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The Supreme Court Could be the Final Venue for PHH Corp. v. CFPB

May 25, 2017
Thomas Ressler
One constitutional issue that garnered some attention: whether a multi-member commission is more legitimate than a single director…
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Nonprime Lender Citadel Ready to Enter the Small-Balance Commercial Market

May 25, 2017
Paul Muolo
Citadel’s small-balance commercial program will include mixed-use retail and other loan types.
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New Product Watch: Guild’s 1% Downpayment Loan; Stearns Pushes Temporary Rate Buydown

May 25, 2017
Brandon Ivey
Stearns said that temporary interest rate buy-downs are good for borrowers who expect their incomes to increase in the relatively near future.
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More MSR Offerings from Incenter

May 25, 2017
Paul Muolo
For the week, IMA rolled out $3.87 billion worth of servicing auctions.
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Short Takes: Trump Copies Obama’s FHA Tech-Fee Idea / More Wholesale Lenders? / Home Point Deal Progresses / CHLA Presses for FHA Premium Cut / A New Director at Impac Mortgage

May 25, 2017
George Brooks, Brandon Ivey, and Paul Muolo
When’s the last time a publicly traded mortgage company was sold in a stock transaction?
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Warehouse Commitment Levels Declined Slightly In 1Q17; Is Profitability of Nonbanks a Concern?

May 25, 2017
Warehouse lenders ended the first quarter of 2017 with an estimated $59.0 billion of commitments on their books, a 4.8 percent sequential decline, according to exclusive survey figures compiled by Inside Mortgage Finance. Compared to a year ago, commitments were up 13.5 percent. However, many nonbanks sign commitment deals but don’t always draw on the lines very heavily. A case in point was the first quarter: the drop in commitments was benign compared to the overall decline in originations. Industrywide, residential lending fell by 33.6 percent from the fourth quarter. The good news for the warehouse sector is...[Includes one data table]
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In the Mortgage M&A Game, New Entrants Eye Smaller Shops, RPM Mortgage Nears a Deal

May 25, 2017
As summer approaches, the mortgage mergers-and-acquisitions market is heating up – with mostly talk. However, soon that chatter may lead to actual deals. According to investment banking sources, at least three mid-sized nonbanks may pull the exit parachute soon, with offering books ready to follow. The identity of the three firms was not provided, but the firms are well known, said one source. Meanwhile, the list of possible buyers hasn’t changed...
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GSE Purchase Business Showed Promise in April, but...

May 24, 2017
John Bancroft
In April, Wells Fargo was the top seller of mortgages to Fannie and Freddie with $9.02 billion, followed by Quicken Loans and JPMorgan Chase…
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Trump Aims to ‘Restructure’ the CFPB and Slash Agency Spending by 22.4 Percent

May 24, 2017
Paul Muolo
The Trump White House wants to slash the budget of the CFPB, an independent agency it has no control over...
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The MSR Market Firms Up; More Buyers; What Could Go Wrong?

May 24, 2017
Paul Muolo
Servicing advisors Steve Harris and Mark Garland view the MSR market as improving…
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Latest Imf News

  • Trump’s Order for GSE MBS Purchases Faces Some Hurdles

  • Agency MBS Issuance Hits Three-Year High in 2025

  • Single-Family Securitization in Limbo With Trump Plan

  • Mortgage Locks Decline by Nearly 20% in December

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 Servicing Rights Report: 3Q25 (PDF)

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

  • Agency Seller-Issuer Profile: 3Q25 (PDF)

  • Mortgage Profitability Report 3Q25 (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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