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Home » Topics » News » IMFnews

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Agency Servicing Continued to Grow in 3Q17, Megabanks Show Little Interest

October 19, 2017
John Bancroft
The four megabanks reduced their agency mortgage servicing rights by $59.6 billion during the third quarter…
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Freddie Mac Pushes Back Against Criticism on Its Use of Equifax

October 19, 2017
Brandon Ivey
However, officials at Freddie said the claims regarding the GSE and Equifax lacked context.
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Mortgage Due Diligence Firms Open to Working Together to Standardize Reporting

October 19, 2017
Brandon Ivey
Each due diligence firm applies its own interpretation of compliance...
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Stearns Reorganizes a Bit, Cuts 159 Jobs in California, but Plans to Rehire in Texas; Seeks LOs

October 19, 2017
Paul Muolo
“We continue to be bullish on the business,” said Stearns CEO David Schneider.
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Ocwen’s Departure from the Wholesale Sparks Speculation: An Eventual Sale?

October 19, 2017
Paul Muolo
Ocwen’s recent barrage of regulatory settlements, coupled with the sale of the wholesale division and the recent hiring of investment banker Chris Whalen, is sparking talk...
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Short Takes: Princeton Mortgage Enters Wholesale Arena / Ocwen Settles with Lone Star State / Stipulations Regarding REALServicing / The Original Trademark / Angel Oak Hires Fund Manager

October 19, 2017
Paul Muolo
Ocwen settled with Texas regulators as well...
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Arch Continues Re-Insurance Transactions Started by UG; New Issuance the First to Receive a Rating

October 18, 2017
Brandon Ivey
Mortgages delivered to the GSEs with an unpaid principal balance of $29.30 billion are included in the transaction.
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Radian Discloses More Pain from Services Unit (Clayton); Tennyson is Out as President

October 18, 2017
Paul Muolo
The MI also terminated Jeff Tennyson as president of the unit. No replacement will be named, a spokeswoman told IMFnews.
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U.S. Bancorp Grows Residential Production by Almost 10 Percent

October 18, 2017
Paul Muolo
Compared to the same period a year ago, residential loan production declined by 19.6 percent...
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Short Takes: The Little Guy Gets a G-Fee Break / A Coming Spike in G-Fees? / More Financial Maneuvers by Radian / A Hot Streak for Non-Agency Prime MBS / A Stock Market Crash Warning from Treasury Secretary Mnuchin

October 18, 2017
Paul Muolo and Brandon Ivey
Might this suggest that g-fees charges could spike next year when zero hour comes?
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Latest Imf News

  • Servicing Share for Rocket, Chase Down in Second Quarter

  • Income Declines at Rocket After Slow Spring Homebuying Season

  • MBS Investors Call for Changes With GSEs’ Credit Score Framework

  • Weak Jobs Report Could Delay Rate Hike by Fed

More Imf News

Featured Data

  • Largest Servicers Lose Ground in Second Quarter

  • MSR Transfers Increase in 2Q, UWM’s Sales Spike

  • Reset Activity Drives 2Q26 Boost in CLO/CDO Issuance

  • Originations Increase in 2Q Amid Headwinds From Rates

More Featured Data

Featured Reports

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Mortgage Servicing Rights Report: 1Q26 (PDF)

  • Lender Profiles 1Q26: Top 25 (PDF)

  • Mortgage Profitability Report 1Q26 (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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