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Will Treasury Take a Look at Mortgage Servicing Compensation?

March 7, 2017
Paul Muolo
Perhaps, residential servicers should receive 33 basis points for servicing Fannie/Freddie loans, not 25 bps...
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Short Takes: It Appears Carson Likes the MI Industry / New HUD Chief Carson Asks Employees to Take ‘The Niceness’ Pledge / You Can’t Overload the Human Brain? / Prestwick Selling GSE Servicing Rights / Freddie’s New Whole Loan Deal

March 7, 2017
Brandon Ivey and Paul Muolo
"You can't overload the human brain," said newly minted HUD secretary Ben Carson. And there was more...
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Ginnie Mae Issuance Takes a Tumble in February

March 6, 2017
George Brooks
Just three depositories ranked among the top 15 issuers for February…
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Plenty of ‘Home Equity’ Now, but Less of a Desire to Tap the ‘House ATM’

March 6, 2017
Brandon Ivey
Researchers at the Federal Reserve Bank of New York said there’s still plenty of demand for home equity loans and cash-out refis but…
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Redwood Trust Prepares its Third Jumbo MBS of the Year. Execution Stronger than Whole Loan Sales

March 6, 2017
Brandon Ivey
Redwood officials note that in recent months pricing for jumbo MBS has been stronger than the bid for whole loan sales…
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The Trump ‘Wire Tap’ Accusation and What it Means for the GSEs

March 6, 2017
Paul Muolo
Cowen notes: “…this latest flare up reinforces our view that Treasury is unlikely in 2017 to unilaterally change the profit sweep at Fannie and Freddie…”
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Freedom May be a Buyer of Mortgage Servicing Rights

March 6, 2017
Paul Muolo
Although Freedom is private, a few years back it launched a publicly traded REIT called Cherry Hill Mortgage Investment, which lately has been trading near its 52-week high.
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Short Takes: Banc of California’s Mortgage Chief Receives Kudos / Money that will have to be Replaced / Security National the Latest to Settle with HUD / CoreLogic Notes the Passing of its CEO / A New Hire for Inland Home

March 6, 2017
Paul Muolo
Banc of California’s mortgage division generated $150 million a year in revenue…
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SFIG Vegas Turnout Tops 6,700, but That Doesn’t Mean Investors Will Cozy Up to Non-Agency MBS

March 3, 2017
Brandon Ivey
Issuance of non-agency MBS backed by new originations continues to be limited…
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Mortgage M&A Continues to Hum Along; 20 Percent of Nonbanks Could Disappear?

March 3, 2017
Paul Muolo
Earlier this week, Flagstar closed on its purchase of the correspondent lending platform of Stearns Lending – a rare transaction where a depository was buying a key mortgage asset from a nonbank.
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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

  • Agency Seller-Issuer Profile: 3Q25 (PDF)

  • Mortgage Profitability Report 3Q25 (PDF)

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

  • Agency Channel Analysis: 3Q25 (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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