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Final GSE Multifamily Tally: $56.9 Billion

February 18, 2015
Thomas Ressler
Over the past few years there has been some debate about the role Fannie and Freddie play in the multifamily sector with GSE critics pushing for the two to scale back their involvement.
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Applications Drop by Double Digits; Suddenly, Some Nervousness on Rates

February 18, 2015
Paul Muolo
Warehouse lending executives interviewed by IMFnews the past week are reporting healthy usage rates from their nonbank clients...
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Ocwen Sees Favorable Movement in Battle with BlueMountain as HLSS Enters Agreement with Trustee

February 18, 2015
Brandon Ivey
Analysts believe BlueMountain’s play is to ultimately drive down Ocwen’s share price and clean up on its short positions.
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Short Takes: Would You Buy Ocwen Now? / MIAC Offering MSRs / Sindeo Secures Investment / Fannie Rolling Out New Version of DU / Clayton Hires Former Subprime Executive

February 18, 2015
Brandon Ivey and Paul Muolo
Ocwen’s massive servicing portfolio (roughly $377 billion in UPB) is worth more than the entire market capitalization rate of the company...
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Freedom Mortgage Close to Meeting Hiring Goal; May Hire Even More

February 17, 2015
Paul Muolo
Among originators, Freedom Mortgage ranks 10th. In 2014 it funded $23.63 billion, a 48 percent gain from the year prior.
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A $1.3 Trillion Year for Originations?

February 17, 2015
Paul Muolo
Compass Point hiked its purchase money estimate to $819 billion from $787 billion.
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Short Takes: Mortgage Lawyers Raking in the (Compliance) Dough / What’s With all the 13-Gs? / Ocwen’s Stock on a Tear. What? / Obama Gives a Shout-Out to Nationstar / A New Hire for Auction.com

February 17, 2015
Brandon Ivey and Paul Muolo
Ocwen’s share price has almost doubled! How’s that? Well...
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Correspondent Share of Agency MBS Reached 35 Percent in 2014

February 16, 2015
John Bancroft
Broker-originated purchase mortgages pushed the envelope a little further, with an average credit score of 719.1 and an average DTI of 37.7.
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Highest Cash-Out Refi Share Since ’09 but Dollar Volume Drops

February 16, 2015
John Bancroft
From 2005 to 2007 homeowners converted an estimated $823 billion of home equity into swimming pools, cars, hospital bills and other uses. Of course, those days are long gone.
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The MSR Quandary: Sell Now or Wait? Flow Bids Remain Strong

February 16, 2015
Paul Muolo
With rates low on current production, prices are strong for “flow” transactions.
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Latest Imf News

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Featured Data

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