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Short Takes: Branch Manager Departures at loanDepot / Nationstar a Candidate for PHH MSRs? / Delinquencies Spike in Some Categories / Still in Love with Ocwen: Bill Erbey / Coming Soon: Warehouse Ranking

February 15, 2017
Paul Muolo
Bill Erbey, who was forced out by financial regulators two-plus years ago, controls 16.8 percent of Ocwen Financial...
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A Large 4Q16 Loss for PHH; More Asset Sales...

February 15, 2017
Paul Muolo
Among the key announcements: the company is selling its PHH Home Loans joint venture to Guaranteed Rate; unloading its private label operations to LenderLive Network, and monetizing “certain” servicing assets.
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Inching Up Ever So Slightly: The Percentage of GSE Loans With Lower Credit Scores

February 14, 2017
John Bancroft
The apparent easing of credit terms in the Fannie/Freddie market has been moving at a glacial pace…
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Blackstone Invests in B2R Finance, Then Buys Fix & Flip Lender Jordan Finance

February 14, 2017
Paul Muolo
Mark Filler, who founded Jordan and served as its CEO, was named president of Finance of America Commercial.
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Another New Entrant to the Nonprime MBS Market: Galton

February 14, 2017
Brandon Ivey
Mariner is an investment advisor that manages roughly $13.5 billion in assets...
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Lawmaker Seeks Clarity on CFPB’s Compliance with Trump’s Regulatory ‘Freeze’ Memo

February 14, 2017
Thomas Ressler
The subcommittee chairman notes: “Therefore, I was surprised by your public hesitancy last week to affirm that the president’s regulatory freeze applies to the CFPB…”
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As Rates Rise, MBS Liquidity Improves. The Wild Card: the Fed’s Plan to ‘Lighten’ Its Balance Sheet

February 14, 2017
Paul Muolo
Agency MBS trading volumes peaked back in 2008 – the height of the financial crisis – at $344.9 billion daily.
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Short Takes: Strong Earnings for Arch / More Subprime MBS Deals May Hit the Market / A New Loan Program from Citadel / CFTC Issues No Action Letter

February 14, 2017
Brandon Ivey and Paul Muolo
In the nonconforming market, Citadel Servicing Corp., Irvine, CA, has just rolled out a new 12-month bank statement loan program…
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Are GSE Loan Sellers Finally Easing up on Credit Standards?

February 13, 2017
John Bancroft
In the purchase market, GSE sellers appeared to reach to qualify more borrowers…
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JPMorgan Readies Large Non-Agency MBS Including Many Conforming Jumbo Mortgages

February 13, 2017
Brandon Ivey
Contributors to deal include Quicken Loans and United Shore Financial Services, both top-ranked nonbank originators...
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Latest Imf News

  • Warehouse Lending Commitments Rise in 3Q

  • Judge Orders Trump Administration to Fund CFPB

  • Consumer Advocates Criticize CFPB's ECOA Proposal

  • Fannie Modernizes HomeStyle Mortgage Options

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)

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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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