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What We’re Hearing: The Mortgage Cycle Turns / PE Firms Ready to Pounce? / Show Mr. Cooper the Door? / Impac in Play? / loanDepot Retail Chief David Norris Departs for Law Enforcement Project / More Nonprime MBS on the Way

November 3, 2017
Paul Muolo
Ocwen will not be sold through a stock deal, but Nationstar could be...
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Mortgage Banking Profits Declined Slightly for Banks in 3Q17

November 3, 2017
John Bancroft
Meanwhile, the indicators point to a drop in production volume for the fourth quarter…
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A New Fed Chairman is Picked but that Might be the Only Major Change at the Central Bank

November 3, 2017
Thomas Ressler
“There was no drama surrounding this meeting of the FOMC,” said Michael Fratantoni, chief economist for the Mortgage Bankers Association.
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Housing and Mortgage Industries Call GOP Tax Plan a Dud for Homeownership

November 3, 2017
Brandon Ivey
The $1 million cap is grandfathered and will only affect loans taken out after enactment of the bill...
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A Spike in Freddie MBS Issuance Helped Steady Volumes for October

November 3, 2017
John Bancroft
But while Fannie production slumped 11.5 percent, Freddie saw a robust 23.9 percent jump in new issuance in October…
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Nationstar Mortgage May be in Play, But It’s Hard to Predict Who Possible Suitors Could Be

November 2, 2017
The possible sale of Nationstar Mortgage could have ramifications for a handful of other publicly traded nonbank mortgage firms, including Ocwen Financial, New Residential Investment Corp., and Walter Investment Management Corp. For now, Nationstar and its largest investor – Fortress Investment Corp. – are saying little about the matter, but it’s been widely reported the past week that SoftBank (soon to own Fortress) has hired investment bankers to explore a sale of ...
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Short Takes: GSE Reform? What’s the Rush? / Calabria, an FHFA Director Candidate? / Capping the Mortgage Interest Deduction at $500,000 / TCF to Buy Nonbank Mortgage Firm

November 2, 2017
Paul Muolo, Brandon Ivey, and Carisa Chappell
Mark Calabria is not exactly a fan of the GSEs...
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Ocwen Takes $6.1 Million Loss in Third Quarter but Results Could Have Been Worse

November 2, 2017
Brandon Ivey
The loss would have been worse if not for a one-time tax benefit of $23.2 million…
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Nationstar Reports a $7 Million Profit for 3Q17. Smaller MSR Markdowns

November 2, 2017
Paul Muolo
Nationstar originated $4.25 billion of new home mortgages in 3Q17…
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Between Multiple Hurricanes and Wild Fires, a Market Develops for a New Breed of ‘Scratch & Dent’ Loans

November 2, 2017
Paul Muolo
According to bidders in the market, the early action focuses on loans that are “stuck” on warehouse lines.
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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

More Featured Data

Featured Reports

  • Agency Channel Analysis: 2Q26 (PDF)

  • Top Mortgage Players: 2Q26 (PDF)

  • Mortgage Profitability Report 2Q26 (PDF)

  • IMF Mortgage Directory: Full interactive database

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?

View Results
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