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Home » Topics » News » IMFnews

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Banks’ Mortgage-Banking Income Increases

June 15, 2023
Brandon Ivey
Mortgage-banking income at banks and thrifts increased by 35.7% in the first quarter of 2023 compared with the previous quarter.
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UnidosUS Launches Latino Homeownership Campaign

June 15, 2023
Sam Manas
The Hispanic advocacy nonprofit has a goal to create four million new Latino homeowners by 2030.
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Rocket, FirstKey Team on Closed-End Second Securitization

June 15, 2023
Brandon Ivey
It's the first securitization from Rocket of closed-end second liens.
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Supreme Court Ruling Will Change Practices on Tax Foreclosures

June 15, 2023
Sam Manas
Prior to the ruling, lenders and mortgage servicers would often advance the amounts homeowners owed to the government in order to prevent the foreclosure sale and resulting release of their lien.
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Short Takes: Fed’s Impact on Mortgage Rates / FHA Servicers Struggled Amid COVID / Ginnie Extends RON / Unknown Lenders in Annaly’s MBS

June 15, 2023
Brandon Ivey
Just because the Fed paused its interest rate increases doesn't mean rates on mortgages will stop going up.
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GSE MBS Issuance Increases in May

June 14, 2023
Dennis Hollier
Among the top 100 GSE lenders in May, most saw a significant sequential increase in production.
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Chopra: Finding CFPB Unconstitutional Would Destabilize Mortgage Market

June 14, 2023
Sam Manas
The Consumer Financial Protection Bureau director said a Supreme Court ruling against his agency would "create major uncertainty in our mortgage markets."
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Originations Improving at Some Lenders in Second Quarter

June 14, 2023
Paul Muolo
Some lenders are seeing origination gains of 30% to 60% in the second quarter.
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Majority of Mortgage Professionals Living Paycheck to Paycheck

June 14, 2023
Brandon Ivey
High inflation and a slowdown in originations have cut into pay.
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Short Takes: FHA Offers Translated Docs / Redwood Cuts Dividend / Strong Demand for Change’s MBS / New Hire at Cenlar

June 14, 2023
Brandon Ivey and Paul Muolo
The translated documents include loan application materials, model documents and various disclosures...
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Latest Imf News

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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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