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Red Hot Housing: July MBS Total the Largest Monthly Purchase-Mortgage Volume Since Loan-Level Data Became Available

August 4, 2017
John Bancroft
Freddie’s purchase-mortgage business soared 17.1 percent from June to July, while Fannie’s was up 9.0 percent…
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Cherry Hill Inks MSR Flow Deal with RoundPoint Mortgage

August 4, 2017
Paul Muolo
CHMI was launched a few years ago by the privately owned Freedom Mortgage, the nation’s seventh largest originator…
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DOJ Cleared to Join Another Constitutional Challenge to the CFPB: Ocwen’s

August 4, 2017
Thomas Ressler
“We look forward to the attorney general’s views on the constitutional issues raised in our motion to dismiss,” an Ocwen spokesman told IMFnews.
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What We’re Hearing: The Clock is Ticking / Ivanka Trump, the GSEs, Mary Bailey and the Debt Ceiling / How Far will the FHFA Go in Loosening Credit? / Bad Timing on Mortgage M&A Deal / Impac’s Non-QM Plans Revealed

August 4, 2017
Paul Muolo
It was thought that Watt, while speaking at the annual convention of the NAREB, might, might say something about the GSE dividend payments...
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Fannie Mae Posts Strong 2Q Profit, Will Pay Treasury $3.1B ‘If FHFA Declares a Dividend in This Amount’

August 3, 2017
Carisa Chappell and Paul Muolo
In early 2018, the Fannie/Freddie capital buffer falls to zero from $600 million this year...
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Big Banks Diverge on a Huge Question: To Retain Mortgages or Not? BofA Keeping 90 Percent…

August 3, 2017
Brandon Ivey
BofA CEO Brian Moynihan: “Now, the answer is, we just retain the mortgages and frankly the credit quality on ours is not worth paying the insurance [associated with selling loans into MBS].”
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And the Beat Goes On: Nonbanks Keep Stealing MSR Market Share from Depositories

August 3, 2017
John Bancroft
Mortgage REIT New Residential posted a stunning 40.1 percent sequential growth rate in its MSR portfolio, according to Inside Mortgage Finance.
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Fannie Posts Strong 2Q Profit, Will Pay Treasury A $3.1B ‘If FHFA Declares a Dividend in This Amount’

August 3, 2017
Carisa Chappell and Paul Muolo
Treasury keeps earning huge dividends from the GSEs, while the junior preferred shareholders can only look on in jealousy...
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Fix & Flip Lender CALCAP Gets Equity Investment, Hires Former Flagstar Executive

August 3, 2017
Paul Muolo
Not counting the new investment from Gatehouse, CALPCAP has raised $225 million from investors since its inception 10 years ago. Company principal Mark Mozilo told IMFnews the firm is continuing to hire as it builds out a national lending platform.
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Trade Groups Suggest Improvements to CFPB’s ATR Assessment

August 3, 2017
Thomas Ressler
“The research will inform the CFPB and assist it in developing recommendations to streamline and improve the rules governing the mortgage industry and, more specifically, the ATR/QM rule,” said the CMC.
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Latest Imf News

  • Credit Quality of GSE Loans Improves in Fourth Quarter

  • Originations at Chase Tick Up in Fourth Quarter

  • CFPB Shift of Enforcement to DOJ Appears Unlikely Now

  • Ginnie Makes MBS Backed by eNotes Eligible for PIIT Program

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

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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