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Flagstar Posts a Profit in 1Q Amid Lower Volumes, GOS and Layoffs

April 27, 2022
Paul Muolo
One notable: The firm assigned an asset value of 131 bps to its mortgage servicing portfolio for the first quarter compared to 112 bps in 4Q21.
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Second Liens from Spring EQ Back New Non-Agency MBS

April 27, 2022
Brandon Ivey
Saluda Grade has issued a handful of other non-agency MBS backed by second liens...
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And the Beat Goes On: Nonbanks Continue to Gain in GSE Servicing

April 26, 2022
Dennis Hollier
Federally insured depositories with assets north of $1 trillion saw their GSE servicing balances remain essentially unchanged in the first quarter...
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Surprise: loanDepot Chief Hsieh Steps Aside as CEO but Will Remain as Executive Chair

April 26, 2022
Paul Muolo
LoanDepot noted Martell “will drive daily operations and lead the company’s diversified multi-channel mortgage origination model"...
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Servicing Sales (Transfers) Slow in 1Q But Still at Heightened Levels

April 25, 2022
John Bancroft
The biggest decline in bulk transfers was in the Ginnie market, where volume plummeted 27.9%...
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Missing in Action: The Mortgage Industry’s Recommendations Regarding FHFA's Strategic Plan

April 25, 2022
Dennis Hollier
MBA expressed reservations about FHFA’s pursuit of examination authority over nonbank servicers, efforts to ensure a level playing field and more...
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Another Reduction-in-Force at Sprout Mortgage?

April 22, 2022
Paul Muolo
The brainchild of industry veteran Michael Strauss, Sprout is a top-10 ranked originator of non-QMs.
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Home Lenders Temporarily Drop Tax Transcript Requirement

April 22, 2022
Brandon Ivey
Among the lenders known to have suspended the underwriting requirement are PennyMac, AmeriHome and...
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A Nice Hike in MSR Values for 1Q22, JPM Especially...

April 22, 2022
Paul Muolo
JPM valued its $575.4 billion of TPO servicing at 127 bps at March 31, a mouth-watering increase of 19.8% from yearend...
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ABS Starts Strong in Early 2022, Driven by Key Sectors

April 22, 2022
John Bancroft
The two biggest asset classes in the ABS market – vehicles and business finance — accounted for most of the first-quarter surge.
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Latest Imf News

  • Nonbanks, Large Lenders Gain Share in Originations

  • Mortgage Locks Decline in September

  • Trigger Leads Rarely Led to Loans Prior to Restrictions

  • Better Focusing on HELOCs, AI and Hiring New CEO

More Imf News

Featured Data

  • GSE MBS Issuance Increases in August

  • Mortgage-Banking Profits on Production, Servicing Decline in 2Q

  • Banks Shed MBS/ABS From Trading Accounts in 2Q

  • Rocket, Cenlar Subservicing Portfolios Decline

More Featured Data

Featured Reports

  • Mortgage Profitability Report 2Q26 (PDF)

  • IMF Mortgage Directory: Full interactive database

  • Mortgage Servicing Rights Report: 2Q26 (PDF)

  • Agency Seller-Issuer Profile: 2Q26 (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?

View Results
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