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California Nonbank Skyline May Double Originations This Year

May 2, 2013
Paul Muolo
Skyline Home Loans, a shop controlled by industry veteran Bill Dallas, could double loan originations this year. Roughly 35 percent of its fundings entail purchase money loans.
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Short Takes: PHH Sees Its Gain-on-Sale Drop / Flippers Say ‘Viva’ Las Vegas and Orlando Too / Auction.com Sells Apartment Buildings in Competitive Bid / Treasury Comes Clean on HAMP / Sen. Corker Uncorks

May 2, 2013
Paul Muolo and Brandon Ivey
PHH Mortgage saw its gain-on-sale margin decline but it marked up the value of its MSRs.
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Credit Suisse Issues $394 Million Non-Agency Jumbo MBS

May 1, 2013
Brandon Ivey
Redwood Trust isn't the only busy beaver in the jumbo MBS market. Credit Suisse is out with a new deal.
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Quicken Top Seller of Retail Originated Loans with PMI in 1Q13

May 1, 2013
John Bancroft
When it comes to sales of retail-originated loans with private mortgage insurance, Quicken Loans is the new king of the market, according to exclusive figures compiled by Inside Mortgage Finance.
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Genworth Reports First Profitable Quarter for Mortgage Insurance Unit in Five Years

May 1, 2013
George Brooks
Not only is Genworth's mortgage insurance division in the black again, but it expects to stay profitable.
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Denver Nonbank W.J. Bradley Does ‘Roll Up’ Deal with Washington Lender

May 1, 2013
Paul Muolo
W.J. Bradley isn't necessarily buying Legacy Group Lending, but the two firms are combining forces.
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Short Takes: FHFA Issues Progress Report on Securitization Platform / But Little Progress in Finding a Platform CEO / Union Bank Buys LPS Software / Ally Totally Out of MSRs / Shiller Not so Bullish on Housing

May 1, 2013
Paul Muolo and Charles Wisniowski
FHFA issues progress report on the "common securitization platform" but no CEO is in place yet. Meanwhile, Ally is out of MSRs totally.
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White House Pick of Rep. Watt for FHFA Job Won’t Affect GSE Net Worth Debate

May 1, 2013
Paul Muolo
If Rep. Mel Watt gets the FHFA job will he tinker with GSE net worth minimums?
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Short Takes: Will Mel Watt or Mel Martinez Head FHFA? / Freddie Mac Tries to Help Lenders Prevent Buybacks / CoreLogic: Completed Foreclosures Decline / First Guaranty Hires TPO Chief

April 30, 2013
Paul Muolo
The White House continues to search for someone to head the FHFA. But will it ever officially introduce a candidate? Mel Watt's name has come up again.
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PennyMac's Mortgage Banking Arm Files Updated IPO Documents

April 30, 2013
Paul Muolo
PennyMac Financial Services could raise just over $200 million through an initial public offering of stock.
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Latest Imf News

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Featured Data

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