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Incenter Mortgage Advisors Completes Trade of $8.87B Ginnie MSR Package

September 6, 2016
Paul Muolo
IMA’s Piercy noted that deals can get done – as long as the seller is realistic about pricing.
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Investors Unite Chief Loses Argument to Inspect Freddie Mac’s Records

September 6, 2016
Carisa Chappell
IU’s Tim Pagliara owns roughly 346,000 shares of Freddie’s junior preferred stock, according to court documents.
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Short Takes: More Origination Records for Lenders? / An MSR Offering From Phoenix / A Broker Comp Problem? / Ellie Share Price Remains Sweet / A New Hire for StoneHill

September 6, 2016
Paul Muolo
Mortgage software vendor Ellie Mae has a current market capitalization rate of $3.31 billion...
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Bank MSR Holdings Fall Below $4 Trillion. Is $3 Trillion Next?

September 6, 2016
John Bancroft
Only two of the top 10 banks as ranked by “servicing for others” have been in growth mode: PNC Bank and SunTrust.
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Going, Going but Not Quite Gone: GSE Buyback Demands

September 2, 2016
John Bancroft
The GSE buyback total was down 20.6 percent from the first quarter…
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New CFPB Rule on Servicing May Actually be Good in Some Ways

September 2, 2016
Brandon Ivey
Although the new requirements could prompt an increase in costs, analysts said a new requirement aimed at increasing the number of times troubled borrowers are evaluated for loss mitigation will be particularly helpful in certain states…
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HUD Offers $1.7 Billion of NPLs; Auction Marks First ‘Set-Aside’ for Non-Profit Bidders

September 2, 2016
Brandon Ivey
HUD has been criticized by consumer advocates who feel the agency's NPL auctions have unfairly benefitted private equity firms and hedge funds at the expense of troubled borrowers.
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Can PHH Be Sold Before More Problems Surface?

September 2, 2016
Paul Muolo
In a recent SEC filing, PHH disclosed that the bloom is now off the rose when it comes to being a private-label vendor…
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What We’re Hearing: MBA’s Dave Stevens Said What? / But First, an Explanation / The MID Costs but it Also Creates Jobs. Sort That One Out / Militant Backers of the Tax Deduction

September 2, 2016
Paul Muolo
Proponents of the mortgage interest tax deduction point out that the real estate and mortgage industries employ thousands upon thousands of workers with spillover to other sectors...
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A Major Headache in Progress: A Shortage of Appraisers

September 1, 2016
Brandon Ivey
Appraisals are running 15-20 days out due to the busy market, said a real estate agent in Michigan…
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Latest Imf News

  • Supreme Court Looks Poised to Keep Cook in Place at Fed

  • HUD Secretary Provides Few Specific Plans at Hearing

  • Trade Groups Offer Affordability Solutions to Trump

  • Ally Financial to Sell $400 Million of Mortgage Assets

More Imf News

Featured Data

  • RMBS Issuance Ends Banner Year With Modest Decline

  • A New King is Crowned in Agency Mortgage Servicing

  • Correspondents Gain Market Share in Government Lending

  • Solid 4Q Carries 2025 MBS/ABS to $2 Trillion

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  • 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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