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Ocwen Continues to Gobble Up MSRs with $85B Ally Deal

March 12, 2013
Paul Muolo
The fast growing Ocwen Financial won the bid for Ally Financial's residential servicing portfolio.
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Non-Agency Jumbo Originations Up Nicely in 2012, More Product Choices Help

March 11, 2013
Brandon Ivey
An estimated $203 billion in non-agency jumbo mortgages were originated in 2012, according to a new tally from Inside Mortgage Finance.
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Allonhill CEO Diana Mead Departs Due Diligence Vendor

March 11, 2013
Paul Muolo
Due diligence provider Allonhill LLC loses its CEO Diana Mead.
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CFPB Probing Ally’s Retail Financing Practices

March 11, 2013
Thomas Ressler
The SEC is investigating Ally Financial's retail lending practices but there are no additional details on the specifics.
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Senator Seeks DOJ Investigation of LPS, Alleges Double-Billing, More

March 11, 2013
Charles Wisniowski
Mortgage vendor Lender Processing Services continues to have robo-signing related headaches, thanks to a request from Sen. Ron Wyden of Oregon.
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Jumbo Issuer Redwood Sells $288 Million of Debt

March 11, 2013
Paul Muolo
Redwood Trust taps the debt market for cash to support its jumbo MBS business.
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Short Takes: More Layoffs in the Foreclosure Review Space / FHFA IG Says Higher Rates Could Hurt the GSEs / Genworth Shares Spike / Waiting for Godot and Fannie’s 4Q Earnings

March 11, 2013
Paul Muolo
More foreclosure review workers are set to lose their jobs. This time the layoffs are happening at Aurora Bank of Denver.
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HousingPulse: FHA Share of Purchase-Money Continues to Slide

March 8, 2013
Brandon Ivey
FHA funding accounted for 25 percent of home-purchase financing in January, based on the three-month moving average, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. February numbers will be released shortly.
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Investor Sues to Stop Nationstar Auctions of Nonperforming Mortgages

March 8, 2013
John Bancroft
If a plaintiff gets its way, Nationstar will be blocked from auctioning off delinquent loans from MBS pools.
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Nationstar Wins TBW Bid? / Agency MBS Takes a Breather in February / Mortgage Brokers Rock / Ed DeMarco, the Most Powerful Man in Mortgage Finance Today? / Broker Sheds Tears Over New Subprime Firm

March 8, 2013
Nationstar appears to be the winning bidder on the Taylor Bean & Whitaker MSR pacakge. Meanwhile: Ed DeMarco, the most powerful man in mortgage finance today?
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Latest Imf News

  • Non-Agency MBS Issuance Picks Up in 1Q

  • Unison Hit With Class Action for HEIs in Colorado

  • Loss-Mitigation Changes Blamed for Rise in FHA DQs

  • Parents Playing Growing Role in Helping Children Afford Homes

More Imf News

Featured Data

  • ARM Production Bounces Back in Fourth Quarter

  • Home Equity Loan Originations Decline in Fourth Quarter

  • GSE Seller Buybacks and Unresolved Claims Decline

  • Profits Sag at FHLBanks in Fourth Quarter

More Featured Data

Featured Reports

  • Mortgage Profitability Report 4Q25 (PDF)

  • Agency Channel Analysis: 4Q25 (PDF)

  • IMF Mortgage Directory: Full interactive database

  • 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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