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MBA: Servicing Losses Worsen by 36 Percent, But Origination Profits Rise 104 Percent

August 30, 2016
Paul Muolo
The results should surprise few: big gains on production, losses on servicing…
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Short Takes: Bank Says ‘We’re a Subprime Lender Too’ / No Ties to BofA / And the Big Three of Nonprime Lending Are… / REIT Exits NPL Market / Former MGIC Chief Lacy Dead at 71

August 30, 2016
Paul Muolo
The largest nonprime (non-QM) lenders are likely (in no certain order): Citadel Loan Servicing, Deephaven Mortgage and Angel Oak...
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REIT MBS Holdings Up Modestly in 2Q16, but…

August 29, 2016
John Bancroft
Annaly Capital Management remained the top REIT MBS investor despite an 0.8 percent drop in its portfolio.
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MBA Issues Warning on Lenders Getting Involved in Downpayment Assistance Programs

August 29, 2016
George Brooks
The FHA and the Inspector General of HUD currently are at odds over permissible sources of single-family downpayment assistance offered through housing finance agencies.
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A $2.5 Billion a Year Lender Files IPO Documents. It’s a Bank Though…

August 29, 2016
Paul Muolo
In 2014, FB Financial began retaining more of its servicing rights and now has a $4.0 billion portfolio.
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Short Takes: Just Because You’re Kicked Off the NYSE, That Doesn’t Mean… / Buying an MB for Diversification Purposes / A 10 Percent Broker Market Share and Holding / Clayton and Angel Oak / Nationstar is Hiring!

August 29, 2016
Paul Muolo
The nation's fourth largest servicer, Nationstar Mortgage, will hold a job fair on Sept. 12 at the Maude Cobb Convention Center in Longview, TX.
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Should Residential Loan Officers Worry About Their Jobs and Automation?

August 26, 2016
Paul Muolo
Depending on where they work, mortgage loan officers can earn anywhere from 20 to 100 basis points per loan.
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GSEs Introduce a New Loan Dispute Appeal Process…

August 26, 2016
Carisa Chappell
Fannie Mae and Freddie Mac introduced the IDR program back in February as the final piece to the representation-and-warranties framework.
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Law Firms Publish Joint Paper on CMBS Risk-Retention; First Compliant Deal Closes

August 26, 2016
In a somewhat uncommon occurrence, four law firms published a position paper late last week aimed at helping industry participants comply with pending risk-retention requirements for new commercial MBS. The paper was written by attorneys at Cadwalader, Wickersham & Taft; Dechert; Orrick, Herrington & Sutcliffe; and Sidley Austin. “The paper was authored...
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Mortgage Securitization Rate Drifts Slightly Lower in 2Q16, Remains Well Below Post-Crash High

August 26, 2016
John Bancroft
Fannie Mae and Freddie Mac are seeing some competition for eligible mortgages from portfolio lenders…
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Latest Imf News

  • GSE Repurchases on the Rise in 3Q

  • Seasonal Factors Drive Increase in Delinquency Rate

  • CDIA Calls Out Credit Washing for Rise in Credit Reporting Complaints

  • Home Price Growth Slows in November

More Imf News

Featured Data

  • Largest Sellers See GSE Deliveries Wane in November

  • Third-Party Lenders Boost Market Share in Third Quarter

  • Bank Mortgage Repurchases Decline in Third Quarter

  • Mortgage REITs Up Agency MBS, Shed Non-Agency

More Featured Data

Featured Reports

  • Agency Seller-Issuer Profile: 3Q25 (PDF)

  • Mortgage Profitability Report 3Q25 (PDF)

  • Lender Profiles 3Q25: Top 25 (PDF subscription)

  • Agency Channel Analysis: 3Q25 (PDF)

More Latest Reports

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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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