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With Kittle Backing Away from Top Ginnie Post, Acting Pres. Michael Bright May Be Next Choice

November 22, 2017
Ginnie Mae has been without a permanent president for roughly 10 months now, but so far inves-tors don’t seem to be balking at buying agency MBS. But that doesn’t mean the market – as well as stakeholders – aren’t getting nervous about the situation.
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Mortgage M&A Activity Increases, but as Year Draws to a Close, No Major Deals are Expected

November 22, 2017
The sale of mortgage banking franchises and asset-related acquisitions are gaining traction as the year draws to a close, but dealmakers aren’t expecting any blockbuster moves before yearend. According to interviews conducted by Inside Mortgage Finance with investment banking advi-sors, many lenders remain profitable and are enjoying a 2017 that turned out to be better than expected in terms of origination volume.
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Flagstar Rolls Out Zero-Down Product With Closing Cost Assistance

November 21, 2017
George Brooks
Qualified borrowers need not worry about repaying the closing-cost amount, Flagstar said...
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Short Takes: United Wholesale Rules the Table-Funding Roost / Wells Fargo the King of Correspondent / Beware the Dow Jones / Another Top Executive Departs

November 21, 2017
Paul Muolo
When the Dow Jones corrects, rates will plunge. Right?
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Publicly Traded Mortgage Firms Not Exactly Setting the World on Fire

November 21, 2017
Paul Muolo
Industry observers contend Ocwen, another money-losing company, would love to find a merger partner, but must first resolve its regulatory problems…
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3Q17 Results: Third-Party Lenders Gained Market Share in a Purchase-Heavy World

November 21, 2017
John Bancroft
In the broker channel, United Wholesale Mortgage once again dominated…
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Short Takes: Franklin Codel’s Immediate Plans / Forfeiture of Stock / Entitled to a Severance Package of $2 Million? / MBA Weighs in on CFPB’s Strategic Plan

November 21, 2017
Paul Muolo and Thomas Ressler
Codel joined the megabank in 1993. He’s a graduate of Harvard University with a degree in engineering science…
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One Week After Cordray Declared He’s Leaving the CFPB, Trump Still Hasn’t Named a Replacement

November 21, 2017
Thomas Ressler
So, where’s Mick?
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A 40-Page GSE ‘Draft’ Bill is Circulating in the Senate

November 21, 2017
Paul Muolo
As press time, details were sketchy, but lobbyists who claim to have knowledge of the draft caution there are several “different pieces” to the measure...
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(A Ton) of Mortgage Executives on the Move?

November 21, 2017
Paul Muolo
Industry consultant Paul Hindman: “There seems to be a growing number of participants in this year’s game of musical chairs."
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Latest Imf News

  • Fannie Economists Sharply Increase Interest-Rate Forecast

  • Mortgage Originations, Revenue Decline at U.S. Bank in 3Q

  • Prime Non-Agency MBS Issuance Up in 3Q

  • Agency MBS REIT Orchid Island Takes Loss in Third Quarter

More Imf News

Featured Data

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

  • ARM Production Rebounds

  • Originations of Home Equity Loans Rise 20% in 2Q

  • Origination Share Up for Nonbanks, Large Lenders in 2026

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Featured Reports

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  • Top Mortgage Players: 2Q26 (PDF)

  • Mortgage Profitability Report 2Q26 (PDF)

  • IMF Mortgage Directory: Full interactive database

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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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