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Guild Boosts Originations and Earnings in First Quarter

May 10, 2024
Brandon Ivey
Guild generated a profit of $28.4 million in the first quarter of 2024.
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Short Takes: Ishbia Downplays Pricing Initiatives / Jumbo MBS From Goldman / Sachem's Revenue Up / Fannie Picks NPL Sale Winner

May 10, 2024
Shannon Clark and Brandon Ivey
Goldman markets a new jumbo loan, Fannie releases results of a non-performing loan sale, Sachem's revenue grows in the first quarter and UWM's CEO downplays pricing initiatives.
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Fannie, Freddie Earnings Impacted by Interest Rates

May 9, 2024
Dennis Hollier
Fannie and Freddie are facing portfolio losses due to the mortgage market.
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UWM Earnings Increase in First Quarter

May 9, 2024
Shannon Clark
UWM returned to a positive net income during the first quarter of 2024.
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SEC Evaluates FINRA Rule Shortening MBS, ABS Reporting Timeframe

May 9, 2024
Brandon Ivey
If the rule is adopted, ABS and MBS reporting timeframes will tighten.
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CFPB-Submitted Consumer Complaints Reach Historic High in Q1

May 9, 2024
Shannon Clark
Credit reporting issues took the top spot for consumer complaints submitted in the first quarter.
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Short Takes: Fannie Offers Direct Calculation for Self-Employment Income / New CES Issuer / Another Loss for Blend / Freddie Offers CRT

May 9, 2024
Brandon Ivey
To this point, access to Fannie's income-calculation tool was only available through third parties.
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Agency MBS Issuance Increases in April; Refis Down

May 8, 2024
John Bancroft
The increase was driven by purchase mortgages, with volume up 11.3% on a monthly basis to $67.87 billion.
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Loss Widens at loanDepot, GOS Improves

May 8, 2024
Paul Muolo
A cyber "incident" cost loanDepot at least $15 million in charges for the first quarter of 2024.
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Credit Score Costs Jump; Lenders Point to Lack of Competition

May 8, 2024
Dennis Hollier
FICO CEO Will Lansing addressed the criticism over the price increases, saying the firm was “catching up from 30 years of frozen pricing.”
Read More
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Latest Imf News

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Featured Data

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Featured Reports

  • IMF Mortgage Directory: Full interactive database

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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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