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HUD Mortgagee Review Board Suspends PA Lender Seckel Capital

July 11, 2017
Paul Muolo
As IMFnews went to press, Seckel was said to be in a meeting and could not be reached for comment.
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CFPB Issues Final Rule to Ban Mandatory Arbitration in Consumer Financial Contracts

July 11, 2017
Thomas Ressler
However, Congress has already prohibited arbitration agreements in the largest market the agency oversees: residential mortgages.
Read More

Short Takes: It’s Alive Again (Well, Sort Of) / Sindeo’s Roots / The Mortgage Tech Race / Happy Anniversary Fannie and Freddie (Soon) / New Hires for mREIT Giant Annaly

July 11, 2017
Paul Muolo
There's a race on to see who will be the first to deliver a best-in-class lending automation product that the consumer trusts, said consultant Paul Hindman...
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Mortgage REIT Annaly Agrees to Sell MSR Unit Pingora to Bayview. No Servicing Rights Change Hands

July 11, 2017
Paul Muolo
In the SEC filing, Annaly reveals that it owns servicing assets through an “ongoing joint venture with a leading sovereign wealth fund.” The SWF was not identified…
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Latest Non-QM MBS from Angel Oak Sees Strongest Pricing Yet

July 11, 2017
Brandon Ivey
Since 2015 Angel Oak has issued four MBS totaling $639.92 million…
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More GSE Cases Filed Arguing that the FHFA’s Structure is Unconstitutional

July 11, 2017
Carisa Chappell
FHFA’s status as an independent agency headed by a single director makes it different from almost every other independent agency…
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Will Rep. Hensarling Deal on GSE Reform?

July 11, 2017
Paul Muolo
The big question: Will the Chairman of the House Financial Services Committee support an explicit government guarantee on conventional MBS?
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VRM Wins 10-Year Contract to Oversee REO, Service VA Loans

July 10, 2017
George Brooks
The deal was negotiated from a previous five-year contract that was awarded to VRM…
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Short Takes: More Regulations to Think About / $5 Trillion in ‘Tappable’ Equity / Don’t Forget to Audit Your Closing Agents / PennyMac Renegotiates Repo Deal / A New Hire for Mortgage Network

July 10, 2017
Paul Muolo
Time to audit your closing agents?
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Appeals Court: Mortgage Underwriters are Eligible for Overtime Pay. But a Split Appears

July 10, 2017
Brandon Ivey
Overtime pay for underwriters will remain a focus of litigation because courts are split on the issue, according to the Mortgage Bankers Association.
Read More
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Latest Imf News

  • Housing Executive Order Less Expansive Than Hoped For

  • GSE Primary MI Volume Up in 3Q, FHA Slips

  • Profits Skyrocket at Rithm’s Mortgage Unit in 3Q, Helped by Servicing

  • UWM Selling Large Chunk of Servicing During Fourth Quarter

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

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

  • Top Mortgage Players: 2Q26 (PDF)

  • Lender Profiles 2Q26: Top 25 (PDF)

  • Agency Channel Analysis: 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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