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Home » Topics » News » IMFnews

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Altisource Asset Posts Earnings Improvement, but Revenue Declines; Stock Clocked

August 10, 2015
Paul Muolo
In trading Monday, investors were not treating AAMC’s stock kindly.
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Short Takes: Will Other Nonbanks Follow loanDepot on HELOCs? / A Threat to the MI Industry? / Auction.com Updates Forecast / BofA and Its ‘Goodwill’ / Altisource Makes it Official on Willison

August 10, 2015
Paul Muolo
Will the industry see a flood of nonbanks into the second lien market?
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M&T in Talks With Feds Over GSE and FHA Underwriting Practices

August 10, 2015
George Brooks
The bank said it is cooperating with the two investigations, which could result in treble damages under The False Claims Act.
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Congress Expands Reporting for Mortgage Interest, Hopes to Net $180 Million Annually

August 7, 2015
Brandon Ivey
The brunt of the new revenue also looks as though it will be collected from mortgage borrowers.
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Shellpoint Plans to Reenter the Jumbo MBS Market Nearly Two Years After Planned Sale Was Scrapped

August 7, 2015
Brandon Ivey
The new jumbo deal from Shellpoint includes originations from New Penn along with contributions from 30 other lenders.
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CFPB Throws Down the Gauntlet on Marketing Service Agreements; Home Builders a Target?

August 7, 2015
Paul Muolo
Brian O’Reilly, president of The Collingwood Group, believes the CFPB is out of control with its regulatory crackdown...
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Mortgage Bankers and Brokers Continue to Hire, 1400 Positions Added

August 7, 2015
Paul Muolo
Servicing employment has been under pressure the past few years as loan processors such as Ocwen Financial, Nationstar Mortgage and others move to offshore as many back office workers as possible.
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What We’re Hearing: Is PHH the Next Ocwen? / A Marketing Service Agreement Problem? / Time to Buy Beat-Down Mortgage Stocks? / Another Tech Bubble? / BofA Selling NPLs and RPLs / Realtors Optimistic but Concerned Too

August 7, 2015
Paul Muolo
Meanwhile, PHH may be facing exposure on a front that investors had no clue about until recently: marketing service agreements...
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Short Takes: Stand by Your PHH / The New (Regulatory) Norm for the Mortgage Industry / MPF Jumbo a Dud? / Commercial Production on the Rise / A New Guardian for Guardian

August 6, 2015
Brandon Ivey, Paul Muolo, and Sherry Muolo
Is now a time to buy into PHH?
Read More

The Fastest Growing Loan Types in 2Q: Jumbos and FHA/VA

August 6, 2015
John Bancroft
Over the winter, the VA program had quietly become a much more significant factor in the government-insured market...
Read More
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