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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.
Read More

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.
Read More

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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Angel Oak’s REIT Posts Lower Income in Second Quarter

August 13, 2021
Brandon Ivey
While Angel Oak issued a non-QM MBS during the second quarter, the REIT didn't participate in the securitization.
Read More
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Latest Imf News

  • Purchase-Mortgage and Refi Volume Diverge in Second Quarter

  • Losses Increase at Homebuilder Hovnanian Enterprises

  • Insurance Companies Add to Whole-Loan Mortgage Holdings

  • New Listings for Homes Up, Asking Price Slips

More Imf News

Featured Data

  • GSEs Deliver Consistent Profits; No Closer to Solvency

  • Bank Mortgage Earnings Tick Up in Second Quarter

  • Non-Agency Pushes CMBS Issuance Up Slightly in 2Q

  • PMIs Gain Purchase Share, Refinance Share Slips

More Featured Data

Featured Reports

  • Agency Seller-Issuer Profile: 1Q26 (PDF)

  • 2026 Mortgage Market Statistical Annual (PDF)

  • IMF HMDA Dashboard: 2025

  • Guide to Mortgage Lending to First-Time Homebuyers

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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