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The COVID-19 Forbearance Tally Keeps Falling

June 19, 2020
Paul Muolo

Forbearance tallies keep falling, which is good news for both servicers and consumers...


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Will a Quicken IPO be a Game Changer for Nonbanks?

June 19, 2020
Paul Muolo

After Quicken, who's next on the IPO dream list? Caliber? loanDepot?


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MBS Servicers Rush to Buy Delinquent Mortgages Out of Ginnie Pools

June 19, 2020
John Bancroft

Wells Fargo was the most active servicer in repurchasing delinquent loans in May, with $2.31 billion, 50.2% of the market total. A significant share of those loans were reportedly current, the MBS disclosures show, indicating that Wells repurchased loans in forbearance.


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New Rez Comes to Market with $266 Million MSR Securitization

June 18, 2020
Paul Muolo

KBRA: New Rez has been subject to substantial economic stress during the COVID-19 pandemic...


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Policymakers Demand DACA Mortgage Probe

June 18, 2020
Maria Volkova

Alterra Mortgage President Miguel Narvaez: “And what happens is that no one wants to take the risk of doing loans that FHA will not insure.”


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Home-Equity Debt Falls Below the $500 Billion Mark

June 18, 2020
Paul Muolo

Home-equity lending volume rose modestly in the first quarter to an estimated $49.0 billion...


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Caliber Affiliate Brings its Second Post-Volatility Non-QM MBS

June 18, 2020
Brandon Ivey

Lone Star Funds is the first non-QM MBS issuer to have a second deal in the market since activity resumed in May.


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What Pandemic? Purchase Applications Rise to Highest Level in 11-Plus Years

June 17, 2020
Paul Muolo

On an unadjusted basis, new business increased 7.0% from the week before…


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Deephaven Readies Non-QM MBS with Slightly Seasoned Loans

June 17, 2020
Brandon Ivey

Loans in the $351.5 million MBS have seasoned for an average of five months and 24% are in forbearance.


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Agency MBS Trends Suggest COVID-19 Damage Easing in May

June 17, 2020
John Bancroft

The three agencies reported a total of 1.2 million single-family loans one payment past due, or 3.03% of their combined portfolio. Ginnie’s 4.78% 30-day delinquency rate was the highest, including a 5.68% rate for FHA loans.


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Latest Imf News

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Featured Data

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More Featured Data

Featured Reports

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  • Guide to Mortgage Lending to First-Time Homebuyers

More Latest Reports

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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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