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UBS Selling Mortgage Servicer SPS for Breakeven Price

August 14, 2024
Brandon Ivey
Select Portfolio Servicing handled servicing on mortgages with an unpaid principal balance of $166.70 billion as of the end of June, according to estimates by Inside Mortgage Finance.
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IG Finds Major Holes in FHFA's IT System

August 14, 2024
Dennis Hollier
Loose IT security controls could have made it possible for a malicious employee, or an external party with access to that employee's account, to gain full control of the FHFA network.
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Short Takes: ‘Magical’ Number for Interest Rates / Some Home Price Depreciation / Fannie Selling RPLs / Loss for Fix-and-Flip Lender

August 14, 2024
Brandon Ivey
It's hard to pin down the "magical" number for interest rates that will unlock the housing market, according to the CEO of The Home Depot.
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Scotiabank to Enter Mortgage Warehouse Lending Space

August 13, 2024
Paul Muolo
Scotiabank hired the managing director of Chase's mortgage warehouse unit.
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Ginnie Volume Drives Up Agency MBS in July

August 13, 2024
John Bancroft
Ginnie MBS issuance increased by 8.3% on a monthly basis in July while GSE volume declined somewhat.
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Lender Trade Groups Caution CFPB on Mortgage Closing Costs

August 13, 2024
Shannon Clark
Any regulatory action resulting from the CFPB’s recent request for information must be grounded in the bureau’s statutory authority, the Mortgage Bankers Association said.
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CFPB Affirms Mortgage Rules Apply to Contracts for Deeds

August 13, 2024
Shannon Clark
The CFPB said it is stepping in to stop harmful practices used in contract for deed financing that set up homebuyers to fail.
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Short Takes: New Mortgage Reinsurer / Rocket Consistent With CES Securitizations / DSCR Loans in Non-Agency MBS / Growing Through Selling Servicing

August 13, 2024
Brandon Ivey
Skyward Specialty Insurance Group launched a mortgage reinsurance business.
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Chase Markets Prime Jumbo MBS Backed By ARMs

August 12, 2024
James Dohnert
Loans in the new prime jumbo MBS had an average seasoning of 13 months.
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Private MI Companies Gain Share in Second Quarter

August 9, 2024
John Bancroft
Radian Guaranty ranked first among private MIs in new insurance written, posting a 20.5% increase to $13.89 billion in the second quarter.
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Latest Imf News

  • Largest Servicers See Declines in Market Share in 1Q

  • Income Spikes at Rocket in 1Q, Led by Origination Activity

  • Fitch Places ‘Deteriorating’ Outlook on HEL Securitization Sector

  • Carrington to Boost Subservicing Business With Valon Acquisition

More Imf News

Featured Data

  • Mixed Trends for Largest Ginnie Servicers in 1Q

  • Investment-Property Loans Drive Up ECM MBS Issuance

  • Mixed Trends for Mortgage Originations in 1Q

  • Mortgage Complaints Filed With the CFPB Surge in 1Q

More Featured Data

Featured Reports

  • IMF HMDA Dashboard: 2025

  • 2026 Mortgage Market Statistical Annual (PDF)

  • Mortgage Servicing Rights Report: 4Q25 (PDF)

  • Agency Seller-Issuer Profile: 4Q25 (PDF)

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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