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Note to Lenders: The CFPB is Listening to Your ‘Scripts’

November 6, 2014
Thomas Ressler
The CFPB is listening to recordings of inbound telemarketing calls, the attorney said...
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PennyMac Posts Record Earnings in Third Quarter, Boosts Originations and MSRs

November 6, 2014
Brandon Ivey
PennyMac’s MSR portfolio is almost evenly divided between subservicing for others, the company’s own originations, and mortgage servicing rights acquired from others.
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Walter Posts Large Loss, Stock Gets Crushed; Nationstar Smacked Around Too

November 6, 2014
Paul Muolo
Walter was already under the investigative microscope of the Consumer Financial Protection Bureau and the Federal Trade Commission because of its servicing practices.
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Short Takes: Yet Another Mortgage M&A Deal / Classic Strategies Advisor to Freedom Mortgage / More NPL Sales From Freddie / Ocwen Shines, Well Sort of / Trouble at Genworth but Not the MI Business

November 6, 2014
Paul Muolo
The Bankers Bank is owned by 100 independent banks. Charbonneau & Associates represented TBB…
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PHH Loses Money on Mortgage Business in 3Q14, Lower Gain-on-Sale Blamed

November 5, 2014
Paul Muolo
PHH's servicing portfolio continues to shrink thanks to MSR sales and payoffs.
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Rural Housing Guarantee Volume Expected to End 2014 on a Low Note

November 5, 2014
George Brooks
Securitization of rural development home loans during the first nine months was $14.19 billion, with the top three issuers accounting for 58 percent.
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Two Harbors Launches Nonprime Product and High LTV Jumbo Loan

November 5, 2014
Brandon Ivey
Two Harbors has plenty of capacity to hold non-agency loans in portfolio without reliance on outside financing.
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GSE Reform in 2015? There May be No Warner of Corker-Warner; MI Outlook?

November 5, 2014
Paul Muolo and Charles Wisniowski
The mortgage insurance industry lost a key political ally with the reelection defeat of first-term Democratic incumbent Sen. Kay Hagan of North Carolina.
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JPM to Issue a Jumbo MBS Backed By 7-Year ARMs, Many with IO Features

November 5, 2014
Brandon Ivey
Some 60.7 percent of the mortgages in the deal have interest-only features.
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Short Takes: Hey Mel, Where’s the Formal Proposal on Looser GSE Credit? / Two Large MSR Auctions? / Warehouse Outlook Subdued / Risks and Rewards of Mortgage REITs / HUD’s Disparate Impact Rule Toast?

November 5, 2014
Paul Muolo
Whatever might be in the works at the FHFA regarding looser credit won’t be out until mid-December, we’re told…
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Latest Imf News

  • UWM Receives Equity Infusion From Oaktree, Suspends Dividend

  • Onity Swings to Loss in 2Q Amid Portfolio Restructuring

  • Zillow Aiming to Be One of the Largest Purchase-Mortgage Lenders

  • Pending Home Sales Decline in July With Rise in Interest Rates

More Imf News

Featured Data

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

  • Originations Increase in 2Q Amid Headwinds From Rates

  • Expanded-Credit MBS Issuance Declines in 2Q

  • Top Ginnie Servicers See Modest Growth in 2Q

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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