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Short Takes: PHH and the Merrill PLS Contract? / What About Morgan and HSBC? / Stonegate Buries the Lead / Compass Point Not Impressed with Walter / PennyMac Joins an FHLB

May 7, 2015
Brandon Ivey and Paul Muolo
Most firms report the earnings/loss figure in the first or second paragraph of their press release, but not Stonegate Mortgage.
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Broker Market Share Up to 13 Percent; Is 20 Percent Doable?

May 6, 2015
Paul Muolo
Now that brokers are gaining traction, the big question becomes: how much more market share can they gobble up?
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First Republic Remains Top Jumbo MBS Lender

May 6, 2015
Brandon Ivey
Fun fact: First Republic was the only bank among the top five contributors to jumbo MBS issued in the first quarter.
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Delinquency and Foreclosure Performance Improves to Levels Last Seen in 2007

May 6, 2015
Brandon Ivey
Nearly every firm tracked in the Inside Mortgage Finance Large Servicer Delinquency Index reported improvements in mortgage performance during the first quarter...
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Bank of America Throws 203(k) Loan Program Overboard

May 6, 2015
Paul Muolo
Among all FHA originators, Bank of America ranks eighth nationwide, based on January figures...
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Trade Group Calls for Disclosures on Loan Officer Qualifications

May 6, 2015
Thomas Ressler
Such disclosures also should show whether the LO has passed the SAFE Act test.
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Short Takes: FHFA’s Reps-and-Warranties Clarifications a Bust? / Deephaven’s Nonprime Volume a Mystery / A ‘Responsible’ Nonprime Lender / Mostly a Seller’s Market for Homes?

May 6, 2015
Paul Muolo
Deephaven's website boasts that it helps “aspiring” homeowners “purchase homes as soon as one day after foreclosure or short sale.”
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Fears Over TRID’s Impact Intensify as Clock Ticks

May 5, 2015
Thomas Ressler
As the TRID deadline approaches industry anxieties are getting stronger and more specific in nature.
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Redwood’s Mortgage Income Takes It on the Chin; But Outlook Improves

May 5, 2015
Brandon Ivey
Redwood posted just $2 million in income from residential mortgage banking activities in the first quarter.
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Nationstar’s Stock Hammered After Firm Posts $48 Million 1Q Loss

May 5, 2015
Paul Muolo
On the plus side, the publicly traded nonbank funded $4.2 billion during Q1, a 16 percent sequential improvement.
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Latest Imf News

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  • Annaly Packages Seasoned ARMs in Non-Agency MBS

More Imf News

Featured Data

  • Fannie and Freddie Earnings on Different Trajectories

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More Featured Data

Featured Reports

  • Guide to Mortgage Lending to First-Time Homebuyers

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  • IMF HMDA Dashboard: 2025

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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