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1Q18 Roundup: Megabanks Suffered Mega Declines in Lending

April 30, 2018
Paul Muolo
In an unusual development for a top mortgage lender, BofA announced that it would no longer report any information about its mortgage banking operations.
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Freddie Rolls Out New Low-Downpayment Mortgage

April 30, 2018
Carisa Chappell
HomeOne will be available beginning July 29…
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Short Takes: HUD Yanks Approvals on 23 Lenders, Most of Them Banks / Goldman Sachs, Warehouse Lender, but… / Rep. Waters None Too Happy with Mulvaney / A Document Dump is Requested / A Promotion at J.G. Wentworth

April 30, 2018
Paul Muolo
Rep. Waters wants CFPB acting director Mulvaney to turn over documents regarding meetings he's had with the industry...
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Commercial Mortgage Securitization Starts Strong in 2018 Despite Sharp Downturn from Torrid Pace Set in Late 2017

April 27, 2018
Securitization of commercial mortgages got off to a solid start in the first quarter of 2018, with the non-agency sector showing more strength than it did a year ago. [Includes one data chart.]
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Commercial Mortgage Securitization Starts Strong in 2018 – Compared to 1Q17

April 27, 2018
John Bancroft
The agency share of securitized multifamily mortgages has been high since 2008…
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MSR-Investing REIT New Residential Has a Blowout 1Q18: A Profit of $614.3 Million

April 27, 2018
Paul Muolo
New Residential said during and subsequent to the first quarter, it entered into agreements to buy $38.0 billion of mortgage servicing rights...
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Western Asset Goes Big with its First Non-QM MBS: A $1.25 Billion Deal

April 27, 2018
Brandon Ivey
Interesting fact: Most of these non-QM loans were originated by banks...
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In New Amendment, CFPB Addresses the TRID ‘Black Hole’ Issue

April 27, 2018
Yemeng Yang
In July 2017, the CFPB proposed an amendment to resolve the black hole issue and began taking comments.
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What We’re Hearing: GSE Reform? How About 2021? / The Return of Ed DeMarco? / No Political ‘Protection’ for Fannie and Freddie / RMS Scores a Repo Line from Barclays / Bucking the Production Trend: Home Point / New Hires for Plaza Home

April 27, 2018
Paul Muolo
Mel Watt has roughly eight more months in office, but already industry lobbyists and GSE watchers are playing “guess who the next FHFA director might be.”
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Mortgage Origination Volume Tanked in 1Q18, Hitting the Lowest Level Since 4Q14

April 26, 2018
John Bancroft
Production numbers were down sharply in nearly every category.
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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

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

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More Featured Data

Featured Reports

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  • Mortgage Servicing Rights Report: 3Q25 (PDF)

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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