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Government Lending Bucked the Third Quarter Downturn Trend

November 19, 2015
John Bancroft
An estimated 32.5 percent freefall in refi originations during 3Q had a much bigger impact on the conventional market than on government-insured lending.
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Implementation of TRID Requirements Doesn’t Appear to Have Had a Significant Impact on Closing Times

November 19, 2015
Brandon Ivey
Some realtors who have closed sales subject to TRID said the process went smoothly while others reported extended potential closing timelines...
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House Votes to Extend QM Safe Harbor; Veto Anticipated

November 19, 2015
Thomas Ressler
Given the president’s intention to defend the Dodd-Frank Act for the remainder of his term, an industry-wide QM safe harbor for portfolio mortgages is “a heavy lift,” said former FHA chief Dave Stevens.
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New Bulk MSR Offerings from MIAC and Phoenix Capital

November 19, 2015
Paul Muolo
Interest rates are rising and that means more MSR packages are likely to hit the market.
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Short Takes: Industry to Fed: Raise Rates Already / Want to Increase Housing Affordability? Convince Sellers to Cut Their Asking Prices / UG Rolls Out Expanded Guidelines for Doctors and Lawyers / CHMI Closes on MSR Purchase / Landes to Head Sales at Ston

November 19, 2015
Paul Muolo
Quite a few executives believe the central bank should move forward with a “one and done” strategy and be done with it...
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Moody’s Assigns Provisional Ratings to Nationstar Nonperforming HECM MBS

November 19, 2015
George Brooks
The HECMs backing the bond are either in default, due and payable, in foreclosure or REO...
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OCC to Begin Examining for TRID Compliance

November 18, 2015
Thomas Ressler
The OCC’s language was not as strong as earlier reassurances from the CFPB that it would not be taking a “gotcha” or punitive approach when it commences with TRID examinations…
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Selene Finance Hires Clayton Executive Tom Donatacci

November 18, 2015
Paul Muolo
Donatacci helped steer Clayton from survival mode during the financial crisis to solid profitability before the due diligence vendor was sold to Radian Group for $305 million in 2014.
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Ocwen Looks Beyond Acquisitions of MSR Assets

November 18, 2015
Brandon Ivey
In order to grow its servicing portfolio through acquisitions, Ocwen has to satisfy conditions set in detailed consent orders...
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Fitch Downgrades Residential Credit Solutions’ Servicer Ratings, Citing Regulatory Issues

November 18, 2015
Brandon Ivey
A few months back, rumors began circulating that ACMI was contemplating taking bids on its servicing business.
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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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