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CFPB Slams TransUnion on Claims About VantageScore, Notes Most Lenders Don’t Use it for Credit Decisions

January 4, 2017
Brandon Ivey
For years, TransUnion has worked to get mortgage lenders and the GSEs to adopt VantageScore, a move that is still under consideration, according to the Federal Housing Finance Agency.
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HECM Volume Down 10.5 Percent YoY; HECM MMIF Value at Negative $7.7 Billion

January 4, 2017
George Brooks
Through the first nine months of 2016 the HECM volume leaders were American Advisors Group, One Reverse Mortgage and Reverse Mortgage Funding.
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Nonprime Lender Citadel Now Actively Hiring Retail LOs; Ends Year with Just Over $500 Million in Originations

January 4, 2017
Paul Muolo
Citadel now has offices in California, Georgia, Oregon and plans to open an underwriting and transaction location in Salt Lake City soon.
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Short Takes: Dr. Carson to Meet the Senate / Next: Steve Mnuchin / New OneWest Allegations a Problem? Probably Not / Redwood Readies its First Jumbo MBS of the Year

January 4, 2017
Brandon Ivey and Paul Muolo
Will the leaked memo lead to confirmation problems for Mnuchin, a Goldman Sachs and Wall Street alumni? Probably not...
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ARM Originations – A Force to be Reckoned With? JPM the Market Leader

January 3, 2017
Brandon Ivey
The nation’s top three ARM producers are: JPMorgan Chase, Wells Fargo and Bank of America…
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New HUD Rules: Housing Counselor Certification a Must

January 3, 2017
George Brooks
The agency said 108,875 homeowners avoided foreclosure after seeking assistance from a HUD housing counselor.
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A Small Club: Nonbank Mortgage Firms (or Their Owners) That Have Purchased Depositories

January 3, 2017
Paul Muolo
Consultant Joe Garrett notes: “It’s a very small club of mortgage bankers who’ve bought banks…”
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A Done Deal: Arch Completes Purchase of No. 1 Ranked MI, United Guaranty

January 3, 2017
Paul Muolo
With the purchase now complete, there are just six MI firms in the U.S.
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Floodwaters of Negative Equity Continue to Recede

January 3, 2017
Thomas Ressler
When the housing recession was in its early years, negative equity was most pronounced in a handful of Southwestern and Southeastern markets...
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Short Takes: Mortgage M&A Bust? / Don’t Expect Sellers to Cave on Price / RPM Mortgage Hungry for Deals? / Bank M&A Quite Strong in a Post-Crisis Sort Of Way

January 3, 2017
Paul Muolo
With rates rising (and staying that way, for now) mortgage M&A is expected to pick up steam in the coming months...
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Latest Imf News

  • GSE Buybacks in 2025 Fall to Level Last Seen in 2020

  • Senator Launches Investigation of FICO’s Pricing Practices

  • Waters Seeks Changes to Housing Bill From Senate

  • CFPB Charts New Path With Draft Strategic Plan

More Imf News

Featured Data

  • GSE Deliveries Fall 11.4% in February

  • Nonbank Earnings Slip in 4Q25, Fail to Match 2024

  • Bank ABS Holdings Edge Higher in Fourth Quarter

  • REIT MBS Holdings Still Growing as 2025 Closes

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Featured Reports

  • Agency Channel Analysis: 4Q25 (PDF)

  • IMF Mortgage Directory: Full interactive database

  • IMF HMDA Dashboard: 2024

  • Top Mortgage Players: 3Q25 (PDF)

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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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