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Surprise: First-Time Homebuyers Finally Gain Market Share Despite Limited Inventory

May 20, 2016
Brandon Ivey
First-time buyers tend to target homes with lower prices, which have been in particularly short supply recently.
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What We’re Hearing: Let the TRID-Compliance Games Begin! / The Central Nervous System = CMS / And Don’t Forget a Parking Space for the CFPB! / JPM Now the Jumbo King / A New MSR Deal From IMA / Where Would the GSEs Be Without Their Legal Recoveries?

May 20, 2016
Paul Muolo
Helpful CFPB mortgage audit tip: Set aside a parking space for the visiting CFPB examiner(s) that says, “Welcome, CFPB…”
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Purchase-Mortgages Fell Almost 13 Percent in 1Q16…

May 19, 2016
John Bancroft
Production of loans with FHA, VA and rural housing guaranties held up a little better than the other sectors, with estimated originations slipping 1.0 percent from the fourth quarter.
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Servicing Auctions Gather Steam, But Concerns Remain About MSR ‘Marks’

May 19, 2016
Paul Muolo
MorVest's David Fleig predicted that nonbanks – which have been gaining market share the past two years – eventually will move to convert some of their MSR assets into cash via bulk sales.
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Cerberus Unit Plans Non-Agency MBS Backed by Seasoned Loans with Compliance Issues, ‘D’ Grades

May 19, 2016
Brandon Ivey
DBRS cautioned that the representations and warranties on the deal are relatively weak and include a sunset provision after 13 months.
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GSEs Clarify Their Views on Servicing Compensation

May 19, 2016
John Bancroft
Is it time to take another look at GSE servicing fees? A topic is reborn...
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13th Largest Originator Caliber in an Acquisition Mode? Agrees to Buy First Priority

May 19, 2016
Paul Muolo
Will Caliber buy other companies as well?
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Short Takes: Guild the Latest Lender to Get Smacked Under the False Claims Act / Major Changes Coming to the Reverse Market? / Impac Executives May be in for a Stock Treat / UI Names CoreLogic Veteran Co-Director

May 19, 2016
George Brooks, Brandon Ivey, and Paul Muolo
Another week, and another lender sued by DOJ...
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Call Center Origination Platforms are Coveted – But Are They Worth It? The Biggest Risk: Rising Rates

May 19, 2016
Mortgage call-center platforms are in high demand these days, according to industry advisors, but there’s one key caveat for potential buyers: rising interest rates. “Who’s looking at buying call centers?” asked Paul Hindman, business development chief for Grid Financial Services. “Just about everyone.” It would appear...
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The Final Tally: MSR ‘Marks’ Hammered 1Q16 Results of Nonbank Mortgage Firms

May 18, 2016
John Bancroft
How disruptive were MSR ‘marks’? The nine nonbank lenders tracked by Inside Mortgage Trends reported a combined $510.0 million loss in the first quarter…
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Latest Imf News

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  • Residential Transition Loan Activity Could Slow in 2026

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Featured Data

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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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