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FHA Lending Up, VA Down in Second Quarter

August 17, 2021
John Bancroft
VA Interest Rate Reduction Refinance Loan volume declined by nearly 40% in the second quarter.
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United Wholesale Planning to Accept Cryptocurrency for Mortgage Payments

August 17, 2021
Brandon Ivey
Some lenders have allowed borrowers to use cryptocurrency to make downpayments or as part of the calculation of a borrower’s assets, but none appear to allow monthly mortgage payments with bitcoin yet.
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Bayview, Morgan Stanley Offer Separate Non-Agency MBS

August 17, 2021
Brandon Ivey
The top contributor to both MBS is CrossCountry Mortgage.
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CFPB Prevails in $51 Million Dispute with Payday Lender

August 17, 2021
Lisa Burden
Integrity Advance and its CEO James Carnes had argued that the CFPB’s order isn’t valid and enforceable.
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Short Takes: Abandonment Rate Up on Forbearance Calls / CFPB is Watching / NYCB Invests in Figure / Sachem’s Income Increases

August 17, 2021
Brandon Ivey
The abandonment rate on calls to servicers jumped to 5.0% from 3.6% the week prior...
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United Wholesale’s Income and Margins Drop Sharply in Second Quarter

August 16, 2021
Brandon Ivey
The wholesale lender's originations increased by 20% compared with the first quarter while income fell 84%.
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Industry Group Criticizes Low Executive Pay at GSEs

August 16, 2021
Dennis Hollier
RFI on pay at the enterprises gets scant attention.
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Short Takes: Moratorium Fights / UWM Stems GOS Tide

August 16, 2021
Dennis Hollier
The CDC's extended eviction moratorium survives another court ruling but trade groups vow to keep fighting.
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FCA FHA Battle Avoided in Fight Over Infrastructure Bill?

August 13, 2021
Dennis Hollier
In the mortgage industry, the FCA has been used by the Department of Justice and Department of Housing and Urban Development to punish FHA lenders for sloppy underwriting practices that led to defaults.
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Rocket Posts Lower 2Q Profits and Originations, but Forecasts Record Lending in ‘21

August 13, 2021
Paul Muolo
Overall, the Detroit-based company funded $83.8 billion in 2Q compared to $103.5 billion in 1Q...
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Latest Imf News

  • Largest Servicers See Declines in Market Share in 1Q

  • Income Spikes at Rocket in 1Q, Led by Origination Activity

  • Fitch Places ‘Deteriorating’ Outlook on HEL Securitization Sector

  • Carrington to Boost Subservicing Business With Valon Acquisition

More Imf News

Featured Data

  • Mixed Trends for Largest Ginnie Servicers in 1Q

  • Investment-Property Loans Drive Up ECM MBS Issuance

  • Mixed Trends for Mortgage Originations in 1Q

  • Mortgage Complaints Filed With the CFPB Surge in 1Q

More Featured Data

Featured Reports

  • IMF HMDA Dashboard: 2025

  • 2026 Mortgage Market Statistical Annual (PDF)

  • Mortgage Servicing Rights Report: 4Q25 (PDF)

  • Agency Seller-Issuer Profile: 4Q25 (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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