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Home » Topics » News » IMFnews

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Mortgage Brokers Stage Mini-Comeback in Market Share

February 26, 2015
John Bancroft
However, the broker channel generated $117 billion of new originations, the lowest reading since 1995.
Read More

FirstKey Set to Issue Jumbo MBS, Rating Services Cite Limited History of Issuer

February 26, 2015
Brandon Ivey
CMG Mortgage is the top contributor to the jumbo MBS with a 14.3 percent share, followed by EverBank Financial (8.3 percent) and Bridgeview Bancorp (5.7 percent).
Read More

Walter Reports a $44 Million Loss, Revenue Declines, and a Regulatory Settlement with the CFPB

February 26, 2015
Paul Muolo
Walter's cash-flow declined noticeably: For the full year, revenues came in at $1.5 billion, a decline of $315.3 million or 17 percent...
Read More

Appraisal and Property Issues Accounting for Larger Share of Closing Delays

February 26, 2015
Brandon Ivey
Closing delays related to appraisals, title search, insurance and property inspections have all increased in terms of market share in recent months, led by appraisal issues.
Read More

Short Takes: Gone But Not Forgotten: MetLife’s Mortgage Unit / BB&T Facing Heat from DOJ and HUD OIG / Walter Optimistic, but Investors Aren’t / The ‘Father’ of the CFPB: President Jimmy Carter

February 26, 2015
Paul Muolo, Thomas Ressler, and George Brooks
Although Walter Investment Management lost a ton of dough in 2014, it sees brighter days ahead...
Read More

Over Two Years, JPM Has Slashed Mortgage Staff by 41 Percent

February 25, 2015
Brandon Ivey
Kevin Watters said Chase has reduced its mortgage staffing levels due to declines in originations and improvements in mortgage performance.
Read More

HUD Pushing for Authority to Force Servicers to Use Subs for High-Touch Product

February 25, 2015
George Brooks
Last year, House appropriators turned down a request that would have allowed the FHA to charge a fee of 2 to 4 basis points to lenders prospectively...
Read More

Credit Reporting Complaints Rise; Experian the Complaint ‘King’

February 25, 2015
Thomas Ressler
Experian led the pack in terms of complaints with a cumulative total of 15,847.
Read More

Short Takes: $558 Billion in Delinquent Mortgages / Subprime Looking Up / How Much Will Ocwen Cut in India? / PHH’s Retail Perceptions / Dealing with the CFPB

February 25, 2015
Paul Muolo
One of the biggest knocks on PHH Mortgage is that it has little in the way of traditional retail, relying instead on private label partners like Merrill Lynch.
Read More

Ginnie Servicing Rights Top $1.5 Trillion but Growth Slows

February 25, 2015
George Brooks
PennyMac Loan Services, the only nonbank to rank among the top five, had one of the strongest growth rates with 56.7 percent.
Read More
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Latest Imf News

  • Servicing Share for Rocket, Chase Down in Second Quarter

  • Income Declines at Rocket After Slow Spring Homebuying Season

  • MBS Investors Call for Changes With GSEs’ Credit Score Framework

  • Weak Jobs Report Could Delay Rate Hike by Fed

More Imf News

Featured Data

  • 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

  • Originations Increase in 2Q Amid Headwinds From Rates

More Featured Data

Featured Reports

  • Guide to Mortgage Lending to First-Time Homebuyers

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  • Mortgage Profitability Report 1Q26 (PDF)

More Latest Reports

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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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