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Short Takes: EverBank CEO Now the Head of LenderLive / Strong Volumes at Skyline / Refi Shops Hurting / Walter Files Layoff Notice on Irving Office / loanDepot Snatches Top LO from Guaranteed Rate

July 18, 2017
Paul Muolo
Walter Investment filed a WARN notice with the Texas Workforce Commission, saying it will close its Irving, TX, office and cut 437 workers...
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Bank Mortgage Repurchases Trend Lower

July 18, 2017
John Bancroft
Bank of America once again reported the biggest volume of residential loan repurchases: $421 million…
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Most Mortgage Gripes Plunge – Except for Loan Servicing

July 18, 2017
Thomas Ressler
Specialty servicers Ocwen and Ditech Financial ranked third and fifth, respectively, in mortgage complaints during the first six months of 2017, according to Inside the CFPB.
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Walter Now in Danger of Getting Kicked off the NYSE

July 17, 2017
Paul Muolo
Walter, the parent of Ditech Financial, said it expects to “acknowledge receipt” of the compliance violation and “notify the NYSE of its intention to seek to cure the deficiency…”
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CFPB Cuts ‘Smallish’ Lenders Some HMDA Slack (Temporarily)

July 17, 2017
Thomas Ressler
Under the proposal, the CFPB would increase that threshold to 500 loans through calendar years 2018 and 2019…
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Retail Channel Losing Steam in 2Q17 Agency Business; Brokers Rising

July 17, 2017
John Bancroft
Agency mortgages produced by mortgage brokers actually rose 4.4 percent in the second quarter, even as the overall market was falling 6.1 percent.
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MBS Trading Volume Increased in June, but…

July 17, 2017
Paul Muolo
It hasn’t been pretty the last couple of weeks for MBS values…
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UI: Single-Security Efforts Alleviated GSE Pricing Disparities

July 17, 2017
Carisa Chappell
Freddie Mac’s prepayment speeds are no longer faster than Fannie’s…
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Short Takes: LOs, You’ve Been Put on Notice / Citigroup’s MSR Holdings: Down 68 Percent / GOS Outlook / Two Harbors Prices Preferred Shares / Castle & Cooke Hires Compliance Manager

July 17, 2017
Paul Muolo
Mortgage gain-on-sale margins likely will be flat...
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A Strong Showing for Non-Agency MBS in 2Q17 – Thanks to S&D Deals and Re-securitizations

July 14, 2017
John Bancroft
One of the biggest development this year has been the growing consistency in issuance of nonprime MBS.
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Latest Imf News

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Featured Data

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Featured Reports

  • Mortgage Servicing Rights Report: 3Q25 (PDF)

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