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Complaints to CFPB Involving Mortgages Stand Out

November 5, 2024
Shannon Clark
Complaints about credit reporting dominated submissions to the CFPB and they more than doubled on an annual basis through the first three quarters of this year.
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Another Profit for Onity but Book Value Lags

November 5, 2024
Paul Muolo
Revenues increased 7.7% from 2Q24 but compensation to executives and employees rose 8.2%.
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GSE-Eligible Loans for Investment Properties Go Non-Agency

November 5, 2024
James Dohnert
Non-agency MBS is offering better execution, in some instances, than the GSEs for investment-property mortgages.
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FoA’s Debt Move Draws Mixed Reviews From Fitch

November 5, 2024
Brandon Ivey
Ultimately, Fitch's long-term issuer default rating on Finance of America went from C to CCC.
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Short Takes: Volatility Expected for Interest Rates / First-Time Homebuyers Get Older / Angelo Gordon REIT Buying Home Equity Loans / PIMCO, Chase Win Fannie RPL Auctions / Positive Outlook for New American Funding

November 5, 2024
Brandon Ivey
Uncertainty regarding election results could cause some interest rate volatility in the near term.
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Large Nonbanks Increase Their Servicing Share in Third Quarter

November 1, 2024
Brandon Ivey
Mr. Cooper and other nonbanks are growing through a mix of in-house originations and acquisitions, with an emphasis on the latter.
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Ginnie Issuers Ready to Meet Tougher Capital Requirements

November 1, 2024
Monica Hogan
Ginnie initially planned on implementing the capital requirements at the end of 2023, along with other reforms.
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Chase Program Offers Interest Rate Incentive for Jumbo Borrowers

November 1, 2024
James Dohnert
Rate discounts through the program range from 0.125% to 1.0%.
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Figure to Issue Securitization With Seasoned HELOCs

November 1, 2024
Brandon Ivey
The issuance is linked to HELOCs that have seasoned for an average of 28 months.
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Short Takes: Interest Rates Cresting? / PennyMac Stocks Non-Agency MBS With Agency-Eligible Loans / Variety of Lenders With Loans in Angel Oak MBS / Steady Mortgage Profits at LendingTree

November 1, 2024
Brandon Ivey
Sam Khater, chief economist at Freddie Mac, suggested that interest rates on mortgages could level off soon.
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Latest Imf News

  • Correspondent Channel Loses Share in Agency Market

  • Leading Republican in House Takes Dim View of GSE IPO

  • Freddie Profits Steady in Fourth Quarter, Down for the Year

  • Pennymac to Acquire Cenlar, Sale Price Could Top $200 Million

More Imf News

Featured Data

  • New Nonbank Servicing Giant Emerges in Fourth Quarter

  • January Ushers In New Year With Modest Gain in MBS

  • Mortgage Complaints to CFPB Tick Up in Fourth Quarter

  • Agency MSR Transfers Pick Up in Fourth Quarter of 2025

More Featured Data

Featured Reports

  • Mortgage Servicing Rights Report: 3Q25 (PDF)

  • IMF Mortgage Directory: Full interactive database

  • Agency Seller-Issuer Profile: 3Q25 (PDF)

  • IMF HMDA Dashboard: 2024

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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