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MountainView Selling $3.6 Billion Fannie Mae MSR Portfolio

June 1, 2018
Paul Muolo
The seller of the portfolio, who was not identified, wants to complete the transaction by July 31.
Read More

The GSEs in Conservatorship: Sure Doesn’t Seem Like It

June 1, 2018
John Bancroft
“We’re partnering with external firms to understand and anticipate their needs,” said Freddie Mac official Kevin Palmer…
Read More

What We’re Hearing: Making Lemons out of Lemonade / Mortgage Brokers Trim Staff / A RIF at Movement Mortgage / The FHFA-OCC Connection / Conventional Lenders Eyeing the Non-QM Market? / A Tech Firm Looked at NSM

June 1, 2018
Paul Muolo
Although some conventional lenders are struggling with lower volumes, Angel Oak and Citadel Servicing Corp. are humming along...
Read More

Surprise: Citizens (a Bank) Agrees to Buy 19th Largest Originator FAMC for $511 Million

May 31, 2018
Paul Muolo
A commercial bank buying a large mortgage company? Yes, indeed...
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The Mortgage Industry Ponders: How to Finance ‘Gig Economy’ Borrowers

May 31, 2018
Brandon Ivey
Seventy-one percent of lenders said borrowers with gig-economy income have applied for a mortgage within the past year...
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First-Time Buyer Share of Purchase-Mortgage Market Up in Early 2018

May 31, 2018
John Bancroft
First-time buyers continue to fight the challenges of rising house prices, higher interest rates and depleted inventory…
Read More

Cherry Hill REIT Raising Nearly $50 Million, Prompting Speculation on Expansion

May 31, 2018
Brandon Ivey
The REIT was vague when describing what the cash will be used for, sticking to the standard line about using the proceeds for “general corporate purposes.”
Read More

Citizens Bank Agrees to Buy Top-Ranked TPO Lender FAMC for Just 1.1-Times Book

May 31, 2018
Paul Muolo
Roughly 95 percent of FAMC's production comes from brokers and correspondents, according to Inside Mortgage Finance...
Read More

Castle & Cooke Mortgage Sold to CEO Adam Thorpe and Eli Global

May 31, 2018
Paul Muolo
Based in Durham, NC, the privately held Eli Global has insurance assets and tries to keep a low profile.
Read More

Short Takes: Mel Watt’s Successor May Be… / Morgan Stanley had a Role in the FAMC Deal / Consolidation Nation? / A New MBS from Redwood / New Hires for Home Point

May 31, 2018
Brandon Ivey and Paul Muolo
The consolidation tidal wave approaches ... or maybe not...
Read More
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Latest Imf News

  • Refis Drag Down Agency MBS Issuance in May

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Featured Data

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Featured Reports

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