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A $31 Million Profit for Redwood in 4Q17, but Mortgage-Banking Income Sags. Better Days Ahead?

February 23, 2018
Brandon Ivey
At Dec. 31, Redwood held $5.1 billion of residential loans on its balance sheet, a 21.4 percent increase over 3Q17…
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Bank Interest in ABS Continues to Wane

February 23, 2018
John Bancroft
The bank share of ABS outstanding declined to 15.2 percent at Dec. 31…
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Court Ruling Restores Legal Status of Affiliated-Business Structures

February 23, 2018
Yemeng Yang
In direct rebuke to Richard Cordray’s interpretation, the court held that a reasonable payment is bona fide regardless of whether a referral was also involved in the transaction.
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Thanks to Janet Yellen, Wells Fargo May Finally Reenter the Non-Agency Market

February 23, 2018
Brandon Ivey
Wells Fargo is sitting on $287.5 billion of jumbo whole loans…
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What We’re Hearing: An ‘Administrative’ Solution for the GSEs More Likely? / Pac-Men? / Craig Phillips, a Candidate for the FHFA Job? / Nonbank for Sale? / And the Gold Medal for Financial Engineering Goes to Altisource Portfolio Solutions / What Just Hap

February 23, 2018
Paul Muolo
Others might contend that ASPS CEO William Shepro really earned his $2.5 million compensation package this time around…
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PIMCO Points to the Benefits of Having the GSEs in Conservatorship

February 22, 2018
Carisa Chappell
PIMCO also believes government MBS loan limits should be based on borrower income, not housing prices…
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Refi Bump Helped Boost Retail Share in Late 2017, Correspondent Suffered

February 22, 2018
John Bancroft
Wells Fargo was the top retail and correspondent lender in 2017 while United Wholesale Mortgage took home the gold in the wholesale/broker category…
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Citi Plans to Integrate its Mortgage Division into Retail Banking

February 22, 2018
Paul Muolo
Over the past year, Citi’s MSR portfolio has shrunk by a stunning 42.1 percent…
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FHFA Establishes ‘Minimum’ Return on Equity Goals for Fannie and Freddie, Sparking New Speculation

February 22, 2018
John Bancroft and Paul Muolo
According to their financial disclosures and company officials, both GSEs saw a sharp decline in the average guarantee fee they charged on new MBS issued during the fourth quarter…
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FTHB Market Strongest Since 2006, Supply Headwinds Remain

February 22, 2018
Carisa Chappell
A lack of affordable homes to buy could stifle the first-time home buyer market, Genworth believes…
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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%

  • Agency MBS Investors Await Details on GSE Purchases

  • Servicing Valuations Cut Into Banks’ Mortgage Earnings in 4Q

More Imf News

Featured Data

  • Correspondents Gain Market Share in Government Lending

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

  • Agency Refi Market Rises to Three-Year High in 2025

  • Largest Sellers See GSE Deliveries Wane in November

More Featured Data

Featured Reports

  • Agency Channel Analysis: 3Q25 (PDF)

  • Mortgage Profitability Report 3Q25 (PDF)

  • Top Mortgage Players: 3Q25 (PDF)

  • Mortgage Servicing Rights Report: 3Q25 (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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