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More on the New GSE Scorecard: No Huge Changes in Marching Orders for 2017, But...

December 15, 2016
John Bancroft
Some good news: the FHFA did not mention servicing compensation in the new "Scorecard."
Read More

PennyMac Founder Kurland Gives Up CEO Position, Stays on as Executive Chairman

December 14, 2016
Brandon Ivey
Spector will report to Kurland, who founded the PennyMac family of companies in 2008, two years after being forced out of Countrywide Financial Corp.
Read More

An Odd November: Fannie Mae MBS Issuance Falls, Freddie Mac’s Increases

December 14, 2016
John Bancroft
Chase, which often has wide swings in its monthly GSE activity, increased its Freddie issuance by 46.1 percent from October to November, while reducing its Fannie activity by 2.5 percent.
Read More

When the Going Gets Tough, Some Lenders Start Cutting Fees

December 14, 2016
Paul Muolo
“Roughly 30 to 40 percent of our customers are eligible to waive escrows,” said UWM CEO Mat Ishbia.
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Mortgage Applications Drop 4.0 Percent, but Refi Share Rises

December 14, 2016
Paul Muolo
Some industry executives believe the recent spike in interest rates could prove temporary.
Read More

Investors Still Worried About TRID 2.0, Including PIMCO

December 14, 2016
Thomas Ressler
PIMCO believes the CFPB should expand the available post-consummation cures under the rules to cover good-faith errors made on the loan estimate form…
Read More

Short Takes: More FHA Commissioner Candidates? / Others… / GSE ‘Chattel’ Lending, A Work in Progress / Mortgage Complaints Drop / Closing Corp. Hires Former Black Knight Official

December 14, 2016
Carisa Chappell and Paul Muolo
At least four names have surfaced for the FHA job in the Trump administration...
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PHH Readies Response to CFPB Appeals Court Directive

December 13, 2016
Thomas Ressler
PHH, the nation’s eighth largest originator, has offered no guidance on when it might file, except to say, “We will file no later than that date [Dec. 22].”
Read More

Details Emerge on New SoFi Jumbo MBS: A $169 Million Deal

December 13, 2016
Brandon Ivey
No 2016 volume figures were available on SoFi, though last year the privately held nonbank funded $372.2 million, according to one presale report.
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Loan Officer Compensation: 45 Percent of Firms Pay 76 to 150 BP

December 13, 2016
Paul Muolo
However, some nonbank executives feel that with originations expected to decline in 2017, it may time to cut back on compensation paid to LOs.
Read More
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Latest Imf News

  • Non-Agency MBS Issuance Hits Post-Crisis High in 1Q

  • ECOA Final Rule From CFPB Unchanged Following Proposal

  • AGNC Takes Loss in First Quarter With Agency MBS Volatility

  • NTEU Opposes Rushed Review of CFPB Layoff Plan

More Imf News

Featured Data

  • GSE Deliveries Weaken in First Quarter of 2026

  • GSE Lenders Stretch Credit Envelope in First Quarter

  • Bank Sales of Mortgages Rise to 2022 Level at End of 2025

  • Structured Finance Market Keeps Momentum Going

More Featured Data

Featured Reports

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

  • Mortgage Profitability Report 4Q25 (PDF)

  • Agency Channel Analysis: 4Q25 (PDF)

  • Mortgage Servicing Rights Report: 4Q25 (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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