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Tepid Increase in Subservicing Contracts During 1Q18

June 5, 2018
Paul Muolo
“There could be some sector consolidation down the road,” noted Allen Price, senior vice president in charge of business development for RoundPoint Mortgage…
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Flagstar Agrees to Buy 52 Branches and Loans from Nation’s Largest Home Lender, Wells Fargo

June 5, 2018
Paul Muolo
A Wells Fargo spokesman: "We currently have 33 home lending locations in those states and no home lending team members will be moving to Flagstar as part of this divestiture."
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Guaranteed Rate Plots Growth with ‘Aggressive’ Recruiting of Underwriters, Processors

June 5, 2018
Brandon Ivey
GR is aggressively recruiting mortgage processors, underwriters and secondary analysts...
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Incenter Auctioning Off Corporate Mortgage Shell of SoCal Lender

June 4, 2018
Paul Muolo
The corporate shell includes 27 state licenses…
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Prestwick Selling MSR Portfolio Backed by Healthcare Facilities

June 4, 2018
Paul Muolo
The average loan amount is $10.9 million.
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Short Takes: Will the GSEs and MIs Gain? / A New Call to Cut FHA Premiums / Reverse Market Turns Rosy? / Ellie Mae’s CFO Departs / Where Were You When the Secondary Market Shivered? / A New Hire for MGIC

June 4, 2018
Paul Muolo and Brandon Ivey
Will the new FHA chief cut premiums and end the “life of the loan” premium policy?
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Ginnie Issues VA Restrictions on Freedom, NewDay and SunWest

June 4, 2018
Paul Muolo
Ginnie said it is issuing these time-sensitive restrictions “in the interest of providing additional clarity and transparency to Ginnie MBS investors…”
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Mortgage Brokers Gain Ground in Government-Insured Market

June 4, 2018
John Bancroft
Correspondent production remained the biggest source of FHA/VA loans, accounting for 53.5 percent of the survey sample…
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HMDA: Purchase Share of Jumbos Increased in 2017

June 4, 2018
Brandon Ivey
Meanwhile, Guaranteed Rate, Flagstar and HomeBridge Financial more than doubled their jumbo lending in 2017...
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The GSEs in Conservatorship: Sure Doesn’t Seem Like It

June 1, 2018
John Bancroft
“We’re partnering with external firms to understand and anticipate their needs,” said Freddie Mac official Kevin Palmer…
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Latest Imf News

  • Residential MBS Outstanding Tops $10 Trillion

  • Fannie Picks Up Pace of CRT Issuance

  • MISMO’s AI Framework Aims to Shield Mortgage Companies

  • Valon’s Valuation Spikes With Latest Funding Round

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

  • Mortgage Profitability Report 2Q26 (PDF)

  • IMF Mortgage Directory: Full interactive database

  • Mortgage Servicing Rights Report: 2Q26 (PDF)

  • Agency Seller-Issuer Profile: 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?

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