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Short Takes: An Increase in Investigations for Nationstar / Succession-Related Hiring / Movement Looking for Sales Personnel / A Solid Profit for Redwood / Greystone Hires MF Executive

August 7, 2017
Paul Muolo
Among residential lenders in a hiring/growth mode is Movement Mortgage...
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Jumbo Originations Up in 2Q17 as Banks Report Strong Demand

August 7, 2017
Brandon Ivey
Lee Smith, an executive vice president and COO at Flagstar, said the bank’s jumbo originations were bolstered by the acquisition of Opes Advisors…
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What We’re Hearing: The Clock is Ticking / Ivanka Trump, the GSEs, Mary Bailey and the Debt Ceiling / How Far will the FHFA Go in Loosening Credit? / Bad Timing on Mortgage M&A Deal / Impac’s Non-QM Plans Revealed

August 4, 2017
Paul Muolo
It was thought that Watt, while speaking at the annual convention of the NAREB, might, might say something about the GSE dividend payments...
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DOJ Cleared to Join Another Constitutional Challenge to the CFPB: Ocwen’s

August 4, 2017
Thomas Ressler
“We look forward to the attorney general’s views on the constitutional issues raised in our motion to dismiss,” an Ocwen spokesman told IMFnews.
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Red Hot Housing: July MBS Total the Largest Monthly Purchase-Mortgage Volume Since Loan-Level Data Became Available

August 4, 2017
John Bancroft
Freddie’s purchase-mortgage business soared 17.1 percent from June to July, while Fannie’s was up 9.0 percent…
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Redwood Trust Ready to Test the MBS Waters with ‘Expanded’ Prime

August 4, 2017
Brandon Ivey
Choice mortgages carry rates that are roughly 100 basis points to 125 basis points higher than rates on Redwood’s super-prime program, known as Select.
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Cherry Hill Inks MSR Flow Deal with RoundPoint Mortgage

August 4, 2017
Paul Muolo
CHMI was launched a few years ago by the privately owned Freedom Mortgage, the nation’s seventh largest originator…
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Senate Appropriators Pass HUD FY 2018 Spending Bill, Adopts House Stance on Controversial Fee for IT Upgrades

August 3, 2017
The Senate Committee on Appropriations last week unanimously approved legislation setting aside $40.2 billion in discretionary funding for the Department of Housing and Urban Development for fiscal 2018. The Senate HUD appropriations bill passed by a vote of 31-0 and, like the House version, did not include authority for HUD to charge a fee to cover FHA’s administrative costs and systems upgrades as proposed in the Trump administration’s budget request. Rather, both bills set aside $130 million for administrative expenses with the House adding another $5 million for technological improvements. In addition, the committee recommended...
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Short Takes: By September 30, the FHFA will Change the GSE Dividend Payment? / Not All Are in Favor / Profits and Volatility / A Loss for Nationstar but Stock Jumps a Bit / Flagstar Taps Fannie Mae Exec for Top Mortgage Post

August 3, 2017
Paul Muolo and Carisa Chappell
September 30 isn't far away...
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And the Beat Goes On: Nonbanks Keep Stealing MSR Market Share from Depositories

August 3, 2017
John Bancroft
Mortgage REIT New Residential posted a stunning 40.1 percent sequential growth rate in its MSR portfolio, according to Inside Mortgage Finance.
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Latest Imf News

  • First-Lien Originations Decline by 16% in Third Quarter

  • Income Spikes at Rocket in Third Quarter, Helped by Servicing

  • Redwood Issuing Private Non-Agency MBS, No AAA Ratings

  • Pennymac Sees Loss on Production in 3Q; Servicing Profits

More Imf News

Featured Data

  • Seller Repurchases of GSE Loans Bounce Up in 2Q

  • Retail Share Rising in Conventional-Conforming

  • Refi Activity Plummets, Dragging Down Agency MBS in 3Q

  • ARM Production Rebounds

More Featured Data

Featured Reports

  • Mortgage Servicing Rights Report: 2Q26 (PDF)

  • Lender Profiles 2Q26: Top 25 (PDF)

  • Agency Seller-Issuer Profile: 2Q26 (PDF)

  • Top Mortgage Players: 2Q26 (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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