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Bank Holdings of First Liens Highest Since 2009

September 8, 2015
Brandon Ivey
Jumbo originations have increased sharply since 2008 but only about 5 percent of the loans have been included in jumbo MBS, which means the product is residing in bank portfolios...
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Class-Action Lawsuits Against Ocwen and Altisource Dismissed; ‘Puffery’ Not a Violation of Securities Laws

September 8, 2015
Brandon Ivey
The judge presiding over the case ruled that securities law regulates "disclosure of information, not the mismanagement of a company...”
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Angel Oak Readies $150 Million ‘Nonprime’ MBS

September 8, 2015
Paul Muolo
Is the subprime MBS market ready for a revival, at least a small one?
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Nation’s Second-Largest Wholesaler UWM Continues Hiring Spree

September 8, 2015
Paul Muolo
Company CEO Mat Ishbia noted that the privately held company plans to continue a “strong pace” of hiring at the beginning of 2016.
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The Future of the MI Industry: More of the Same (Unchanged)

September 8, 2015
Paul Muolo
However, insuring private-label MBS is not likely to be a future activity of the MI industry, given the losses suffered in the past...
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Short Takes: Collingwood Hires Freddie Single-Family Chief / New Penn is Just ‘Average,’ Says Moody’s / Fannie’s New Index / Black Knight: Home Equity Up $1 Trillion / Promotions at Fidelity

September 8, 2015
Carisa Chappell, Brandon Ivey, and Paul Muolo
Collingwood's latest hire is Paul Mullins, former senior vice president of single-family lending for Freddie Mac.
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Trouble Ahead? Agency MBS Issuance Tanked in August

September 4, 2015
John Bancroft
Ginnie Mae had the smallest decline of the three agencies as new issuance slid 4.7 percent from July.
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More Changes at Nation’s Largest Originator: Wells Fargo Names DeVito Head of Production

September 4, 2015
Paul Muolo
Besides being in charge of retail and correspondent lending, DeVito will oversee sales, operations, quality control, compliance, underwriting and support services.
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FCC Order May Force Mortgage Servicers to Use ‘Rotary’ Phones. What?

September 4, 2015
Thomas Ressler
If consent is unavailable, the phone call is impermissible, absent the use of technology the mortgage lending industry generally views as obsolete, such as a rotary or push-button telephone.
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Mortgage Hiring Flat, Except for Brokerage Firms

September 4, 2015
Paul Muolo
Lenders such as Sistar Mortgage of Michigan (licensed in 27 states) are still hiring.
Read More
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Latest Imf News

  • Correspondent Channel Loses Share in Agency Market

  • Leading Republican in House Takes Dim View of GSE IPO

  • Freddie Profits Steady in Fourth Quarter, Down for the Year

  • Pennymac to Acquire Cenlar, Sale Price Could Top $200 Million

More Imf News

Featured Data

  • New Nonbank Servicing Giant Emerges in Fourth Quarter

  • January Ushers In New Year With Modest Gain in MBS

  • Mortgage Complaints to CFPB Tick Up in Fourth Quarter

  • Agency MSR Transfers Pick Up in Fourth Quarter of 2025

More Featured Data

Featured Reports

  • Mortgage Servicing Rights Report: 3Q25 (PDF)

  • IMF Mortgage Directory: Full interactive database

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

  • IMF HMDA Dashboard: 2024

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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