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Mortgage Attorneys Predict a Victory for PHH in CFPB-RESPA Case

April 21, 2016
Thomas Ressler
Former CFPB enforcement attorney Jennifer Lee said the Circuit Court was hostile towards the CFPB’s arguments on statute of limitations, separation of powers, constitutionality of the agency and more...
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Jumbo Lender First Republic Boosts Minimum Wage to $20 an Hour, Launches New Mortgage Program

April 21, 2016
Brandon Ivey
First Republic, which lends to the affluent, earned $148.87 million in the first quarter of 2016, up 6.3 percent from the previous period...
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Short Takes: Potential Trouble for Mortgage Employers? / A Crackup Coming for P2P? / Hey, What About an App That Lets You Foreclose by Hitting a Button? / Freedom Tosses Jumbo Loan / PRMG Likes ‘HomeReady’

April 21, 2016
Paul Muolo
Here's a product idea: hit a button on your cell phone and get foreclosed on...
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The Mortgage MSR Evolution Continues: From Banks to Nonbanks

April 20, 2016
John Bancroft
Nonbanks serviced $2.085 trillion of agency MBS at the end of March, a 2.9 percent increase from the fourth quarter.
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Fannie Mae Captured a Slice of Market Share in a Slumping 1Q16

April 20, 2016
John Bancroft
Wells Fargo was the top seller to the GSEs in the first quarter with $22.75 billion, followed by Quicken Loans ($11.33 billion) and JPMorgan Chase ($6.87 billion).
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Next Up for the Blackstone Group/Finance of America: Non-QM Loans

April 20, 2016
Paul Muolo
It’s expected that Blackstone/Finance of America will target borrowers who are self-employed and have a harder time qualifying for conventional mortgages.
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How to Beat TRID in the MBS Sector: Issue Securities Backed by Investment Properties

April 20, 2016
Brandon Ivey
Investors take note: The collateral has a current interest rate of 8.15 percent.
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It was Thought the TRID ‘Scratch & Dent Market’ Would Peter Out. It Hasn’t

April 20, 2016
Paul Muolo
To date, Mid America has bought roughly $115 million worth of product with TRID errors...
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Mortgage Complaints Down Across the Board – According to the CFPB

April 20, 2016
Thomas Ressler
Wells Fargo was the subject of more mortgage complaints than any other player in the sector. Then again, Wells is both the largest lender and servicer.
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Short Takes: All in the Mortgage Family / Can Ditech’s TPO Strategy Work? / The Megabanks Feeling Less Love for GSE Loans? / 38,865 Fannie Mae Shareholders / FRB Sets 1Q Production Record

April 20, 2016
Brandon Ivey and Paul Muolo
Would you lend money to your relatives? One mortgage firm has made it a business model...
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Latest Imf News

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  • MBA Economist Still Sees Interest Rates Staying Above 6.0%

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More Imf News

Featured Data

  • Correspondents Gain Market Share in Government Lending

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

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More Featured Data

Featured 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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