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New Player in Servicing Sales MorVest Capital Hires National Sales Director

March 14, 2016
Paul Muolo
MorVest has represented only sellers of mortgage servicing rights, but that may change...
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Rising Share Price Effects Nationstar’s Stock Repurchase Program

March 14, 2016
Paul Muolo
When the nonbank first unveiled the stock buy-back program, its shares were trading at $8.61.
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Short Takes: The Moving of a Subservicing Contract / GOS on the Rise in 1Q16 / Don’t Worry About Oil Prices and Mortgage Losses / CFPB Considers Rural Definitions / Altisource Gains Two Large Bank Clients

March 14, 2016
Brandon Ivey and Paul Muolo
Good news for mortgage bankers: gain-on-sale profit margins are on the rise.
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Banks Continue Their Retreat from Non-Mortgage ABS

March 11, 2016
John Bancroft
The supply of outstanding ABS itself fell slightly in the fourth quarter, down 2.3 percent to $704.91 billion...
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The Biggest Problem with Reviving the Non-Agency Market: Lack of Demand

March 11, 2016
Brandon Ivey
Matthew Tomiak, a managing director at Redwood Trust, said investors occasionally request that Redwood issue publicly-registered jumbo MBS.
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WinWater Unit Ready to Hit the Auction Block?

March 11, 2016
Brandon Ivey
Neil Ahuja, CEO of Premium Point, said the firm is keeping its options open.
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Super Clean MSR Offerings From IMA; $3.69 Billion of Product Up for Grabs

March 11, 2016
Paul Muolo
The Freddie portfolio includes loans from all 50 states with California receivables having the largest market share at 18.6 percent.
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What We’re Hearing: Might a PIMCO ‘Fund’ Buy PHH? / Citadel Advisors Slashes Stake in PHH / BofA Dodged a Bullet / Ocwen Has Enough Capital for Now / Finally, a TRID ‘Legal Fix’? / The Next President of MBA Could be a Woman

March 11, 2016
Paul Muolo
Mortgage M&A historians might recall that last decade, before the financial crisis struck, Countrywide Financial Corp. was in serious talks to buy PHH’s mortgage business...
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CFPB Chief Cordray Defends Enforcement Approach

March 10, 2016
Thomas Ressler
“I think that criticism is badly misplaced,” said CFPB Director Richard Cordray during a speech before the Consumer Bankers Association in Phoenix.
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Despite Slump in ‘Conforming-Jumbo’ Market, Big-Ticket Mortgages Fared Well in Late 2015

March 9, 2016
John Bancroft
Refinance activity was heavy in the first half of 2015, and jumbo borrowers typically have more to gain by pulling the refi trigger.
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Latest Imf News

  • Rocket Tops Agency Servicers With Mr. Cooper Acquisition

  • MBA Economist Still Sees Interest Rates Staying Above 6.0%

  • Agency MBS Investors Await Details on GSE Purchases

  • Servicing Valuations Cut Into Banks’ Mortgage Earnings in 4Q

More Imf News

Featured Data

  • Correspondents Gain Market Share in Government Lending

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

  • Agency Refi Market Rises to Three-Year High in 2025

  • Largest Sellers See GSE Deliveries Wane in November

More Featured Data

Featured Reports

  • Agency Channel Analysis: 3Q25 (PDF)

  • Mortgage Profitability Report 3Q25 (PDF)

  • Top Mortgage Players: 3Q25 (PDF)

  • Mortgage Servicing Rights Report: 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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