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Finance of America Enters the Correspondent Channel, Focusing on CUs and Community Banks

September 21, 2017
Paul Muolo
Finance of America’s backers include The Blackstone Group…
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Underwater Mortgages Steadily Drying Up

September 21, 2017
Sherry Muolo
The average gain in equity clocked in at $12,987 for homeowners.
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Short Takes: Waiting on a Wider Credit Box / A 30 Percent Jump for Nonconforming / 5,000 Active Loan Brokers for UWM / Don’t Count on Another Refi Boom Quite Yet / A New Hire for Altisource

September 21, 2017
Brandon Ivey and Paul Muolo
Another refi spurt in the works? It may’ve looked that way a few weeks ago, but...
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15 Groups Tell Treasury and FHFA: Legislation to Reform the GSEs, Not Some Recap Plan

September 21, 2017
Paul Muolo
The signors add: “We … believe the debate over recapitalizing a broken system distracts from the critical structural issues that Congress must address to ensure that the federally supported secondary market serves key, bipartisan objectives.”
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Walter Gets $300 Million Increase in Financing from Barclays; Stock Spikes

September 20, 2017
Paul Muolo
News of the expanded repo line sent Walter's share price soaring...
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Liquidity in the MBS and ABS Markets: As Strong as It’s Ever Been…

September 20, 2017
Brandon Ivey
“Liquidity is strong across the spectrum and probably the best we’ve ever seen for structured products,” said Scott Levy, a senior managing director at Guggenheim Securities…
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United Wholesale Keeps Funding Startup Grants for Brokers, but Would Like Some Company

September 20, 2017
Paul Muolo
UWM CEO Mat Ishbia noted that his company does not have a say on which applicants ultimately get picked by NAMB, though the lender does have one representative on the review panel.
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Short Takes: Did Wells Dodge a Bullet on its CFPB Fine? / A ‘Recommendation Memorandum’ / No Effect on Wells’ Mortgage Business / Subject the CFPB to Appropriations / Stearns Goes ‘Digital’

September 20, 2017
Brandon Ivey, Paul Muolo, and Thomas Ressler
Wells Fargo could have been subject to a whopping $10 billion fine...
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Houston Court Drives Final Nail into Allied’s Coffin, Imposes Total Damages of $293 Million

September 20, 2017
George Brooks
The case started back in 2011 as a “whistleblower” lawsuit filed in New York. Allied, a net branch operator, was based in Houston.
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Depositories Continue to Place First Liens in Portfolio

September 19, 2017
Brandon Ivey
Trends in portfolio management were somewhat mixed among the top 10 holders of first-lien mortgages…
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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)

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  • Mortgage Servicing Rights Report: 3Q25 (PDF)

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

More Latest Reports

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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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