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The BLS Numbers: Mortgage Bankers Trim Head Count, Loan Brokers Hire

May 8, 2017
Paul Muolo
AmeriHome Mortgage, a larger correspondent buyer of loans, recently said it’s hiring internal support positions.
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Short Takes: KBW Questions the Value of CRTs for Fannie and Freddie / A Price Target of $1 a Share / Cardinal Enters Wholesale Arena / Stevens Weighs in on GSE Speculators / Greystone’s New Hire

May 8, 2017
Paul Muolo
Some in the industry believe the GSE common shares are essentially worthless with the junior preferred falling into the category of being a speculative bet.
Read More

LO Compensation Differs For Retail, Consumer Direct

May 8, 2017
Brandon Ivey
Consumer-direct LOs had a higher average base compensation than retail LOs but received much lower incentive payments.
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Moody’s: Trump Tax Reform a Credit Negative for Fannie and Freddie

May 8, 2017
Carisa Chappell
Industry observers like Tim Howard, a former Fannie CFO, said that while reducing the corporate tax rate would lower the taxes the GSEs pay in the long run, it would drain the value of their DTAs in the short term.
Read More

GSEs Keep Pushing to Expand the Credit Box. But are they Satisfied? Is the FHFA?

May 8, 2017
John Bancroft
According to an Inside MBS & ABS analysis, the average credit score for GSE business in the first quarter was 745.1…
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Phoenix Selling Almost $5 Billion of Servicing Rights

May 8, 2017
Paul Muolo
The company that owns the portfolio was described in the offering circular only as an “experienced seller.”
Read More

CFPB Wants Public Input on Mortgage Servicing Rule

May 5, 2017
Thomas Ressler
The bureau specifically invited mortgage loan servicers and other industry representatives to comment on its assessment plan...
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A Bull Market for Newly Originated Nonprime Whole Loans?

May 5, 2017
Paul Muolo
One fact seems certain: there are more purchasers for non-agency/nonprime loans than a year ago with a handful of foreign and even U.S. banks contemplating acquisitions…
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CHOICE Act 2.0 Could Spell Trouble for the FHFA and Director Mel Watt

May 5, 2017
Carisa Chappell
The FHFA was created in part because its predecessor, the Office of Federal Housing Enterprise Oversight, was widely seen as lacking enough independence to adequately oversee the GSEs...
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PennyMac Financial’s Income Down 52 Percent in 1Q17, Originations Off 32 Percent

May 5, 2017
Brandon Ivey
After the end of the first quarter, PennyMac acquired a bulk portfolio of Ginnie Mae mortgage servicing rights with an unpaid principal balance of $4.30 billion.
Read More
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Latest Imf News

  • First-Lien Originations Decline by 16% in Third Quarter

  • Income Spikes at Rocket in Third Quarter, Helped by Servicing

  • Redwood Issuing Private Non-Agency MBS, No AAA Ratings

  • Pennymac Sees Loss on Production in 3Q; Servicing Profits

More Imf News

Featured Data

  • Seller Repurchases of GSE Loans Bounce Up in 2Q

  • Retail Share Rising in Conventional-Conforming

  • Refi Activity Plummets, Dragging Down Agency MBS in 3Q

  • ARM Production Rebounds

More Featured Data

Featured Reports

  • Mortgage Servicing Rights Report: 2Q26 (PDF)

  • Lender Profiles 2Q26: Top 25 (PDF)

  • Agency Seller-Issuer Profile: 2Q26 (PDF)

  • Top Mortgage Players: 2Q26 (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?

View Results
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