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Inside Mortgage Trends
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A New Low for Walter’s Share Price: 64 Cents

March 24, 2017
Paul Muolo
When Walter Investment released fourth quarter results last week it declined to hold a live earnings call – somewhat of a rarity…
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Home-Equity Lending Up in 2016, but HEL Debt Sinks to 13-Year Low

March 23, 2017
John Bancroft
At the end of 2016, the supply of outstanding home-equity loans fell to $595.4 billion from $607.9 billion the year prior…
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Nationstar Mortgage EVP and CFO Robert Stiles Departs

March 23, 2017
Paul Muolo
In early March, Stiles filed notice to sell 11,931 shares of Nationstar common at a price of $18.40 a share or $219,530.
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M&A Roundup: Freedom Mortgage Poised For Growth, Ditech Headed for the Exit?

March 23, 2017
Although 2017 is expected to be a down year for originations, Freedom Mortgage – already a top-10 ranked lender – is poised for growth via mergers and acquisitions and is pondering deals for both servicing rights and other shops. Company CEO and founder Stanley Middleman told Inside Mortgage Finance bluntly: “We’re shopping.” Although Middleman declined to name any targets, he said...
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Short Takes: GSE CSP Update: The UMBS will Arrive in 2Q19 / They Spent How Much on This Thing? / Cherry Hill REIT Taps the Equities Market / Freddie Mac Director Bolts for the Federal Reserve Bank of Atlanta

March 23, 2017
Paul Muolo
The CSP project comes with a cost: roughly $454 million has been spent so far...
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Bank Holdings of First Liens Increased in 4Q16 – Ever So Slightly

March 22, 2017
Brandon Ivey
It appears that depositories are growing their portfolios by adding jumbo mortgages along with loans eligible for sale to Fannie Mae and Freddie Mac…
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HECM Production Stumbles a Bit in 2016

March 22, 2017
George Brooks
Among the top 10 originators in 2016, Reverse Mortgage Solutions posted the largest annual decline at 64.5 percent. RMS is owned by Walter Investment…
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Finance of America Commercial Makes Big Push Into Broker Market with ‘Fix & Flip’ Lending

March 22, 2017
Paul Muolo
CEO Mark Filler said FoAC is now offering fix-and-flip loans as cheaply as 6.99 percent…
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Still Rising: Retail Channel Accounts for 81.6 Percent of Jumbo Originations

March 21, 2017
Brandon Ivey
Roughly $72.09 billion of jumbo mortgages were originated in the fourth quarter, down 3.4 percent on a sequential basis.
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Subservicing Sector Starting to Look Crowded As More Firms Choose ‘Capital Light’ Strategy

March 21, 2017
Paul Muolo
The nation’s three largest residential subservicing firms are: Cenlar, Dovenmuehle and Loan Care. All are nonbanks.
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