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Why Lenders Are Avoiding ‘Next Gen’ Tech Providers: the Costs are Too High

March 29, 2017
Brandon Ivey
The most prevalent users of next-gen tech were large and mid-sized lenders…
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Short Takes: Key Posts at HUD Remain Unfilled / HUD Chief Takes ‘Listening Tour’ to Texas Public Housing / Wells Gets ‘Needs to Improve’ on CRA Exam / It’s Dividend Time for Fannie and Freddie / New Hires for Selene

March 29, 2017
Paul Muolo
The Trump administration appears to be in no rush to fill key posts at HUD, Ginnie Mae and FHA...
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Retail Channel Dominated Agency Lending in 2016

March 28, 2017
John Bancroft
Mortgage brokers accounted for 12.9 percent of agency production.
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Does Trump’s Executive Order Apply to the CFPB? Looks That Way…

March 28, 2017
Thomas Ressler
Former CFPB attorney Richard Horn believes the executive order applies to the CFPB because it refers to agencies under the Administrative Procedures Act…
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NYDFS Eliminates Servicing Monitor for Ocwen; Restrictions May be Lifted on Servicing Acquisitions Too

March 28, 2017
Paul Muolo
At one point, Ocwen's management said various monitors were costing the company upwards of $80 million a year...
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The Final Tally on Publicly Traded Nonbanks: A $156.1 Million Loss for 2016

March 28, 2017
John Bancroft
However, this group of nonbank lender/servicers is hardly homogenous…
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Prepayment Rate on Mortgages in Jumbo MBS Close to Rate on Conforming Loans

March 28, 2017
Brandon Ivey
BAML suggested that one of the reasons prepayment speeds on jumbos have been relatively slow is the presence of self-employed borrowers…
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M&A Roundup: Freedom Mortgage is in a Buying Mode

March 28, 2017
Paul Muolo
Depending on its buying spree, Freedom could easily leap-frog into the number four originator spot, bypassing PennyMac Financial, Bank of America, and U.S. Bank.
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Short Takes: Meet HAL, Your Loan Officer / The Low-Hanging (Mortgage) Fruit / Can a Computer go to Jail? / ‘Digital’ Mortgage Means What Exactly? / Wedbush Likes Nationstar

March 28, 2017
Paul Muolo
LO automation could be complicated by compliance. What if there’s a RESPA violation and charges are filed? Who goes to prison: the computer or the supervisor of the computer?...
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GSE Buybacks Fell to Record Low in Fourth Quarter, 2016

March 27, 2017
John Bancroft
During the fourth quarter of 2016, lenders repurchased just $207.31 million of home loans, a 37.0 percent decline from the third quarter.
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Latest Imf News

  • GSEs, Credit Unions and REITs Advancing on MBS

  • FHA’s MMIF Capital Ratio Holds Steady in FY 2025

  • Average First-Time Homebuyer Age Remains Consistent

  • Industry, Consumer Groups at Odds on Section 1071 Changes

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

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  • Mortgage Profitability Report 3Q25 (PDF)

  • Lender Profiles 3Q25: Top 25 (PDF subscription)

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