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Short Takes: Large Nonbank Ready to Enter Second-Lien Market / Mortgage Layoffs in California? / The 30th Anniversary of ‘Black Monday.’ Beware? / UWM Rolls out ‘Client Loyalty’ Tool for Brokers / Annaly CEO will Become Chairman, Eventually

October 16, 2017
Paul Muolo
A large nonbank is about to enter the second-lien market...
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Non-Agency MBS Issuance Weakened in 3Q17 Despite Upswing in Prime Jumbo Deals

October 13, 2017
John Bancroft
The bright spot was the prime jumbo MBS market where some $2.97 billion of new bonds were issued during the third quarter…
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A (Slight) Drop in Originations at BofA for 3Q17

October 13, 2017
Paul Muolo
Home equity lending fell even more at BofA: down 12.7 percent from the prior period...
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A Modest Uptick in Home Lending for Wells Fargo in 3Q17; Meanwhile, a $1 Billion Legal Charge for Mortgage Investigations

October 13, 2017
Paul Muolo
Gain-on-sale profits came to 124 basis points, flat from the prior period, and the weakest reading of the past five quarters...
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HUD Secretary Ben Carson Open to Excising HECMs from the MMIF

October 13, 2017
George Brooks
Rep. Heck said he will ask the GAO to study and recommend options for improving the reverse-mortgage program, including shifting HECMs out of the MMIF...
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What We’re Hearing: FHFA Chief Has a ‘Number of Options’ on Zero Capital / Is That a ‘Hard’ Deadline? / Once Tax Reform is Done, Next Up: the GSEs / Can HUD Secretary Carson Get the IG to Back Off on the FCA? / Ocwen Kills Wholesale. Meaning?

October 13, 2017
Paul Muolo
Meanwhile, one detail about the capital buffer falling to zero remains unclear: On Jan. 1 will every single penny of the $600 million (at each) be carted away?
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Private MI Business Kept Growing in 3Q17, FHA Activity Lagged

October 12, 2017
John Bancroft
Fannie and Freddie saw a 26.7 percent jump in insured first-timer loans…
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JPM Grows Residential Lending by Almost 13 Percent in 3Q17, Keeps Adding to Whole-Loan Portfolio

October 12, 2017
Paul Muolo
Total mortgage banking revenue for the period came in at $1.56 billion compared to $1.43 billion in 2Q17...
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GSEs Continue Adapting Seller Requirements to Conform with HMDA Changes

October 12, 2017
Thomas Ressler
Fannie and Freddie continue to tweak their systems and processes to accommodate the new mandates, which kick in January 1…
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Ocwen Settles Servicing Disputes with Two More States

October 12, 2017
Thomas Ressler
In all of these agreements, Ocwen neither admitted nor denied liability…
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Latest Imf News

  • Residential MBS Issuance Up Nearly 15% in 2025

  • BofA, Wells Boost Originations in Fourth Quarter

  • Some Concerns About Lending Practices Amid Deregulation

  • Mortgage Applications Spike Following GSE MBS Plan

More Imf News

Featured Data

  • Largest Sellers See GSE Deliveries Wane in November

  • Third-Party Lenders Boost Market Share in Third Quarter

  • Bank Mortgage Repurchases Decline in Third Quarter

  • Mortgage REITs Up Agency MBS, Shed Non-Agency

More Featured Data

Featured Reports

  • Mortgage Profitability Report 3Q25 (PDF)

  • Top Mortgage Players: 3Q25 (PDF)

  • Mortgage Servicing Rights Report: 3Q25 (PDF)

  • GSE Repurchase Activity: Cumulative to Second Quarter 2025 (PDF Format)

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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