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Thanks to UGC Purchase, Arch MI Boosts Gross MI Premiums by 214 Percent

April 26, 2017
Paul Muolo
Arch reported primary mortgage insurance in force of $237.8 billion at March 31…
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Meanwhile, in the PHH Case, DOJ Gets 10 Minutes

April 26, 2017
Thomas Ressler
The DOJ, as anticipated, switched sides in this dispute after President Trump took office.
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Short Takes: More GSE Reform Plans / Fannie-Freddie Speculators May Make Out After All / Ocwen Gets a Break / Hey Ben, Call Your Friends in the White House and Tell Them … / This HUD Job About to be Filled?

April 26, 2017
Paul Muolo
Is the White House pondering HUD-related nominations?
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ICBA Calls for Delay of Single Security Until GSEs are Recapitalized and Released from Conservatorship

April 25, 2017
Brandon Ivey
The ICBA believes the GSE risk-sharing securities are illiquid and would likely “dry up” in times of market stress.
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Flagstar’s 1Q17 Results: Originations and Earnings Both Fall; MSR Sales Will Continue

April 25, 2017
Paul Muolo
Flagstar sold $8.0 billion of residential servicing rights during the first quarter compared to $6.7 billion in the fourth quarter.
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Nonbanks Keep Building Market Share in GSE Servicing Rights

April 25, 2017
John Bancroft
Nonbank mortgage firms increased their servicing portfolios by 3.0 percent during 1Q17, more than double the 1.3 percent increase in total Fannie/Freddie servicing during that period.
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CFPB Proposes Clarifications to HMDA Rule; What Exactly is an ‘AU’ System?

April 25, 2017
Thomas Ressler
Such loan terms as “temporary financing” and “automated underwriting system” would be clarified…
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The Wild Card for Ocwen: Getting (Some of) Its Servicing Yanked

April 25, 2017
Paul Muolo
Fitch notes that New Residential Investment Corp., a publicly traded REIT, owns $118.7 billion in servicing rights that are being subserviced by Ocwen.
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Short Takes: Fannie Mae’s Goal: to Help Those with Student Loans / As Long as Someone Else Pays / Fannie is NOT Entering the Student Loan Business / The Key: Cutting G-Fees / Quicken Hires Fiat’s Ad Guy

April 25, 2017
Paul Muolo
A Fannie spokesman stressed that this effort in no way represents the GSE getting into the student loan business…
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Ocwen Files to Block Sanctions in Illinois and Massachusetts; Plans to Fight All the Other States as Well

April 25, 2017
Paul Muolo
The company adds: “Under these circumstances, Ocwen has a responsibility to its customers, shareholders, and employees to vigorously defend the company.”
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Latest Imf News

  • Conforming Jumbo Business at GSEs Down in First Quarter

  • NY Considers Extending CRA Requirements to Insurance Industry

  • Volume Up Sharply at US Bank in 1Q, Revenue Down

  • Foreclosure Activity Up 26% on Annual Basis in First Quarter

More Imf News

Featured Data

  • Structured Finance Market Keeps Momentum Going

  • Purchase-Mortgage Volume Plods Along in Agency Market

  • Warehouse Lending Elevated Ahead of March Disruption

  • ARM Production Bounces Back in Fourth Quarter

More Featured Data

Featured Reports

  • Mortgage Profitability Report 4Q25 (PDF)

  • Agency Channel Analysis: 4Q25 (PDF)

  • GSE Repurchase Activity: Cumulative Through Fourth Quarter 2025 (PDF Format)

  • 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?

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