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Inside Mortgage Trends
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Wells Top Purchase-Mortgage Lender in 2017

April 27, 2018
Wells Fargo ranked as the top purchase-mortgage lender in 2017 both in retail originations and production through third-party originators, according to a new Inside Mortgage Trends analysis of survey data. The company relied more heavily on its correspondent platform last year, posting a 16.9 percent increase in purchase-mortgage acquisitions over its 2016 volume. On the retail side, Wells’ purchase-mortgage originations were down ... [Includes one data chart]
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Mortgage Origination Volume Tanked in 1Q18, Hitting the Lowest Level Since 4Q14

April 26, 2018
John Bancroft
Production numbers were down sharply in nearly every category.
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Lenders Divided on Whether Changes Should be Made to QM Standards

April 26, 2018
Brandon Ivey
“It appears that the larger the investment, the larger the resentment,” Stratmor said.
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Altisource Reports a Loss, Declining Revenue and Says the CFPB Won’t Take Action Against It

April 26, 2018
Paul Muolo
In February of last year, Altisource disclosed in an SEC filing that the CFPB was looking into the vendor’s relationship with Ocwen...
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VA Servicing Continues to Grow at a Nice Clip

April 25, 2018
John Bancroft
Don’t look now, but Ginnie Mae MBS outstanding is approaching the $2 trillion mark…
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PHH’s CEOs Took Home (Combined) $5.26 Million in Compensation Last Year

April 25, 2018
Paul Muolo
Crowl’s base pay for 2017 totaled $554,808 while Messina’s came to $485,962.
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VA-Based Nonbank Lender Reveals Data Breach

April 25, 2018
Brandon Ivey
WEI is based in McLean, VA and owned by Arc Home, which in turn is controlled by funds under the management of Angelo, Gordon.
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The FHA Share of Mortgage Complaints Filed with the CFPB: 13 Percent

April 24, 2018
George Brooks
According to the CFPB’s annual report on consumer disputes, the bureau received roughly 37,300 mortgage complaints in 2017...
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A Trio of Prime Non-Agency MBS Deals Ready to Hit the Market

April 24, 2018
Brandon Ivey
Loans in Chimera’s forthcoming deal were underwritten to guidelines established separately by Bank of America, Caliber Home Loans and Quicken…
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VA’s Plan to Make VALERI a Fully Operational AUS Well Underway

April 23, 2018
George Brooks
One of the goals of the conversion project is to improve program performance…
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