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New GSE Application Allows for Cell Phone Numbers, Email Address, More. Industry Applauds

August 23, 2016
Paul Muolo
Regarding the omission of cell phone numbers and email addresses, one Florida-based mortgage executive said, “It drove us crazy – of all things not to have in this day and age.”
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The Final Tally: Nonbanks Battered by MSR Accounting in 2Q16

August 23, 2016
John Bancroft
Nine nonbanks reported a combined net loss of $339.5 million on mortgage-banking activity for 2Q16, but that was actually an improvement...
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CMC Warns About FDCPA, Fears Servicing Costs Will Rise Even More

August 23, 2016
Paul Muolo
The CMC – which represents several large commercial banks – calls the FDCPA an “antiquated and poorly drafted" statute...
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Mortgage M&A Activity Continues Apace; Eight Deals in Two Months

August 22, 2016
Paul Muolo
Meanwhile, it’s anticipated that private equity firms could play an even larger role...
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Non-QM Lending Stuck in a Funk?

August 22, 2016
Thomas Ressler
Investors are more willing to buy non-QM loans as long as they are Alt A in nature, industry sources told Inside the CFPB…
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Short Takes: Will Ocwen Come Roaring Back? / A 29 Percent Decline in MSR Contracts / Finally, A Stock Deal / HUD Left Money on the Table / A New Director for Altisource

August 22, 2016
Paul Muolo
Is Ocwen's share price extremely undervalued?
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Mortgage Underwriters Make How Much?

August 22, 2016
Sherry Muolo
Stratmor based its findings on results from 36 companies. Most of the focus was on retail lending.
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Call Reports Show Modest Increase in Mortgage-Banking Income for 2Q16

August 22, 2016
John Bancroft
The call-report data pose an interesting, and contrary, view of the banking industry’s mortgage-banking activity during the second quarter…
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MBA’s ‘Profit’ Falls Ever So Slightly; Revenues Increase Along With Salaries

August 22, 2016
Paul Muolo
The top revenue generator for MBA was membership dues at $18.24 million. Its annual convention took in $7.5 million while all other conferences generated revenue of $17.70 million.
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Tennessee Bank FB Financial Files for IPO, Looks to Increase Mortgage Business

August 22, 2016
Brandon Ivey
FB also services roughly $4.02 billion in residential loans…
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Latest Imf News

  • Servicing Portfolios Decline at Rocket, Chase in 3Q

  • Onity Adjusting MSR Acquisition Strategy, Subservicing

  • Ending GSE Conservatorship by 2028 Looks Unlikely

  • Consumer Advocates Seek Stronger Regulation of HEIs

More Imf News

Featured Data

  • Top Ginnie Servicers Increase Portfolios in Third Quarter

  • Major Lenders Pull Back on ECM MBS in 3Q

  • Resets Drive CLO/CDO Issuance Higher in 3Q

  • Originations Tumble 16% in Third Quarter

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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