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PE Firm Ups Its Investment in SimpleNexus Mortgage Platform

January 5, 2021
Paul Muolo

The $108 million Series B capital raise follows a $20 million investment Insight had made earlier.


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AmeriHome Moving Forward with IPO...

January 5, 2021
Brandon Ivey

The nonbank lender/servicer filed its initial IPO documents in early October and was reportedly set to price the offering later that month.


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The Ginnie Early Buyout Game Leans Heavily Toward FHA

January 4, 2021
Paul Muolo

In general, most of the delinquent loan buying has been done by the megabanks and top-ranked direct-FHA funders like Quicken Loans and PennyMac...


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MBA Lobbies for Permanent Work-From-Home Flexibility

January 4, 2021
Yemeng Yang

During the COVID crisis, many states have temporarily allowed licensed MLOs to work from their (unlicensed) homes, rather than branches...


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Citadel Servicing Rebrands as Acra Lending

January 4, 2021
Brandon Ivey

Officials at Acra suggest it's largely business as usual for Citadel, beyond the name change.


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Genworth and China Oceanwide Don’t Renew Merger ‘End Date.’ A Partial IPO for MI Unit?

January 4, 2021

Genworth said the mortgage insurer is “designed to meet its near-term liabilities of approximately $1.0 billion of debt due in 2021. An IPO of U.S. MI will be subject to market conditions as well as the satisfaction of various conditions and approvals.”


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Nation’s Largest ‘mREIT’ Renews Stock Buyback Effort

January 3, 2021
Paul Muolo

Like many mortgage-related REITS, Annaly has returned to profitability and has experienced an improvement in its net interest margin.


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Reverse Lending Up Sharply in 3Q20

December 31, 2020
Namrata Bhatia

Reverse Mortgage Funding maintained its second-place position but trailed far behind with $743.5 million. Finance of America, which is controlled by the Blackstone Group, moved up a notch to third place with $577.0 million.


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DBRS, S&P Lead Ratings Market at Nine-Month Mark

December 31, 2020
John Bancroft

Kroll Bond Rating Service had a strong year over the first nine months of 2020, with a 12.4% increase in business from the same period in 2019...


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Feds Crack Down on Unlicensed Debt Collection

December 30, 2020
Yemeng Yang

RAB agreed to pay $204,000 in civil money penalty to settle the claims.


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Latest Imf News

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Featured Data

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