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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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Mortgage M&A Mania has Finally Arrived. Who’s Next?

June 12, 2018
Paul Muolo
Mark Stafford, managing director of MS Capital Advisors: “Margin compression is real and many companies lost money in the first quarter.”
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Latest Imf News

  • Retail Gains Share of Conventional-Conforming Lending

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Featured Data

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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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