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In its Latest PHH Filing, the CFPB Sticks to the Main Premise: the Bureau’s Structure is Constitutional

April 4, 2017
Thomas Ressler
The CFPB noted: “The bureau’s constitutionality has been challenged frequently, but has yet to be addressed by a court of appeals…”
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Fast-Growing Nonprime Lender Angel Oak Adds Four Executives, Aims to Double Sales Force

April 4, 2017
Paul Muolo
Angel Oak employs 52 wholesale account executives and hopes to add three to four additional ones a month.
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Signs of Life in the Ginnie Mae Servicing Market? Not Really, but…

April 4, 2017
Paul Muolo
Servicing brokers believe that the relatively strong showing in Ginnie transfers in the fourth quarter might have been an aberration…
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Short Takes: Skyline Posts Strong Purchase Lending Numbers / Banks and CUs Pony Up to the IO Bar / Flagstar’s New Wealth Advisory Business / Thanks to AVMs and Google Earth, All Appraisers May be Toast / Frommeyer Leaves NAMB

April 4, 2017
Paul Muolo
A former Utah appraiser said she lost her job to AVMs and now drives a bus for $40,000 a year...
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Coming May 1: FHA’s New Loan Review System (Defect Taxonomy)

April 4, 2017
George Brooks
The ultimate goal of the LRS is to reduce lenders’ liability risk and minimize overlays…
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Flagstar Will Acquire ‘Certain’ Assets of $3-Billion-a-Year Lender Opes

April 4, 2017
Paul Muolo
With the purchase of Opes, Flagstar likely will move up two spots in the origination rankings to number 12, according to Inside Mortgage Finance.
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Origination of IO Mortgages Spiked by Almost 37 Percent in 2016

April 4, 2017
Brandon Ivey
PHH Mortgage, which is restructuring its operations, was the top ranked interest-only lender in 2016…
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While Conventional Lending Faces Challenges, Nonprime May Soar

April 3, 2017
Paul Muolo
Angel Oak competitor Citadel Servicing Corp., Irvine, CA, is planning to come to market with its first deal, a rated security that could top $160 million…
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Short Takes: Fixing the GSEs: A Slam Dunk? / ‘Abundant’ Bipartisan Agreement? Huh? / How Rep. Jeb Gets There / Seller-Financing for Altisource / Paul Miller Departs FBR

April 3, 2017
Paul Muolo and Brandon Ivey
We've an opinion or two from mortgage lobbyists that Rep. Hensarling might be open to some type of government guaranty on MBS, but how he might agree to such an animal has yet to be revealed…
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Invitation Homes Reveals FY 2016 Results: a $96.8 Million Loss

April 3, 2017
Paul Muolo
Invitation Homes also has unsecured warehouse loan agreements with its sponsor…
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Latest Imf News

  • UWM Considering Selling MSRs in Smaller Batches

  • Deliveries to GSEs Shift to Higher-Risk Characteristics in 3Q

  • FICO Boosts Mortgage Score Revenue, Withholds Guidance

  • Non-Agency-Focused Arc Home Breaks Even in Third Quarter

More Imf News

Featured Data

  • Resets Drive CLO/CDO Issuance Higher in 3Q

  • Originations Tumble 16% in Third Quarter

  • Seller Repurchases of GSE Loans Bounce Up in 2Q

  • Retail Share Rising in Conventional-Conforming

More Featured Data

Featured Reports

  • Mortgage Profitability Report 2Q26 (PDF)

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Mortgage Servicing Rights Report: 2Q26 (PDF)

  • Lender Profiles 2Q26: Top 25 (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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