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Home » Topics » News » IMFnews

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Not a Pretty Picture for the Mortgage IPO Class of ’20-21

August 6, 2021
Paul Muolo
It's hard out there for a publicly traded mortgage company, especially for the recent IPO class...
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PennyMac is Not Immune. 2Q Results Affected by MSR Marks, Lower GOS

August 6, 2021
Brandon Ivey
In 2Q, margins compressed at PennyMac and the value of its MSRs fell sharply. Sound familiar?
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MSR Auctions Remain Muted, Activity From Prestwick, MorVest

August 6, 2021
Paul Muolo
MorVest Capital recently closed out its auction of $528 million of Fannie Mae MSRs. Without providing too much in the way of detail, MorVest CEO David Fleig told IMFnews the bids were “very strong.”
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In 2Q21, the MSR Gains Continue for Nonbanks

August 5, 2021
The appeal of owning MSRs seems to be lost on commercial banks. Will the trend line ever change?
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New York Emerges as a Battleground on Nonbank CRA

August 5, 2021
Lisa Burden
The proposed legislation has passed both chambers of the New York Assembly and awaits the governor’s consideration.
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Two Harbors Takes $132 Million Loss for 2Q, MSR Marks to Blame

August 5, 2021
Brandon Ivey
Two Harbors, of course, isn't the only REIT venturing out into MSR investing but it's certainly been one of the more aggressive...
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Time for FHA to Revise Its Loan-Modification Options?

August 5, 2021
Brandon Ivey
HFPC is urging FHA to offer a more flexible option whereby servicers can use a portion of the partial claim to reduce a borrower’s monthly payment, dollar for dollar...
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Flagstar Top Contributor to Expanded-Credit MBS in 2Q21

August 4, 2021
Brandon Ivey
Some $1.12 billion of ECMs originated by Flagstar were included in non-agency MBS during 2Q21. The lender is slated for sale to NYCB.
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NJ Nonbank Sets Merger With Fintech Shop Figure

August 4, 2021
Brandon Ivey
Homebridge ranks 35th among all home lenders, according to Inside Mortgage Finance...
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A Healthy Market for Ginnie EBOs? Looks That Way

August 4, 2021
Paul Muolo
Ginnie early buyout activity has been rising steadily since early 2020, right before the pandemic struck.
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Latest Imf News

  • Refis Drive Up Originations in Fourth Quarter

  • Pennymac’s Earnings Decline in 4Q With Competition for Refis

  • State Regulators Oppose OCC’s Proposal on Preemption

  • FHFA Adjusts Cap on GSEs’ Investment Portfolios

More Imf News

Featured Data

  • Ginnie Refi Issuance in 4Q Surges Closer to Pandemic Levels

  • Non-Agency MBS Issuance Jumps 61% in 2025

  • ABS Issuance Hits Record in 2025 Despite Late Decline

  • Private MI Business Stronger Than FHA in 4Q

More Featured Data

Featured Reports

  • IMF HMDA Dashboard: 2024

  • Top Mortgage Players: 3Q25 (PDF)

  • Lender Profiles 3Q25: Top 25 (PDF subscription)

  • Agency Channel Analysis: 3Q25 (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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