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Chicago Bank Pulls the Plug on National Residential Lending, Will Take a $37 Million Hit (At Least)

April 13, 2018
Paul Muolo
MB Financial plans to keep originating home loans in the greater Chicago area and will keep its mortgage servicing platform intact.
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JPM’s Origination Machine Tanked in 1Q18

April 13, 2018
Paul Muolo
Despite the drop, JPM marked up the asset value of its mortgage servicing portfolio...
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Due Diligence Giant AMC is Sold As Non-Prime Securitization Heats Up

April 13, 2018
Stone Point Capital, which seems to have an insatiable appetite for mortgage-related assets, has added due diligence provider American Mortgage Consultants to its growing stable of companies.
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Short Takes: A 10 Percent Cut in GSE Loan Limits? (Just a Thought) / Mulvaney Has Saved the CFPB $16 Million / New Rez Buys RPL Pool from Fannie / Directors for New Rez Earn How Much? / NYS Fines Nationstar (aka Mr. Cooper)

April 12, 2018
Paul Muolo and Yemeng Yang
With GSE reform all but dead, rumors about possible administrative changes abound...
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House Hearing Questions FHFA’s Oversight of Fannie, Freddie. IMAGIN?

April 12, 2018
Carisa Chappell
Wertheimer testified that during her tenure, the FHFA-OIG has issued 85 reports and made 117 recommendations to address supervisory shortcomings.
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Wedbush Takes an Ugly View on Mortgages, Says Direct Lenders will be the Biggest Losers This Year

April 12, 2018
Paul Muolo
On the plus side, Wedbush sees mortgage servicers and home builders benefitting…
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A Defiant Mick Mulvaney Tells Democrats: ‘I Haven’t Burnt the Place Down’

April 12, 2018
Yemeng Yang
Rep. Maxine Waters, D-CA, the ranking member of the panel, would not acknowledge that Mulvaney is the head of the agency but asked him questions anyway.
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SG Capital Partners Packs Large Share of Non-QMs into its Latest Nonprime MBS

April 12, 2018
Brandon Ivey
SG Capital Partners focuses on loans with higher balances than other nonprime MBS aggregators.
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Private MI Loan Volume Down Sharply in 1Q18

April 12, 2018
John Bancroft
The upside for private MIs is that their purchase business started off 2018 at a more robust level than last year…
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Thanks to Rising Rates, Servicing Values Jump

April 11, 2018
Paul Muolo
Mark Garland, president of MountainView Servicing Group, Denver, reported that SRP prices are indeed strong these days. “Absolutely, it’s the best it’s been in years,” he said.
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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?

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