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M&A Market Heats Up, Union Home Buys Arizona Lender

May 16, 2018
Paul Muolo
UHM has roughly 130 retail branches across 36 licensed states…
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Short Takes: Time to Change the QM Rule? / Bright Tapped to Head Ginnie / MSR Sellers Sitting Pretty? / After the Recession… / Applications Decline Again / NAR’s Chief Lobbyist Sets Retirement Date

May 16, 2018
Paul Muolo and Yemeng Yang
Residential firms looking to sell mortgage servicing rights are in a sweet spot right now. However...
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Mortgage Performance Improves in First Quarter; But FHA/VA Delinquencies Increase on an Annual Basis

May 16, 2018
Brandon Ivey
The higher delinquency rates on FHA/VA loans are likely tied to hurricanes that struck select markets last fall.
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Coming Uniform MBS Could Have Side Effects for Fannie Mae

May 15, 2018
Paul Muolo
Fannie disclosed the single-security “may adversely affect our financial results and contribute to declines in the liquidity or market value of our MBS.”
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HomeStreet Contemplates Selling a $5 Billion Package of Servicing Rights

May 15, 2018
Paul Muolo
HomeStreet restructured its mortgage business last year…
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Short Takes: USMI Seconds that GSE Emotion / Don’t Hold Your Breath / Mid America Enters the Warehouse Arena / Fannie Selling NPLs / A Recession Coming? / Freddie Gets a New Chief Compliance Officer

May 15, 2018
Paul Muolo and Carisa Chappell
Barry Habib, who heads MBS Highway, believe that within two years, the U.S. will be in a recession...
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Provident and Stearns Lending Lost Money in 2017: Moody’s

May 15, 2018
Brandon Ivey
Moody’s detailed profitability levels for four large private nonbanks: Freedom Mortgage, Provident Funding Associates, Quicken Loans and Stearns Lending.
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As Originations Slow, Warehouse Providers Face Tight Profit Margins, Riskier Credits

May 15, 2018
Paul Muolo
According to a tally by Inside Mortgage Finance, few warehouse providers bucked the trend of falling commitments.
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Flagstar Packages GSE-Eligible Mortgages on Investment Properties into Non-Agency MBS

May 15, 2018
Brandon Ivey
Packaging the loans into a non-agency MBS suggests that Flagstar expects better execution in the non-agency market than from delivering the mortgages to Fannie Mae or Freddie Mac.
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GSE Share Prices Weaken; KBW: Risk-Sharing Deals Hurt Profits

May 15, 2018
Paul Muolo
KBR points out that risk-sharing results in premiums being shifted away from Fannie and Freddie to providers of credit risk protection.
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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?

View Results
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