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A Break for MSAs? In PHH Filing, CFPB Does Not Assert That All Arrangements are Inherently Unlawful

November 12, 2015
Thomas Ressler
“I didn’t see any bold, new assertions in here,” said one legal source. “I think the CFPB has its theory and they’re sticking to it…”
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Another Milestone for Private MIs: 3Q Highest Business Volume Since the Bust

November 12, 2015
John Bancroft
The third-quarter figure was the largest new insurance written total for the industry since 1Q 2008, when private MIs booked $72.17 billion of new coverage.
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A Stonegate Mortgage Disclosure: 47 Branches in the Process of Being Closed

November 12, 2015
Paul Muolo
It's unclear how the Indianapolis-based Stonegate will compensate for the anticipated loss in originations once it closes the 47 branches.
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CoreLogic: Foreclosure Inventory Down to 470,000 Homes and Sinking Fast

November 12, 2015
Paul Muolo
Over the past 12 months, Florida had the highest number of completed foreclosures at 91,000.
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In IPO Documents, Nation’s No. 11 Ranked Lender loanDepot Values Itself at $621 Million

November 12, 2015
Paul Muolo
The last nonbank mortgage lender to go public was Stonegate Mortgage, which brought its IPO to market two years ago.
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Short Takes: And the Lenders One President Is… / Mortgage Ads on the Front Page of The Washington Post / Atlantic City’s Foreclosure Crisis / First American Reports Order Increase / CoreLogic Expands Multifamily Effort

November 12, 2015
Paul Muolo
Although the home foreclosure inventory is falling compared to a year ago, some metropolitan areas are seeing an increase in new filings, including Atlantic City.
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loanDepot Delays IPO, Citing Market Conditions; Sources Question Valuation

November 12, 2015
Paul Muolo
On Thursday, Inside Mortgage Finance quoted one source as saying loanDepot’s valuation is “a bit aggressive.”
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The CFPB is the Real RESPA Threat, Attorney Charges

November 11, 2015
Thomas Ressler
Mortgage lenders now have to be careful about how they draft an MSA, even if the industry’s preexisting forms are mostly similar from one law firm to another.
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Fannie and Freddie: A Tale of Two Different G-Fees

November 11, 2015
John Bancroft
Fannie and Freddie passed through of $661 million of g-fee money in the third quarter, up 4.6 percent from 2Q...
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No Flurry of ‘Bulk’ Servicing Deals This Time Around?

November 11, 2015
Paul Muolo
Meanwhile, mortgage servicing values have firmed up the past month, thanks to the recent rise in interest rates...
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Latest Imf News

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  • ARMs From Nonbanks Head Into MBS From Redwood

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Featured Data

  • Bank Servicing Declines in 4Q, MSR Fair Values Up

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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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