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As Originations Slow, Warehouse Providers Face Tight Profit Margins at Some Borrowers and Riskier Credits

May 10, 2018
The nation’s warehouse providers ended the first quarter with $63.0 billion of commitments on their books, a slight decline from yearend and a gain compared to March 2017, but the numbers mask some of the pain being felt in the sector. [Includes one data chart.]
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Capital One Selling $17.0 Billion Loan Portfolio to Subsidiary of Credit Suisse, Which Will Sell to PIMCO

May 9, 2018
Brandon Ivey
As of the end of March, Capital One handled a $25.78 billion servicing portfolio, making the firm the 49th largest servicer, according to Inside Mortgage Finance.
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Retail, Mortgage Brokers Dominate in Expanded-Credit Lending

May 8, 2018
Brandon Ivey
MBS from Angel Oak Companies had the highest share of broker originations…
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Ginnie Mae Reinstates Nations Lending Following Talks on Loan Churning

May 8, 2018
George Brooks
Nations Lending was reinstated by Ginnie Mae after reaching a confidential agreement…
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Another Quarter and More Red Ink for PHH Corp.

May 8, 2018
Paul Muolo
PHH CEO Robert Crowl: "Our team is fully committed to executing our business plans and meeting the closing requirements for our merger with Ocwen."
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Short Takes: Caliber Brings Ginnie MSR Deal / The Nation’s Highest Paid Loan Broker: Doug Lebda ($59M) / Ex-Fannie Exec a Candidate for FHFA Job? / The PHH Head Count

May 8, 2018
Paul Muolo and Brandon Ivey
It was a nice pay check last year for LendingTree founder and CEO Douglas Lebda...
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New Residential Hires Fortress Executive David Schneider as New CAO

May 8, 2018
Paul Muolo
Fortress also controls roughly 500,000 shares of New Residential's common stock and holds options on 18.1 million shares.
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Redwood Posts a Handsome Profit for 1Q18, Reports Strong Demand for Jumbos

May 8, 2018
Brandon Ivey
Redwood is set to issue its largest expanded-credit MBS ever: A $520.48 million security backed by…
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MIAC Offers Up $2.2 Billion of Servicing Rights

May 8, 2018
Paul Muolo
The seller of the portfolio will provide full representations and warranties.
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Short Takes: Ditech Sets Comp Package for New CEO Marano / Share Price Struggles / Two Ditech Directors Take Home the Bacon / GE Sets Aside $1.5B for WMC Settlement / Better Hires CFO

May 8, 2018
Paul Muolo
Ditech directors – George Awad and Neal Goldman – had pay packages of $573,700 and $553,500, respectively.
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Latest Imf News

  • GSEs Increase Issuance of Specified Pools in Second Quarter

  • Garg Out as Better’s CEO; Another Loss for Nonbank in 2Q

  • FHFA Faces Some Pushback on Duty-to-Serve Proposal

  • Angel Oak REIT Returns to Profitability in Second Quarter

More Imf News

Featured Data

  • Expanded-Credit MBS Issuance Declines in 2Q

  • Top Ginnie Servicers See Modest Growth in 2Q

  • Consumer Debt Drives New ABS to Record High in 2Q

  • Primary MI Volume, Characteristics Stable in Second Quarter

More Featured Data

Featured Reports

  • Mortgage Servicing Rights Report: 1Q26 (PDF)

  • Lender Profiles 1Q26: Top 25 (PDF)

  • Mortgage Profitability Report 1Q26 (PDF)

  • Top Mortgage Players: 1Q26 (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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