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NRL Mortgage Increasing Staff, Will Expand Into New Markets

July 12, 2018
Brandon Ivey
A retail lender, the Houston-based NRL has increased staff at a branch in Cincinnati by 25 percent this year…
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PiperJaffray: Lenders are Cutting Costs but It’s Not Enough. LO Pay Must Come Down

July 12, 2018
Paul Muolo
Consultant David Lykken said some mortgage bankers believe LO comp is “untouchable,” but he strongly disagrees…
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Financial Services Industry Wants ‘Binding’ Guidance from the CFPB

July 12, 2018
Yemeng Yang
The American Bankers Association argues the CFPB should acknowledge the bureau is bound by the guidance it issues…
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Short Takes: FHA in a Hiring Mode / CAIVRS, Old as Dirt? / Likening the GSEs to ‘The Blob’ And His Son / Level One Ponies up to the Mortgage Bar / MSR Auction from The Prestwick Group

July 12, 2018
Paul Muolo
One slide in the GSE presentation is entitled, “The Blob and the Return of the Blob,” a reference to the horror movie classics of the late 1950s…
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Officials at Online Mortgage Brokerage Top Survey of Nonbank Executives Last Year

July 12, 2018
The table-funding sector may be a shadow of its former self, but the man who founded and heads the nation’s only publicly traded mortgage brokerage firm took home $59.6 million in total compensation last year, according to a new tally from Inside Mortgage Finance. [Includes one data chart.]
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The Fed of New York Likes What it Sees on ‘Fintech’

July 11, 2018
Brandon Ivey
The Fed report focused on the origination of FHA mortgages, which are generally more risky than loans eligible for sale to GSEs…
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Moody’s Warns that Non-Agency Underwriting Standards Could Deteriorate

July 11, 2018
Brandon Ivey
Under the Economic Growth, Regulatory Relief and Consumer Protection Act, banks with less than $10 billion in assets can receive QM treatment for certain loans...
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New FHA Commissioner Montgomery: Risk-Sharing with PMIs not a Priority

July 11, 2018
Paul Muolo
FHA Commissioner Brian Montgomery on risk-sharing with private MI firms: Not an immediate concern…
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Verus Affiliate Set to Issue Largest Post-Crisis Nonprime MBS to Date

July 11, 2018
Brandon Ivey
Roughly 44.6 percent of the loans were underwritten with alternative documentation or bank statements…
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PMI Analysts Look at Fannie’s New MI Pilot, Wondering If It Poses a Threat

July 11, 2018
Paul Muolo
But there’s a catch for lenders: Originators will have to pay an additional loan-level price adjustment…
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Latest Imf News

  • Rocket Tops Agency Servicers With Mr. Cooper Acquisition

  • MBA Economist Still Sees Interest Rates Staying Above 6.0%

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More Imf News

Featured Data

  • Correspondents Gain Market Share in Government Lending

  • Solid 4Q Carries 2025 MBS/ABS to $2 Trillion

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More Featured Data

Featured Reports

  • Agency Channel Analysis: 3Q25 (PDF)

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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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