strategies these days, heading in different directions in terms of what asset classes they prefer. New Residential is continuing to make huge bets on mortgage servicing rights. According to its just-released earnings statement, the investor is showing no reluctance whatsoever when it comes to size. A new tally from Inside Mortgage Finance shows that New Residential ended the second quarter with $353.0 billion of “full servicing” rights in its possession, up 40.1 percent from March 31. A year ago, the REIT wasn’t...
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Latest Imf News

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Featured Data

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Featured Reports

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