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PIMCO-owned FGMC Buys Assets of goodmortgage.com; Targets Fast Licensing Growth

May 10, 2016
Paul Muolo
goodmortgage.com will be operated as a division of FGMC and run as a “dba.”
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Short Takes: Taking a Discount for Being a ‘Marketplace’ Lender? / California Regulators are Watching / goodmortgage.com Founder to Stay On / A Record Month for PRMG / Ellington and Non-QMs / UGC Gets Some Extra Insurance

May 10, 2016
Paul Muolo and Brandon Ivey
New applications are booming at PRMG...
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Lenders Cozying Up to Non-QM Loans, but Challenges Remain

May 9, 2016
Brandon Ivey
Impac Mortgage, one of the better known non-QM lenders, funded $75.0 million in such loans during the first quarter of 2016, up from $50.8 million in the previous quarter.
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As MSR Markdowns Increase, Investors Show More Interest in Hedging the Asset

May 9, 2016
Paul Muolo
“To hedge, or not to hedge” sounds like something William Shakespeare might have written if he were around today making mortgages...
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Altisource Residential Posts Huge Loss for 1Q16, But Stresses Progress

May 9, 2016
Paul Muolo
Altisource Residential plans to recycle NPL money into investments of “pools of stabilized rental homes at attractive yields.”
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And the Beat Goes On: GSE Shareholder Lawsuits Inch Forward

May 9, 2016
Carisa Chappell
Investor Unite’s Tim Pagliara said that a stay would prejudice him under Virginia law, where the case is to be “expedited” and could be resolved on the merits…
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Marketplace Lender SoFi Originating $100 Million Per Month in Mortgages

May 9, 2016
Paul Muolo
Is there a future for “marketplace” lenders in mortgage banking? Opinions can differ…
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Short Takes: Suddenly, Plenty of Servicing Portfolios to Choose From / Will SoFi Be Around in 10 Years? / A Different Take on PHH / A Profit for Redwood / Hard Money for Pitbulls

May 9, 2016
Paul Muolo
Are P2P firms a fad?
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A Positive Sign: Agency MBS Market Springs to Life in April

May 5, 2016
John Bancroft
Although Fannie’s year-to-date issuance was off 8.4 percent from a year ago, it was still ahead of Ginnie through the first third of 2016.
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Investor Demand for Non-QM MBS Fairly Low. When Will the Worm Turn?

May 5, 2016
Brandon Ivey
Ron D’Vari, CEO of New Oak Capital, said borrower demand for non-QMs is strong, but there are a number of hurdles to issuing MBS with the loans.
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Latest Imf News

  • MGIC Tops Private MI Providers in Second Quarter

  • Mortgage Delinquencies Let Up in 2Q, Still Above 2025 Levels

  • Garg Seeks to Regain CEO Role at Better, Citing Shareholder Support

  • GSEs Formally End Green MBS Programs

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?

View Results
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