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Short Takes: A New 52-Week Low for UWM / The Competition Picture? / The Ten-Year / Non-Agency Forbearance? / Embrace Gets a New President

May 10, 2021
Paul Muolo and Brandon Ivey

When it comes to mortgage profits, it's not always a case of where you've been, but what lies ahead...


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The Unthinkable: Some Originators Lost Money in March

May 10, 2021
Paul Muolo

Joe Garrett: “Companies that don’t seem to get too agitated about the occasional loss, and we’ve seen too many of them, seem to have more and larger losses than those companies that are obsessive about not losing money.”


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AmWest Top Contributor to Expanded-Credit MBS in First Quarter

May 10, 2021
Brandon Ivey

AmWest originates a variety of loans through all three lending channels, with an emphasis on TPO...


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Angel Oak Preps its Second MBS with Loans Originated After March 2020

May 10, 2021
Brandon Ivey

The new MBS is somewhat smaller and has longer average loan seasoning...


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Income and Originations Decline at PennyMac in First Quarter

May 7, 2021
Brandon Ivey

PennyMac's income fell by 17% on a sequential basis in the first quarter, originations declined by 3.5% while the nonbank's servicing portfolio grew by 5.2%.


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Another Loss for Impac, Firm ‘Reengages’ with Non-QM Market

May 7, 2021
Paul Muolo

Personnel expenses at Impac increased 12.8% to $14.9 million...


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The M&A Train Has Arrived. How Far Will It Go?

May 7, 2021
Paul Muolo

Among those looking to buy: private-equity firms...


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A Sharp (and Welcome) Decline in Ginnie Delinquencies

May 7, 2021
John Bancroft

Late payment rates peaked in June at 11.82% as borrowers struggled with the impact of the pandemic on economic activity.


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New Fannie/Freddie Purchase Limits a Mixed Bag for the Non-Agency Market

May 7, 2021
Brandon Ivey

The shift is tied to GSE PSPA amendments, which came in January...


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Blood Boils Regarding Fed Chair's Stance on NBs and CRA

May 6, 2021

Powell didn’t mince words: "You see activities that had once been principally the province of banks moving into the nonbank sector."


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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?

View Results
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