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Home » Topics » Inside Mortgage Trends » Profitability

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2019 Will Yield $2 Trillion in Loans At Least

November 1, 2019
Paul Muolo
The Federal Reserve cut rates by 25 basis points this week, assuring mortgage lenders strong operating conditions in the months ahead. Still, the production outlook is a bit darker for 2020.
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Flagstar Stands Out Among Banks with Servicing Growth

November 1, 2019
Brandon Ivey
Flagstar increased its servicing portfolio by about 50% on an annual basis as of the end of September while no other bank servicer in the top 20 posted double digit gains.
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Negative MSR Marks a Problem in 3Q19? You Bet

October 18, 2019
Paul Muolo
Banks began reporting third quarter results this week and, as might be expected, negative servicing marks were quite noticeable.
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Fannie Says Consistent Data Standards Key to Digitization

October 18, 2019
Brandon Ivey
A lack of data standardization is holding back adoption of digital mortgage processes, according to a survey of tech vendors. Fannie Mae is urging the industry to adopt standards set by MISMO.
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Electronic Closings Increasing, Quicken Looks to be a Leader

October 18, 2019
Brandon Ivey
The number of eNotes being added to the MERS eRegistry is sharply increasing, indicating a growing use of eClosings. Some 36,000 eNotes were added in the third quarter compared with 17,000 in all of 2018.
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The Trends Grapevine: Application Index Whiplash / A Good Quarter for Angel Oak

October 4, 2019
Paul Muolo
Loan applications are on the rise once again after a down reading the week before. And it appears the good times will last through the fall.
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Refi Demand, Spreads Point to Strong Profitability for Lenders

September 20, 2019
Brandon Ivey
Relatively low interest rates on mortgages are prompting strong demand from borrowers and higher profit margins for many lenders.
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In a Down Year for Originations, MBA’s Revenue Increases

September 6, 2019
Paul Muolo

For the fiscal year ending Sept. 30, 2018, MBA took in $65.1 million of revenue versus expenses of $54.4 million, according to a newly released tax filing. Roughly half of its annual revenue comes from its hugely popular annual convention.


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Ocwen Insiders, Including CEO, Buy Shares

August 23, 2019
Paul Muolo
The nation’s 12th largest servicer, continues to lose money, but in early August company insiders started buying stock in the firm.
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Low Housing Supply Taking a Toll on Lenders’ Efficiency

August 23, 2019
Brandon Ivey
Limited housing supply hurt lenders’ efficiency metrics in 2018, according to a benchmarking study by Mortgage Cadence. The average time to close a mortgage increased sharply and pull-through rates declined.
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Latest Imf News

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Featured Data

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  • Rocket, Cenlar Subservicing Portfolios Decline

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