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What We’re Hearing: Caliber and PHH, an Update / Not a Good Thing: Having Too Much of Your Net Worth Tied up in MSRs / Banks and Brokers: No Longer in Love / Will a Retail Subprime Lender Emerge and Go National? / IU Chief Loses GSE Case

August 26, 2016
Paul Muolo
Angel Oak, by the way, is licensed to lend in 30 states. It hopes to be in 40 within the next year, said company official John Hsu…
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Jumbo Originations Increase Sharply in 2Q as Megabanks Turn on the Gas

August 26, 2016
Brandon Ivey
Marianne Lake, Chase’s CFO, said jumbos are the bank’s “first priority” among mortgage originations.
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Retail Market Share Hits a Two-Year High

August 25, 2016
John Bancroft
The wholesale-broker market held its ground, maintaining a 10.0 percent share of new originations, Inside Mortgage Finance found.
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TRID Impact on Purchase-Mortgage Process Receives Widely Differing Assessments from Real Estate Agents

August 25, 2016
Brandon Ivey
One real estate agent did not mince words: "TRID is a nuisance and should be done away with immediately if not sooner. Shut the Consumer Financial Protection Bureau.”
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PHH to Lose Part of HSBC Contract. A New Tally on Damages: A 47% Decline in Subservicing Contracts

August 25, 2016
Paul Muolo
PHH says loss of the HSBC subservicing contract on the 139,000 loans will reduce pre-tax earnings by $10 million.
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Did Someone Die in the House You’re About to Make a Mortgage On?

August 25, 2016
Sherry Muolo
California, Alaska, and South Dakota are the only states required to disclose death on property information in written disclosures…
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FHFA Readies Successor Program to HARP. Name to Follow

August 25, 2016
Carisa Chappell
FHFA estimates there are roughly 300,000 homeowners potentially eligible to refinance through HARP.
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Short Takes: Stonegate Mortgage a Buyer of Other Firms? / The Other Stonegate Buys a Florida Bank / The Kings of the Channels / A New Permanent CEO for Clayton / Former FHFA Director DeMarco Sets the Record Straight

August 25, 2016
Paul Muolo
From what we understand, Stonegate Bank is not very active in residential lending, but Insignia is…
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CFPB Considering Registration System for Nonbanks, Mortgage Firms Included

August 24, 2016
Thomas Ressler
A CFPB nonbank registration system might be used to collect financial and operational data and information on a lender’s organizational structure…
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Redwood Shoots Down Report on Suspension of its Jumbo MBS Program

August 24, 2016
Brandon Ivey
In recent years, Redwood has favored whole loan sales to jumbo MBS due to pricing considerations, but the company has continued to issue jumbo MBS.
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Latest Imf News

  • GSE CRT Issuance Drops in Second Quarter

  • Home Prices Decline in July, Drop in CA

  • Homebuilders Seeing Stronger Demand From Affluent Buyers

  • Lenders Seek Revisions to TRID Requirements

More Imf News

Featured Data

  • FHA Loss-Mitigation Removals Spike in 2Q

  • Prime Non-Agency MBS Issuance Drops in 2Q

  • Agency MBS Issuance Sags in July as Refi Market Fades

  • Rocket, Chase Give Up Some Servicing Share in 2Q

More Featured Data

Featured Reports

  • 2026 Mortgage Market Statistical Annual (PDF)

  • IMF HMDA Dashboard: 2025

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Mortgage Servicing Rights Report: 1Q26 (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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