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Home » Topics » News » IMFnews

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A Land Rush Into Non-QM Lending? Carrington Preps First Deal

December 20, 2018
Paul Muolo
Carrington President Ray Brousseau said the nonbank is committed to the underserved borrower market…
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Short Takes: loanDepot CEO: Nothing but Blue Skies for Loan Officers / It’s Not Cancelled Until It’s Cancelled / An Op-Ed Counterweight / A Pile of Coal for Stocks / Second LP Analogies / Don’t Look at the Dow / A New CEO for PRMI

December 20, 2018
Paul Muolo
Hindes’ piece is entitled “Fannie and Freddie didn’t get a bailout. It was a stick-up.”
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‘Alternative’ Hedge Fund Varde Ponders Selling Nonprime Unit Deephaven; Other M&A Deals Begin to Percolate

December 20, 2018
Varde Partners, which four years ago purchased fledgling nonprime lender Deephaven Mortgage, Charlotte, NC, is now contemplating selling the company, industry officials who claim to have knowledge of the matter told Inside Mortgage Finance this week.
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FHA Commissioner Montgomery Takes on Added Role as HUD Number Two After Patenaude Departs

December 20, 2018
First, the good news: Department of Housing and Urban Development Secretary Ben Carson appears to be staying put despite recent rumors he might be up for another job in the Trump administration.
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Ditech Decides Not to Make Scheduled Debt Payment. Meaning?

December 19, 2018
Paul Muolo
Ditech's shares now trade for just six cents apiece...
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Adverse Ruling in Closely Watched Case Could Increase Servicer Liability

December 19, 2018
George Brooks
The Tenth Circuit found the FDCPA’s plain language to be controlling…
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PRMI President and CEO Dave Zitting to Depart After Selling His Stake in the Lender

December 19, 2018
Paul Muolo
Founded 20 years ago, PRMI is a retail-only lender that funded $3.7 billion through the first nine months of 2018…
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FHA Drops Warranty Requirements for New Single-Family Construction

December 19, 2018
George Brooks
FHA says positive trends in the housing sector have weakened the need for the multi-year warranty.
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Short Takes: Do GSE Servicers Need to Worry About Liquidity? / MF Cap Set at $35 Billion / New American Buys Minnesota Lender / Humble Beginnings / Kraninger Will Keep the CFPB Name / BoNY Mellon to Enter Non-Agency Market as Master Servicer

December 19, 2018
Brandon Ivey and Paul Muolo
Liquidity means access to cash – and is a chief concern of Ginnie Mae acting president Michael Bright as well…
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SRPs Remain High. MSR Interest Strong but Declining Rates Begin to Weigh

December 18, 2018
Paul Muolo
One advisor said he knows of three bulk transactions that are stalled: one sized at $7.0 billion, another at $16.0 billion, and one more at $24.5 billion.
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Latest Imf News

  • Senate Leaders Not Ready to Go With House on Housing Bill

  • Rate Sharply Increases Correspondent Sales in 2025

  • GSE VantageScore Pilot Secrecy Extends to Credit Bureau

  • FHLBanks Improving Relationships With Federal Reserve

More Imf News

Featured Data

  • Primary MI Volume Down in 1Q26, Govt Share Edges Up

  • Banks Report Slight Drop in Mortgage-Banking Income

  • Retail Lenders Boosted by Rising Refis

  • Fannie and Freddie Earnings on Different Trajectories

More Featured Data

Featured Reports

  • Mortgage Profitability Report 4Q25 (PDF)

  • Lender Profiles 4Q25: Top 25 (PDF)

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Top Mortgage Players: 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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