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Short Takes: One More Time… / Maybe the 12th Time Will be the Charm / MI Industry Looking Strong / Capital One’s Role in the Merger of Two Consulting Giants / A Promotion at Planet Home Lending

July 1, 2019
Paul Muolo

If you’re wondering why the deal is taking so long, it’s because COH is a foreign entity and there are certain regulatory hoops to jump through. When originally announced, the sale was valued at $2.7 billion – all cash…


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Another Rate Drop, and Presto: More Refi Candidates are Created

July 1, 2019
Paul Muolo

The data analytics firm estimates there are now 8.2 million existing mortgagors who are refi candidates, the largest such cohort since late 2016.


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Look Out Below: Depositories Report Big Decline in Mortgage Sales

July 1, 2019
John Bancroft

JPMorgan Chase was one of the few major banks that actually sold more loans in early 2019 than it did a year ago…


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Quicken Spreads Its Wings in Wholesale. Questions Abound…

July 1, 2019
Paul Muolo

Is the Detroit-based Quicken really much larger in the wholesale channel than it’s letting on?


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GSE Buybacks Fall to Second-Lowest Reading Ever

July 1, 2019
John Bancroft

Historically, Fannie sellers have repurchased far more loans ($49.64 billion) than have Freddie sellers ($29.94 billion). But most of that disparity occurred before 2014…


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What We’re Hearing: Sharpen Your Pencils: Here Come the Servicing ‘Marks’ / The Layton ‘Era’ Ends at Freddie / To Be Heard From Again (Bet on It) / Ben Carson’s New (Side) Job / Quicken’s ‘Pinnacle’ Club

June 28, 2019
Paul Muolo

As we’ve noted before, Calabria is building a dream team of industry vets and policy experts, whose chief task likely will entail working with the Treasury Department on administrative reform…


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FHA’s Achilles’ Heel: Technology and Risk Management

June 28, 2019
George Brooks

FHA's Keith Becker: “The industry and most of our lender partners are leveraging this technology now, and we have to find a way to do that as well so we can stay current with the industry’s direction..."


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Fitch Tops in Rating Non-Agency MBS. A Decline in Unrated Deals As Well…

June 28, 2019
John Bancroft

Meanwhile, DBRS boosted its share of the rated market to 62.6%, Inside MBS & ABS found…

 


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HUD Throws Down the Gauntlet on DACA Loans: Not Eligible for FHA Insurance

June 28, 2019
George Brooks

According to HUD’s policy handbook, a non-permanent resident alien is eligible for FHA financing if the property will be the borrower’s principal residence…


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Short Takes: Michael Lau, Trailblazer / 9% Isn’t Bad in Today’s Market / Interest Rates Falling Off a Cliff? / Hire an Attorney / Mr. Cooper’s Net Worth Ratio / If Democrats Win in 2020, Financial Services Firms May Suffer

June 27, 2019
Paul Muolo

In a new investor update filed with the Securities and Exchange Commission, megaservicer Mr. Cooper (Nationstar Mortgage) says it has a tangible net worth ratio of 13.2%, as measured in accordance with standards set by the Federal Housing Finance Agency...


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Latest Imf News

  • Fannie Net Income Hit $4 Billion in Second Quarter

  • Two Harbors Turns Profit in Final Quarter as a Public Company

  • Small GSE Servicers Increase Market Share

  • Bill Seeks to End CFPB's Budgetary Independence

More Imf News

Featured Data

  • LTV Ratios on GSE Deliveries Up in Second Quarter

  • Non-Agency MBS Issuance Declines Sharply in Second Quarter

  • Nonbanks Gain More Agency Servicing Share in Second Quarter

  • Ginnie Issuance Soars in 2Q; Purchase Mortgages Strong

More Featured Data

Featured Reports

  • Mortgage Profitability Report 1Q26 (PDF)

  • Top Mortgage Players: 1Q26 (PDF)

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

  • 2026 Mortgage Market Statistical Annual (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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