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Surprise: FHA Chief Carol Galante Resigns, Effective This Fall

August 11, 2014
George Brooks
In late July Galante met with the press to discuss working with FHA lenders. But now she's handed in her resignation. Why?
Read More

Walter Posts $12.9 Million Loss for 2Q, Servicing Growth Anemic

August 11, 2014
Paul Muolo
At June 30, Walter/Green Tree serviced $235.2 billion in mortgages, almost flat compared to March 31.
Read More

SIFMA: The Playing Field is Slanted Against Non-Agency MBS

August 11, 2014
Brandon Ivey
SIFMA noted that in recent years both the FHFA and Congress have increased the GSEs’ guarantee fees in an effort to reduce their market share and make non-agency MBS issuance more competitive.
Read More

Massachusetts Bank Selling Bulk Fannie Mae MSR Package

August 11, 2014
Paul Muolo
One of the largest packages currently out for bid is a $1.2 billion Fannie Mae/Ginnie Mae portfolio from Interactive Mortgage Advisors.
Read More

Short Takes: Why is Galante Leaving FHA? / Not All Lenders are Suffering (Compared to Last Year) / Stonegate Has to Spend Money to Make Money / Caliber Hires Builder Chief

August 11, 2014
Paul Muolo
Stonegate Mortgage last week posted a meager second quarter profit of $300,000.
Read More

Originations Increase Across Production Channels in Second Quarter

August 8, 2014
John Bancroft
Mortgage origination volume was up in all three major production channels during the second quarter of 2014, with a slight shift in market share toward the retail channel as well as to brokers, according to a new Inside Mortgage Finance analysis and ranking.
Read More

Redwood Ramps Up Its Non-QM Efforts After Strong Execution on Jumbo MBS

August 8, 2014
Brandon Ivey
Redwood looks to build on the success it had including non-QMs in a jumbo MBS.
Read More

Smaller Private Mortgage Insurers Report Mixed Results for Second Quarter

August 8, 2014
Brandon Ivey
Essent has another quarterly profit while National MI took a loss.
Read More

Fifth Third Settles with DOJ on Alleged Discrimination Against Consumers with Disability Income

August 8, 2014
Brandon Ivey
The DOJ took issue with Fifth Third for asking potential borrowers with disability income to obtain a letter from their doctor to document the income.
Read More

Short Takes: Ellie Mae to Buy AllRegs / Hope for the Non-Agency Market / Defense of Nonbank Servicers / Combining Ginnie Mae MBS

August 8, 2014
Brandon Ivey
Ellie Mae will pay $30.0 million for AllRegs.
Read More
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Latest Imf News

  • Refi Lending Spikes in 4Q, Purchase Mortgages Slow

  • Delinquencies Climb During Fourth Quarter, Led by FHA

  • GSEs Getting Aggressive With Cash Window Pricing

  • Onity’s Earnings Helped by Release of Tax Valuation Allowance

More Imf News

Featured Data

  • FHA Delinquencies Rise to Pandemic Levels

  • Expanded-Credit MBS Issuance Slows in 4Q

  • New Nonbank Servicing Giant Emerges in Fourth Quarter

  • January Ushers In New Year With Modest Gain in MBS

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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