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Home » Topics » News » IMFnews

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Finance of America Swings to a Profit in Third Quarter

November 9, 2021
Brandon Ivey
While FoA is originating many more traditional mortgages than reverse mortgages, much of the lender's profits are coming from reverses...
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Chopra Mum on Potential Changes to the QM Rule

November 9, 2021
Sam Manas
When asked if he supported the new qualified mortgage rule, Chopra said, “I don’t know"...
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AmWest Funding Tops Expanded-Credit MBS Contributors in 3Q21

November 8, 2021
Brandon Ivey
Among the major contributors to expanded-credit MBS, Sprout and HomeXpress Mortgage had the biggest jumps in securitized loans...
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Ocwen Turns a Profit in Third Quarter

November 8, 2021
Brandon Ivey
Ocwen's MSR investments are ahead of schedule...
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Mortgage Hiring Up Ever So Slightly This Fall. However…

November 8, 2021
Paul Muolo
Lenders and brokers continue to maintain their payrolls, but staff reductions could be on the horizon...
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Dems Extend G-Fee Surcharge to Pay for Infrastructure Bill

November 8, 2021
Dennis Hollier
The 10 bps g-fee strip inaugurated in 2011 to pay for a temporary tax cut is set to enter its second decade, despite expiring more than a month ago.
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Agency MBS Volume Ebbs in October Despite Refi Bump

November 5, 2021
John Bancroft
Fannie was the only agency to boost volume last month as new issuance rose 2.1%.
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PennyMac Increases Income in 3Q as Originations Decline Slightly

November 5, 2021
Brandon Ivey
Much of the income was tied to PennyMac's originations through the consumer direct and brokers channels.
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Mortgage Bankers Swimming in the Debt Pool Once Again

November 5, 2021
Paul Muolo
As servicing assets increase in value, the industry might see more nonbanks use MSRs as collateral for debt deals...
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A Strong Profit for Rocket, Originations Up 5%. MSR Sales Too

November 4, 2021
Paul Muolo

Rocket ended the July-September period with $521.0 billion of mortgage servicing rights on its books, up 2.8% sequentially...


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Latest Imf News

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Featured Data

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Featured Reports

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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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