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Home » Topics » News » IMFnews

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More Ocwen Insiders Buy Shares in the Open Market

August 20, 2019
Paul Muolo

Generally, it’s a bullish sign when executives purchase shares of their companies in the open market, especially if they’re paying cash as opposed to buying on margin.


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The Stock Market is Gyrating but Mortgage REITs Keep Issuing Additional Shares

August 20, 2019
Paul Muolo

The issuer list encompasses an array of public “mREITs,” including two of the largest players in the MBS-investing market…


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The Secret Sauce of Non-QM Liquidity: Mortgage REITs

August 20, 2019
Brandon Ivey

CEO Craig Knutson: “MFA’s reputation as a reliable buyer of residential whole loans and dependable capital partner has enabled us to source significant volume of whole loans, including transactions with limited competition.”


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GSE Credit-Risk Transfers Down Significantly in 2Q19

August 20, 2019
John Bancroft

Fannie Mae and Freddie Mac acquired $2.83 billion of reinsurance coverage through the first six months of the year, down 29.9% from the same period in 2018.


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Short Takes: Waiting on Capital Rules for Fannie & Freddie / Re-proprose It? / Louisiana and Ohio Lenders Agree to Merge / Does PIMCO Have a Mortgage Problem? / New Rez Agrees to Buy Guardian

August 19, 2019
Paul Muolo

PIMCO owns at least one mortgage company, First Guaranty Mortgage Corp., in Tysons Corner, VA. Earlier this year, FGMC launched a non-QM brand called Maverick…


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Quicken Tops Among Contributors to Non-Agency MBS in 2Q19

August 19, 2019
Brandon Ivey

In the second quarter, loans produced by Quicken were included in MBS issued by Annaly Capital Management, JPMorgan Chase and Redwood Trust.


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Founder of Top-Ranked Warehouse Provider Texas Capital to Retire. However…

August 19, 2019
Paul Muolo

Ackerman is receiving a lucrative retirement package, including $20,000 to cover out-of-pocket expenses in connection with striking the deal…


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Loan Brokers Post Big Gains in FHA/VA Production

August 19, 2019
John Bancroft

The flow of broker-originated FHA and VA loans into Ginnie MBS increased by 63.1% during the second quarter, hitting $16.78 billion...


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Citi to Issue its First Non-QM MBS, Sourcing Loans from Impac

August 19, 2019
Brandon Ivey

Impac Mortgage Holdings, a publicly traded nonbank, is providing the underlying collateral for the deal...


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What We’re Hearing: Ocwen’s CEO Puts His Money Where His Mouth Is / $197,560 Spent / A Bullish Sign? / Ocwen Launches New Reverse Product / About Those Prices We Quoted You / DocMagic Update

August 16, 2019
Paul Muolo

Ocwen’s Liberty Home Equity Solutions recently launched a non-agency reverse mortgage product. The EquityIQ loan allows borrowers to access up to $4 million in up-front cash...


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Latest Imf News

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Featured Data

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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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