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Short Takes: Some Details on LPMI Volume and Discounting / Happy Birthday to the CFPB and Dodd-Frank? / Do Mortgage Firms Need a Chief Risk Officer? / Annaly Gets a New CEO

July 21, 2015
Paul Muolo and Thomas Ressler
Happy birthday to the CFPB? Well, it all depends on which side of the mortgage table you sit on...
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As Megabanks Retreat, Smaller Depositories Build Share in Mortgages

July 20, 2015
John Bancroft
The titans of the industry – the four banks with over $1 trillion in total assets – shrank their mortgage portfolios by a combined 0.5 percent over that period.
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United Wholesale Launches Interest-Only ARM, Allows for Non-Jumbo Borrowers

July 20, 2015
Brandon Ivey
Mat Ishbia, CEO of United Wholesale, stressed that interest-only mortgages are for “well informed” borrowers.
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Is the 25-Day Loan Closing a Myth?

July 20, 2015
Paul Muolo
One senior mortgage manager, who has been in the business for 25 years., said despite what lenders may say about closing times, actual experience is probably worse. “No one is closing under 30 days,” he said. “Most will be over 50 days.”
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Nonprime Lender Citadel on a Tear, Hires Correspondent Chief

July 20, 2015
Paul Muolo
To date, most of Citadel's mortgages have been sourced through loan brokers, but recently the company hired a correspondent manager, Alan Peviani...
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Ginnie Mae Securitization Volume Soars

July 20, 2015
George Brooks
Wells Fargo was the top issuer in 2Q with $16.0 billion, followed by PennyMac and Freedom Mortgage.
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Short Takes: More Wholesalers Entering the Market? / Expanding from VA to FL / Cerberus Unit Readies ‘Seasoned’ MBS / When on PHH? / W.J. Bradley Exec Jumps Ship for Home Point

July 20, 2015
Paul Muolo and Brandon Ivey
A unit of Cerberus Capital Management is preparing to issue a non-agency MBS backed by loans that have seasoned for an average of 8.9 years...
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What We’re Hearing: Is Non-QM Lending a Bust? / The Pathos of Ethos / TRID May Delay Loan Closings by How Many Days? / Telling the Truth on Loan Closings / A Record Year, So Far, for United Wholesale / Little League 1, the CFPB 0

July 17, 2015
Paul Muolo
During the first six months of 2015 UWM funded $6.78 billion. “It was our best six months ever,” CEO Mat Ishbia told IMFnews...
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First Republic, EverBank Lead Contributors to New Jumbo MBS from JPMorgan

July 17, 2015
Brandon Ivey
The dollar volume of the jumbo security differs significantly from a $189 million deal suggested by American Mortgage Consultants last week
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Non-Mortgage ABS Issuance Up Slightly in Second Quarter 2015

July 17, 2015
John Bancroft
ABS issuance has climbed steadily since bottoming out in 2010, and this year is on track to exceed $200 billion in annual issuance for the first time in eight years.
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Latest Imf News

  • Retail Surprises With Growth in Agency Securitizations

  • Fitch Downgrades Corporate Rating on UWM to B+

  • Use of VantageScore 4.0 Increasing

  • TPG, Cherry Hill Announce Merger

More Imf News

Featured Data

  • Mortgage Complaints to CFPB Hold Steady in Second Quarter

  • Largest Servicers Lose Ground in Second Quarter

  • MSR Transfers Increase in 2Q, UWM’s Sales Spike

  • Reset Activity Drives 2Q26 Boost in CLO/CDO Issuance

More Featured Data

Featured Reports

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Mortgage Servicing Rights Report: 1Q26 (PDF)

  • Lender Profiles 1Q26: Top 25 (PDF)

  • Mortgage Profitability 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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