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The Mortgage Grapevine: More Credit for loanDepot / Signature’s First Warehouse Line? / Little Evidence of Layoffs? / Reductions by Wells / The Biggest Mortgage Stories of 2021

December 30, 2021
Paul Muolo and Brandon Ivey
In mortgage banking, it's not necessarily where you've been, but where you're headed...
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GAO Finds Alternative Data Rarely Used in Mortgage Underwriting

December 30, 2021
Sam Manas
GAO found that between fiscal years 2016 and 2020, a mere 0.07% of mortgages purchased by Fannie Mae and Freddie Mac were made to borrowers without credit scores.
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Fix-and-Flip Lender Buys Ginnie MF Issuer

December 30, 2021
Paul Muolo
Another deal involving a fix-and-flip specialist, but this time the F&F firm is on the buy side...
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A Gain for Wholesale Lending as Retail Suffers

December 30, 2021
John Bancroft
Meanwhile, wholesale lending posted a hefty 46.4% increase in the jumbo market, though it still accounted for just 9.2% of that segment...
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New Hampshire Man Found Guilty of VA Loan Fraud

December 29, 2021
Monica Hogan
Evidence at trial showed the defendant used fraudulent means to apply for roughly $8 million in loans...
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In Counterclaim, Equity Prime Levies Allegations Against Carrington

December 29, 2021
Paul Muolo
Equity Prime's lawyers are going to be busy in the new year...
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The Debt Wheel Keeps Spinning for Mortgage Firms

December 29, 2021
Paul Muolo
The cost of money, however, for these lenders is starting to inch up. Then again, not everyone can borrow as cheaply as Rocket Companies...
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FHFA Continues to Focus on Appraisal Bias

December 29, 2021
Dennis Hollier
The centerpiece of a new report is a list of 18 specific examples, some of which are outright illegal.
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Aurora Remains Confident in Better.com. However…

December 28, 2021
Paul Muolo
In the first paragraph of the new 8-K, AAC told its shareholders Better founder and CEO Vishal Garg is presently taking a “break to reflect and refocus”...
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The Fed: Borrowers Benefit From An Increase in Nonbank Share

December 28, 2021
Dennis Hollier
Fed researchers found that a one-standard-deviation increase in market share led to an 18% reduction in mortgage complaints against nonbanks...
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Latest Imf News

  • SPS Top Non-Agency MBS Servicer in 2Q

  • reAlpha Narrows Losses After Staff Cuts

  • Pennymac Offers New Loss-Mit Option Ahead of Deadline

  • Beeline Losses Narrow as Company Repositions Product Mix

More Imf News

Featured Data

  • FHA Loss-Mitigation Removals Spike in 2Q

  • Prime Non-Agency MBS Issuance Drops in 2Q

  • Agency MBS Issuance Sags in July as Refi Market Fades

  • Rocket, Chase Give Up Some Servicing Share in 2Q

More Featured Data

Featured Reports

  • 2026 Mortgage Market Statistical Annual (PDF)

  • IMF HMDA Dashboard: 2025

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Mortgage Servicing Rights Report: 1Q26 (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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