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Subservicing Contracts Gain Once Again with Nice Increases for Nationstar and PHH

December 19, 2017
Paul Muolo
At Sept. 30, roughly $2.09 trillion – or 19.9 percent of total residential mortgages outstanding – were being subserviced by a vendor that didn’t own the underlying servicing strip…
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GOP Tax Bill Won’t Change Current Capital Gains Treatment on the Sale of a Principal Residence

December 18, 2017
Brandon Ivey
The housing industry had warned that extending the requirement would “lock” younger borrowers into their first homes for longer periods of time…
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MountainView Selling Bulk MSRs, but Seller Prefers to be the Subservicer

December 18, 2017
Paul Muolo
The MSR package is dominated by California product…
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Fannie and Freddie Ramp Up ‘Duty to Serve’ Programs; Renovation Mortgage Products to Come

December 18, 2017
Paul Muolo
The statute requires the GSEs to serve three specific underserved markets: manufactured housing, affordable housing preservation, and rural housing by increasing secondary market liquidity...
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Ginnie’s Effort to Rein In Rapid Refis on VA Loans: More to Come, for Sure

December 18, 2017
George Brooks
Ginnie’s Dec. 7 memo to issuers outlines the new pooling changes, along with additional measures…
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Short Takes: What’s Up with Walter? / loanDepot and Going Public? / Capping the MID at $750K / Victor Ciardelli, Still in Charge at Guaranteed Rate / PrimeLending Promotes Thompson

December 18, 2017
Paul Muolo and Brandon Ivey
Eventually, loanDepot's investors will want to cash out...
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Surprise: Banks Report Small Increase in ‘Servicing for Others’

December 18, 2017
John Bancroft
But the gain was largely attributable to one bank – Wells Fargo – which acquired an agency servicing portfolio of about $51.0 billion from Seneca Mortgage…
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What We’re Hearing: Bitcoin Comes to the Rescue of Homebuyers / Not There Yet / Would the White House Dare Fire Mel Watt? / Probably Not? / Shrinking the GSE Role / Judging the Profitability of MBS Guarantees

December 15, 2017
Paul Muolo
Of course, the Trump administration has a history of shooting first and asking questions later…
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PE Firm Thomas H. Lee Buys a Stake in Guaranteed Rate, but Ciardelli Still in Control

December 15, 2017
Paul Muolo
The spokesperson noted that Guaranteed Rate founder and CEO Victor Ciardelli “is still in control.”
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Continued Growth for Agency MBS in 3Q17

December 15, 2017
John Bancroft
The fastest-growing segment is the Ginnie Mae market…
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Latest Imf News

  • Bulk Sales of Agency Servicing Declines

  • MBS, ABS Investors Ready for More Issuance

  • CFPB Pulls Back on Fair Lending Efforts

  • AGNC Reports 3Q Losses

More Imf News

Featured Data

  • Seller Repurchases of GSE Loans Bounce Up in 2Q

  • Retail Share Rising in Conventional-Conforming

  • Refi Activity Plummets, Dragging Down Agency MBS in 3Q

  • ARM Production Rebounds

More Featured Data

Featured Reports

  • Top Mortgage Players: 2Q26 (PDF)

  • Lender Profiles 2Q26: Top 25 (PDF)

  • Agency Channel Analysis: 2Q26 (PDF)

  • Mortgage Profitability Report 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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