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M&A Roundup: Freedom Mortgage Poised For Growth, Ditech Headed for the Exit?

March 23, 2017
Although 2017 is expected to be a down year for originations, Freedom Mortgage – already a top-10 ranked lender – is poised for growth via mergers and acquisitions and is pondering deals for both servicing rights and other shops. Company CEO and founder Stanley Middleman told Inside Mortgage Finance bluntly: “We’re shopping.” Although Middleman declined to name any targets, he said...
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A Change in the GSE PSPAs Coming Soon? Don’t Bet on It…

March 23, 2017
Paul Muolo
Waiting for a change in the GSE PSPAs is like waiting for Godot...
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Home-Equity Lending Up in 2016, but HEL Debt Sinks to 13-Year Low

March 23, 2017
John Bancroft
At the end of 2016, the supply of outstanding home-equity loans fell to $595.4 billion from $607.9 billion the year prior…
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VA Considering Stronger Measures to Stop Early Solicitation of Purchase Loans for Refis

March 23, 2017
George Brooks
There have been scattered reports that some lenders and brokers are still chasing quick-turn refis aided by secondary market investors offering to buy and securitize those loans.
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SFIG Plots Next Steps in Effort to Revive Non-Agency MBS Market

March 23, 2017
Brandon Ivey
SFIG’s said its RMBS 3.0 task force will be holding calls during the next two weeks to discuss ongoing work in the latest areas of focus…
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Nationstar Mortgage EVP and CFO Robert Stiles Departs

March 23, 2017
Paul Muolo
In early March, Stiles filed notice to sell 11,931 shares of Nationstar common at a price of $18.40 a share or $219,530.
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Wall Streeter Phillips to Play ‘Critical’ Role at Treasury on GSE Reform; GSE ‘Principles’ Coming Soon from Trump?

March 22, 2017
Paul Muolo
Calabria joined the Trump administration from the conservative Cato Institute and is no fan of the GSEs...
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Short Takes: Reading the Mortgage Tea Leaves for 1Q17 / When in Doubt, Go Non-QM / Impac by the Numbers / Applications Fall, Existing Homes Sales Drop as Well

March 22, 2017
Paul Muolo and Brandon Ivey
Don’t look now but the yield on the benchmark 10-year Treasury is now down to 2.40 percent. And just in time for the spring home buying season…
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HECM Production Stumbles a Bit in 2016

March 22, 2017
George Brooks
Among the top 10 originators in 2016, Reverse Mortgage Solutions posted the largest annual decline at 64.5 percent. RMS is owned by Walter Investment…
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Finance of America Commercial Makes Big Push Into Broker Market with ‘Fix & Flip’ Lending

March 22, 2017
Paul Muolo
CEO Mark Filler said FoAC is now offering fix-and-flip loans as cheaply as 6.99 percent…
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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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