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Merrill Lynch Faulted by SEC for Non-Agency MBS Trading Practices from 2009 through 2012

June 13, 2018
Brandon Ivey
In settling with the SEC, Merrill Lynch did not admit or deny the findings…
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THL Closes on Investment in Guaranteed Rate. Nonbank Anticipates Record Production This Year

June 13, 2018
Paul Muolo
Despite heralding the investment made by Thomas H. Lee Partners, Guaranteed Rate will not say how much the PE firm invested or how large of a stake it acquired…
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When the Going Gets Tough, the Tough Cut LO Pay

June 13, 2018
Paul Muolo
Aggressive nonbank lenders are willing to offer 100 to 200 basis points per loan…
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CFPB to Tailor Enforcement Based on Scale and Intent of Violations

June 13, 2018
Yemeng Yang
Mick Mulvaney: “If you are doing something less than one-tenth of 1 percent of the time, maybe it’s evidence of a lack of criminal intent…”
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MBS Business Up Modestly, but GSE Credit Box Unchanged

June 13, 2018
John Bancroft
In the first quarter, average credit scores on purchase mortgages were virtually unchanged…
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Sierra Pacific Hires Ex-Stearns, Ex-Wells Executive Goulding

June 12, 2018
Paul Muolo
A 34-year veteran of the home lending industry, Goulding also worked for Wells Fargo Home Mortgage…
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Short Takes: No Relief in Sight for GSE Common / Pershing Square in a World of (GSE) Hurt? / JMP Likes Impac / Consumer Data Collection Returns to the CFPB / Plaza Home Promotes Fontaine

June 12, 2018
Paul Muolo and Yemeng Yang
JMP likes the higher profit margins that accompany non-QM lending…
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Lenders Pessimistic About Profit Margins for 3Q18, Cuts to Staff Expected

June 12, 2018
Brandon Ivey
Fannie Mae: “We expect this will prompt businesses to turn to cost-cutting..."
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FHFA Proposes Minimum Capital Requirements for Fannie and Freddie. An RBC ‘Bill’ of $181 Billion

June 12, 2018
Paul Muolo
By comparison, commercial banks must have tier 1 capital of 8.0 percent of risk-weighted assets.
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Retail Channel Gained Share in Some Markets

June 12, 2018
John Bancroft
Mortgage brokers actually gained some share in the government market…
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Latest Imf News

  • Home Equity Loan Originations Increase by 20% in Second Quarter

  • FHFA IG Blasts Budget Cut, Massive Layoffs Likely

  • GSE MBS Investors Could Penalize Loans With VS4 Scores

  • Fitch Downgrades Wells Fargo’s Servicer Ratings

More Imf News

Featured Data

  • GSE MBS Issuance Increases in August

  • Mortgage-Banking Profits on Production, Servicing Decline in 2Q

  • Banks Shed MBS/ABS From Trading Accounts in 2Q

  • Rocket, Cenlar Subservicing Portfolios Decline

More Featured Data

Featured Reports

  • IMF Mortgage Directory: Full interactive database

  • Mortgage Servicing Rights Report: 2Q26 (PDF)

  • Agency Seller-Issuer Profile: 2Q26 (PDF)

  • Mortgage Profitability Report 2Q26 (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?

View Results
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