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Short Takes: Lenders One Still Searching for a Permanent CEO / LOMC Hikes Dividends Paid to Members / Parseghian Steps Down from PHH Board / Ocwen Insider Buys Low / Amy Brandt Schumacher Joins New Penn

March 7, 2016
Paul Muolo
Wall Street veteran Greg Parseghian has informed the board of PHH Corp. that he will retire as director of the publicly traded nonbank.
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Ellington Ramps Up for Non-QMs; Sets a Goal of $20 Million Per Month

March 7, 2016
Brandon Ivey
Ellington is also investing in lenders that originate the loans.
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The Jumbo MBS Drought is About to End

March 7, 2016
Brandon Ivey
Fitch didn’t adjust its loss expectations due to TRID compliance issues, noting that the risk for investors was “immaterial...”
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GSE MBS Market Share Continues to Fall; 2015 the Lowest Reading In Eight Years

March 7, 2016
John Bancroft
February’s new issuance was also the lowest monthly total for the GSEs since May 2014...
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MBA Still Hopes for Clarity from the CFPB on TRID Errors

March 7, 2016
Paul Muolo
Stevens said there has been “a lot of back and forth” on the topic with the regulator…
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Wholesale Mortgage Team Seeks a New Home

March 7, 2016
Paul Muolo
According to survey figures from Inside Mortgage Finance, wholesale/broker production accounted for 9.6 percent of fundings in the fourth quarter of 2015...
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Regulation, Competition Continue to Squeeze Mortgage Banking Profit Margins

March 4, 2016
Brandon Ivey
Fannie Mae found that lenders’ profit margin outlook fell steadily throughout 2015 after peaking in the first quarter, even with a strong job market and low interest rates.
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One Last Boost for HARP as GSEs Target Borrowers with Older HAMP Mods

March 4, 2016
Carisa Chappell
The FHFA said about 16,000 HAMP borrowers facing resets are eligible for HARP.
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The CFPB Has Four Mortgage Priorities Over the Next Two Years

March 4, 2016
Thomas Ressler
The CPFB it will continue to work with institutions to support implementation of its mortgage rules and “begin to assess the effectiveness of significant rules.”
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Short Takes: Tidbits from FHFA / Court Rules GSEs Aren't Federal Instruments / Moody's Downgrades Walter / FDIC on Abandoned Foreclosures

March 4, 2016
Brandon Ivey and Carisa Chappell
The GSEs will publicly release their non-performing loan sales data for the first time, conclude their assessment of various credit scoring models and the FHFA will issue a request for input on front-end credit risk transfer transactions.
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Latest Imf News

  • Agency MBS Issuance Declines in October

  • loanDepot Losses Tick Up in 3Q

  • Former Ginnie Leaders Call for Liquidity Backstops

  • Jumbo Borrowers Need to Reset Rate Expectations

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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