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Net Income of $8.3M for Great Ajax, REIT Looks to Acquire More RPLs

May 2, 2018
Brandon Ivey
Great Ajax’s forte is buying re-performing mortgages…
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Ocwen Posts a (Small) Profit, but Revenues Keep Heading South

May 2, 2018
Paul Muolo
Ocwen has tried to mend its ways, noting in the new report: “We have now resolved all of the state cease and desist orders (but not all of the legal actions) taken against us….”
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Short Takes: Freddie Mac Multifamily Continues to Shine, but… / UWM Rolls Out New Website / Seed Money / Nationstar Looking at a Large MSR Markup? / Mulvaney: I’m Not Running a Yelp / New Hires for Freddie, Angel Oak

May 1, 2018
Paul Muolo and Yemeng Yang
Not too long ago, UWM rolled out a $500,000 grant program designed to allow LOs to start their own loan brokerage firms...
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Freddie Posts Strong 1Q18 Profit Thanks to G-Fee Income, Gains from Derivatives (and No More DTA Hits)

May 1, 2018
Paul Muolo
Even though the GSE posted a strong profit, it saw MBS issuance fall 37.2 percent in the first quarter...
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Consumer Mortgage Complaints Take a Dive

May 1, 2018
Yemeng Yang
Total gripes filed during 1Q18 were down 36.3 percent from a year ago…
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Freddie CEO Don Layton Weighs in on IMAGIN Pilot Program

May 1, 2018
Carisa Chappell
Early on, research firm B. Riley FBR described IMAGIN as “an offshore structure [that] could enable a lower price.”
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The Nonbank Share of GSE Servicing Now Stands at 37.5 Percent – and Growing

May 1, 2018
John Bancroft
Matrix Financial Services is another nonbank rapidly climbing the GSE servicing ranks…
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The GSE Reform Bust Blues: Worrying About Mel Watt’s (Potential) Successor at the FHFA

May 1, 2018
Paul Muolo
There’s been speculation that when the Trump administration picks Watt’s successor, one of the first things that person might do is impose a loan-size purchase limit on the two government-sponsored enterprises.
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Freddie Posts Strong 1Q18 Profit Thanks to G-Fee Income, Gains from Derivatives (and No More DTA Hits)

May 1, 2018
Paul Muolo
In the first quarter of 2018, Freddie issued $63.9 billion of single-family MBS, a 37.2 percent sequential drop...
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1Q18 Roundup: Megabanks Suffered Mega Declines in Lending

April 30, 2018
Paul Muolo
In an unusual development for a top mortgage lender, BofA announced that it would no longer report any information about its mortgage banking operations.
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Latest Imf News

  • Nonbanks, Large Lenders Gain Share in Originations

  • Mortgage Locks Decline in September

  • Trigger Leads Rarely Led to Loans Prior to Restrictions

  • Better Focusing on HELOCs, AI and Hiring New CEO

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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