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Short Takes: Maybe the ‘Brexit’ Rate Fall-Out Won’t Be So Bad for Servicers / 66% of Borrowers Eligible to Refi? / FHFA Tells Wrongdoers: Inflation Happens / Two M&A Deals Close / Zillow: FTHBs May Want to Wait

July 1, 2016
Macie Jones and Paul Muolo
A new report from Deutsche Bank estimates that a 3.5 percent rate on mortgages “puts roughly two-thirds of borrowers in the money to refinance…"
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A Historic Shift? Nonbanks Closing in on 50% Share of New Originations

June 30, 2016
John Bancroft
Thanks to the megabanks turning “Chicken Little” on mortgages, the nonbanks have gained market share…
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CFPB’s First Use of ‘Mystery Shopping’ Results in $10.6 Million Fine

June 30, 2016
Thomas Ressler
BancorpSouth said it reserved $13.8 million during the first quarter of 2016 to resolve matters associated with the settlement, and noted that any additional financial impact is expected to be immaterial.
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The Dark Side of ‘Brexit’: Servicers Could Get Hammered by MSR Markdowns

June 30, 2016
Paul Muolo
It could be an earnings bloodbath when servicing markdowns are factored in…
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Freddie to Sell Modified Payment-Option ARMs in New ‘Structured Sale’ Pilot

June 30, 2016
Brandon Ivey
The payment-option ARMs at the center of this pilot program currently are out for bid.
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Mortgage Company M&A Heats Up – In the Multifamily Sector; REIT Sells GSE MF Lender

June 30, 2016
Paul Muolo
Ares said it will use the cash from the sale of its mortgage banking subsidiary to its “principal lending portfolio.”
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Short Takes: MI Sector Begins to Bounce / A GSE Price Cut, Not an FHA One? / Another Ginnie Mae Summit? / Arch Issues Report on Housing Price Risk / Phoenix Out with New Flow MSR Deals

June 30, 2016
Paul Muolo
MI firms are seeing an improvement in their stock prices of late...
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Fear and Loathing in the Ginnie Mae MSR Market; The ‘MIP’ Factor?

June 29, 2016
Paul Muolo
There’s a growing concern about price discounts on Ginnie servicing rights, and a strong belief that the agency is once again getting anxious about so many nonbanks being such large players in the market.
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FHFA Examiners Worry About Inability of GSEs to Build Capital; Risk-Transfer Costs a Concern Too

June 29, 2016
Carisa Chappell
FHFA examiners suggest that eventually Fannie and Freddie could have a negative net worth position once the capital buffer falls to zero…
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Mortgage Complaints Held Steady in Third Place in May

June 29, 2016
Thomas Ressler
Ocwen experienced the greatest percentage decrease in average monthly complaint volume from the first quarter of 2015 to 1Q16. Then again, Ocwen's servicing portfolio has been shrinking.
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Latest Imf News

  • M&A Reshuffles Top GSE Sellers Ranking

  • Refinance Incentives Surged in January

  • Lenders Buying Up Trigger Leads Ahead of Ban

  • Mortgage Fraud Risk Grew Slightly in 4Q

More Imf News

Featured Data

  • Mortgage Complaints to CFPB Tick Up in Fourth Quarter

  • Agency MSR Transfers Pick Up in Fourth Quarter of 2025

  • Record Year for CLO, But Issuance Slowed in 4Q25

  • Originations Increase in Fourth Quarter With Refi Push

More Featured Data

Featured Reports

  • IMF Mortgage Directory: Full interactive database

  • Agency Seller-Issuer Profile: 3Q25 (PDF)

  • IMF HMDA Dashboard: 2024

  • Top Mortgage Players: 3Q25 (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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