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MountainView Selling $3 Billion of Ginnie Mae Servicing Rights

August 16, 2016
Paul Muolo
In a tough Ginnie MSR market, servicing advisors believe deals can get done as long as the seller has realistic expectations on price.
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Jumbo MSR Market Hit $863 Billion at Mid-Year

August 16, 2016
Brandon Ivey
Second-ranked Chase Home Finance serviced $176.60 billion of jumbos at June 30, up 4.1 percent compared to 1Q16…
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Caliber Home Loans Taking a Look at PHH Assets?

August 16, 2016
Paul Muolo
For now, Caliber isn’t commenting on PHH and the latter isn’t discussing anything to do with a sale of its assets.
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Walter’s New CEO Tony Renzi Could be a $5 Million Man His First Year

August 16, 2016
Paul Muolo
Compared to the second quarter of last year, revenues at Walter declined an ugly 54.6 percent to $187.5 million. In other words, Renzi has a lot to turn around…
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Arch/UGC Deal Will Give Combined MI Entity a 28.9 Market Share

August 15, 2016
Paul Muolo
According to IMF, UGC ranked first in insurance-in-force of $186.96 billion at midyear. Arch MI was seventh at $33.36 billion.
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Freedom Mortgage Acquires Sterling National Bank’s Mortgage Origination Operations

August 15, 2016
Brandon Ivey
Freedom had $13.27 billion of originations in the second quarter, up 42.5 percent from the previous quarter, according to Inside Mortgage Finance.
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Fannie Could Issue More than $20.0 Billion in MBS Backed by Modified Mortgages

August 15, 2016
John Bancroft
Fannie Mae recently released performance data covering some $70.0 billion of outstanding modified loans as well as $60.0 billion of modified loans that have either re-defaulted or paid down.
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Short Takes: Borrowers Seek Higher Loan Amounts / Home Improvement Loans from Marketplace Lenders / Prepayment Penalties on Jumbo Mortgages / VA Loan Mod Update

August 15, 2016
George Brooks and Brandon Ivey
On loan applications for 30-year fixed-rate conventional mortgages received in June 2016, the average loan size was $316,000, up from an average of $259,000 in June 2012, according to the Mortgage Bankers Association.
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FHA Endorsements Increase on Purchase Activity in Second Quarter

August 15, 2016
John Bancroft
The FHA endorsed a total of $61.54 billion of forward mortgages during the second quarter, according to a new Inside FHA/VA Lending analysis and ranking.
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Jumbo MBS Planned by JPMorgan Chase Includes Many Non-QMs

August 15, 2016
Brandon Ivey
Non-QMs will account for 20.2 percent of the planned $302.71 million JPMorgan Mortgage Trust 2016-2.
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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

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  • Lender Profiles 2Q26: Top 25 (PDF)

More Latest 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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