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FHA Production Spikes in First Quarter, VA Not So Much…

June 6, 2016
George Brooks
California led all states in VA mortgage securitization with $5.6 billion, 60.8 percent of which were refis.
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Black Knight Snags Bank of America as Client for Servicing System; A Large Win?

June 6, 2016
Paul Muolo
A research report from Keefe, Bruyette & Woods estimates that the contract could be worth $20 million to $30 million EBITDA...
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Guild Agrees to Buy AmeriPro Home Loans of Texas, A $750 Million Per Year Originator

June 6, 2016
Paul Muolo
According to a statement issued by Guild, the acquisition will make the lender/servicer “one of the largest independent mortgage banking companies in Texas.”
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Short Takes: Mortgage M&A Ready to Increase? / How AmeriPro Got Its Start / FNBA a Buyer of Non-QMs / Watt Defends His Call on the FHLBs / Hunton & Williams Names New Partner

June 6, 2016
Brandon Ivey and Paul Muolo
Meanwhile, David Lykken of Transformational Mortgage Solutions told us he was the consultant who “got Chad Overhauser in the business and helped him start AmeriPro.” Overhauser is the president of AmeriPro…
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Buoyant Housing Market Lifts Agency MBS Issuance for May; Purchase Pace Beats Comparable for 2015

June 3, 2016
John Bancroft
The three agencies produced $114.71 billion of new single-family MBS last month, a 5.3 percent increase from April’s volume.
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An Unusual Scheme: FMC Bought Performing Loans Out of Ginnie MBS but Said They Were Delinquent

June 3, 2016
Thomas Ressler
FMC bought these current loans out of Ginnie pools at lower prices applicable to delinquent loans, the SEC said. But in reality, the mortgages were really current…
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Caliber Home Loans in the Hunt for Other Acquisitions?

June 3, 2016
Paul Muolo
According to figures compiled by Inside Mortgage Finance, Caliber ranks 13th among originators, based on first quarter figures and 17th among servicers.
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California Still the ‘Golden State’ for Loans Sold to Fannie and Freddie

June 3, 2016
Carisa Chappell
In California, the average Fannie and Freddie loan was $307,302, in line with the state’s 2015 average of $310,185.
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What We’re Hearing: Director Watt, Don’t Let the GSEs Build a Capital Buffer? / What? / Ocwen Cuts U.S. Workforce, Stock Soars / Flagstar in the Hunt for a Retail Lender / Meg Burns, Consumer

June 3, 2016
Paul Muolo
The letter is meant to counteract correspondence sent earlier in the week to Watt from 10 trade organizations and community groups that want the GSEs to build capital...
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Refis Make a Comeback, Eclipse Purchase Loans in First Quarter

June 2, 2016
John Bancroft
Although purchase-mortgage lending is expected to pick up considerably in the second and third quarters, the refi market isn’t dead yet.
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Latest Imf News

  • Rocket Tops Agency Servicers With Mr. Cooper Acquisition

  • MBA Economist Still Sees Interest Rates Staying Above 6.0%

  • Agency MBS Investors Await Details on GSE Purchases

  • Servicing Valuations Cut Into Banks’ Mortgage Earnings in 4Q

More Imf News

Featured Data

  • Correspondents Gain Market Share in Government Lending

  • Solid 4Q Carries 2025 MBS/ABS to $2 Trillion

  • Agency Refi Market Rises to Three-Year High in 2025

  • Largest Sellers See GSE Deliveries Wane in November

More Featured Data

Featured Reports

  • Agency Channel Analysis: 3Q25 (PDF)

  • Mortgage Profitability Report 3Q25 (PDF)

  • Top Mortgage Players: 3Q25 (PDF)

  • Mortgage Servicing Rights Report: 3Q25 (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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