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Warehouse Lender Sees Tough Times Ahead

January 19, 2024
Brandon Ivey
"Our expectation remains that the next quarter will be amongst the toughest the industry has seen in the last 15 years," said Matt Scurlock, a managing director and chief financial officer at Texas Capital Bank.
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Short Takes: loanDepot Brings Systems Online / New Downpayment Assistance Programs / Flurry of Non-Agency MBS

January 19, 2024
Brandon Ivey
Many of loanDepot's consumer-facing websites went back online Thursday.
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Agency MSR Transfers Slow in Fourth Quarter

January 18, 2024
John Bancroft
Agency MSR transfers declined by 27.5% in the fourth quarter, to $219.05 billion
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FHA/VA Lenders Prep for More Volume

January 18, 2024
Monica Hogan
Home sellers are now more willing to consider bids tied to FHA and VA mortgages.
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ICA Hits the MSR Auction Circuit With a $9.4B Deal

January 18, 2024
Paul Muolo
ICA is working on roughly $50 billion of MSR deals...
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Morgan Stanley Readies Jumbo MBS

January 18, 2024
Brandon Ivey
It's only the second jumbo MBS in the market thus far in January.
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Short Takes: Rate Locks Decline / List of Assumable Mortgages / Mortgage Matchup / Few Home Sales in CA

January 18, 2024
Brandon Ivey
Rate locks declined by 14% on a monthly basis in December, driven by fewer locks for purchase mortgages.
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Sales to GSEs Fall Off in 2023, UWM Remains Leader

January 17, 2024
Dennis Hollier
The dollar volume of mortgages going to Fannie Mae and Freddie Mac declined by 47.3% compared with 2022.
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Former MBA Chief, FHA Commissioner Dave Stevens Dead at 66

January 17, 2024
Paul Muolo
During the COVID crisis Stevens served as an unofficial policy advisor to elected officials and regulators, making the case for interest rate cuts and liquidity measures.
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Slight Decline in Mortgage Earnings at U.S. Bank

January 17, 2024
Brandon Ivey
U.S. Bank generated $137 million in mortgage-banking revenue in the fourth quarter, down 4.9% from the third quarter.
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Latest Imf News

  • Agency MBS Issuance Soars in April, Prior to Lending Disruption

  • Refi Retention Rate Declines in First Quarter

  • Rate Locks Decline in April, Even for Purchase Mortgages

  • Income Up Sharply at Figure in First Quarter

More Imf News

Featured Data

  • Mixed Trends for Largest Ginnie Servicers in 1Q

  • Investment-Property Loans Drive Up ECM MBS Issuance

  • Mixed Trends for Mortgage Originations in 1Q

  • Mortgage Complaints Filed With the CFPB Surge in 1Q

More Featured Data

Featured Reports

  • Top Mortgage Players: 4Q25 (PDF)

  • IMF HMDA Dashboard: 2025

  • 2026 Mortgage Market Statistical Annual (PDF)

  • Mortgage Servicing Rights Report: 4Q25 (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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