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Merrill Lynch Tells PHH to Take a Hike on Private-Label Contracts; Stock Clobbered

April 11, 2016
Paul Muolo
PHH isn't saying much on the touchy subject of Merrill Lynch at this time...
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Short Takes: The ‘Banksters’ Aren’t Going to Jail But They Are Paying Through the Nose (Goldman Sachs) / CFPB Chief Cordray Tries to Clear the Air on TRID ‘Cures’ / Nation’s Largest Mortgage REIT to Buy Another / Two New Directors for Fannie Mae

April 11, 2016
Paul Muolo and Brandon Ivey
Associate Attorney General Stuart Delery: “This resolution holds Goldman Sachs accountable for its serious misconduct..."
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Wells Fargo Agrees to Pay U.S. Record $1.2 Billion to Settle Allegations of FHA Fraud

April 9, 2016
Paul Muolo
As recently as this past summer, there was talk in the industry that Wells Fargo might counter-sue the government...
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Non-Mortgage ABS Up Almost 30 Percent From 4Q15, But…

April 8, 2016
John Bancroft
In 1Q, the residential MBS sector was down 7.1 percent from 4Q15 with $277.05 billion in new issuance. It was the lowest output since the second quarter of 2014...
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New Study: Realtors Like the ‘Call Center’ Lending Model

April 8, 2016
Brandon Ivey
Of course, Quicken isn't the only lender that uses call centers to produce retail loans...
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Preserve Fannie and Freddie Somehow? Okay, but What About Expanding the Credit Box?

April 8, 2016
Carisa Chappell
What's the right answer to the GSE "problem"? A new Congress and White House will have to decide...
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Blackstone May Take its SFR Platform, Invitation Homes, Public

April 8, 2016
Paul Muolo
Blackstone’s SFR unit, Invitation Homes, appears to be the market leader with 50,000 rental units nationwide.
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What We’re Hearing: Hot Commodities: Mortgage Call Centers? / Morningstar Says Chillax on TRID / MBA’s Chief Dave Stevens: It’s Not Just ‘Bellyaching’ / Do or Die Time For Ocwen? / Carol Galante Will Earn How Much at Ocwen? / Casey Crawford Scores, Again

April 8, 2016
Paul Muolo
The mortgage industry is still demanding “formal” guidance from the CFPB on TRID and will accept nothing less.
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A Different Type of Housing Crisis: A Coming Shortage of Qualified Appraisers?

April 7, 2016
Carisa Chappell
Of considerable concern is the shortage of appraisers in specific markets.
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GSE MBS Issuance Takes a Breather in 1Q16; Refis Head North Again

April 7, 2016
John Bancroft
There was a modest 1.8 percent increase in refinance business, and refi loans accounted for over half (52.1 percent) of GSE business in the first quarter – the first time refi activity exceeded purchase lending since early last year.
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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?

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