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Quicken Sets New Monthly Origination Record, but…

September 7, 2016
Paul Muolo
JPM, though, relies heavily on correspondent loan purchases to gather loans while Quicken bills itself as a direct-to-consumer/retail lender.
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Short Takes: A New Production Milestone for Citadel / Other Nonprime Funders / FBR Feels Quite Bullish About 2016 / A Focus on Mortgage-Centric Depositories / And the NPL Winners Are…

September 7, 2016
Paul Muolo
FBR & Co. raised its estimate on residential loan production for 2016: $1.90 trillion for 2016...
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Title Agents Respond to TRID Tweaks – and the Comments Aren’t Pretty

September 6, 2016
Thomas Ressler
One agent noted: “Consumers around the country continue to receive inaccurate information at the closing table about their title insurance costs...”
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‘Value’ Hedge Fund Kingstown Cuts Stake in Ocwen Financial

September 6, 2016
Paul Muolo
Kingstown is known as a value-oriented hedge fund, with roughly $1.5 billion of assets under management.
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Incenter Mortgage Advisors Completes Trade of $8.87B Ginnie MSR Package

September 6, 2016
Paul Muolo
IMA’s Piercy noted that deals can get done – as long as the seller is realistic about pricing.
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Investors Unite Chief Loses Argument to Inspect Freddie Mac’s Records

September 6, 2016
Carisa Chappell
IU’s Tim Pagliara owns roughly 346,000 shares of Freddie’s junior preferred stock, according to court documents.
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Short Takes: More Origination Records for Lenders? / An MSR Offering From Phoenix / A Broker Comp Problem? / Ellie Share Price Remains Sweet / A New Hire for StoneHill

September 6, 2016
Paul Muolo
Mortgage software vendor Ellie Mae has a current market capitalization rate of $3.31 billion...
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Bank MSR Holdings Fall Below $4 Trillion. Is $3 Trillion Next?

September 6, 2016
John Bancroft
Only two of the top 10 banks as ranked by “servicing for others” have been in growth mode: PNC Bank and SunTrust.
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Going, Going but Not Quite Gone: GSE Buyback Demands

September 2, 2016
John Bancroft
The GSE buyback total was down 20.6 percent from the first quarter…
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New CFPB Rule on Servicing May Actually be Good in Some Ways

September 2, 2016
Brandon Ivey
Although the new requirements could prompt an increase in costs, analysts said a new requirement aimed at increasing the number of times troubled borrowers are evaluated for loss mitigation will be particularly helpful in certain states…
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Latest Imf News

  • Ginnie Issuance Declines in First Quarter, Refis Steady

  • Housing Shortage Less Acute With Changes in Economy

  • HUD Official Clashes With Fair Housing Advocates

  • Applications for Purchase Mortgages Trailing 2025 Level

More Imf News

Featured Data

  • ARM Production Bounces Back in Fourth Quarter

  • Home Equity Loan Originations Decline in Fourth Quarter

  • GSE Seller Buybacks and Unresolved Claims Decline

  • Profits Sag at FHLBanks in Fourth Quarter

More Featured Data

Featured Reports

  • Mortgage Profitability Report 4Q25 (PDF)

  • Agency Channel Analysis: 4Q25 (PDF)

  • GSE Repurchase Activity: Cumulative Through Fourth Quarter 2025 (PDF Format)

  • IMF Mortgage Directory: Full interactive database

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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