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Bank Holdings of Non-Agency MBS Take a Tumble

February 1, 2016
Brandon Ivey
While most players holding non-agency MBS have seen their investments decline, two types of investors actually increased their holdings...
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Slow Growth for Ginnie Mae Servicing in 2015, Lower Delinquencies

February 1, 2016
John Bancroft
However, the VA market grew more than the FHA market last year, up 13.5 percent from the end of 2014…
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Consumers Complaining a Lot Less About Mortgages. What’s Up With That?

February 1, 2016
Thomas Ressler
Kvetching about mortgage servicing was down sharply too, off 23.1 percent compared with the third quarter.
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Cenlar Ordered to Pay Borrower More than $200,000 for Causing ‘Emotional Distress’ after ‘Outrageous Conduct’

February 1, 2016
Brandon Ivey
The subservicer started charging the borrower various attorney fees after completing the modification and didn’t respond to the mortgagor’s questions about those fees in a timely matter...
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FBR Drops Coverage of PHH, Fannie and Freddie Too; No Earnings Date for PHH Yet

February 1, 2016
Paul Muolo
In the announcement on dropping coverage, FBR quoted PHH management as saying “organic growth is hard to come by, strategic initiatives are taking longer to achieve, and prepayment speeds on the company’s MSR are still elevated…”
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Wells Fargo Files 13G on Ocwen Ownership, but It’s Not What You Think

February 1, 2016
Paul Muolo
Although Wells does not own the shares per se, it shows that some of the bank’s wealthier clients are speculating in Ocwen’s stock.
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Short Takes: Equifax Includes FHA in its ‘Subprime’ Numbers / When is Subprime Not FHA? / It Appears PHH is Trading at a Discount / A Jumbo Loan for the Playboy Mansion? / President Trump Might Free the GSEs

February 1, 2016
Paul Muolo and Brandon Ivey
Super-jumbo lenders take note: Hugh Hefner’s Playboy mansion is now officially for sale.
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A Secondary Market Develops for ‘Scratch & Dent’ TRID Loans; Mid-America, Others are Buying

February 1, 2016
Paul Muolo
One company that confirmed its interest in scratch-and-dent TRID loans is Mid America Mortgage.
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Income-Property MBS Hit Post-Crash High in 2015; GSE, Ginnie Mae Multifamily Shine

January 29, 2016
John Bancroft
All three agencies posted big increases in multifamily MBS issuance last year, with Freddie (up 65.4 percent) and Fannie (up 36.4 percent) leading the way…
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Residential Credit Solutions Sold to Walter Through an Asset Transfer

January 29, 2016
Paul Muolo
The REIT had hoped to buy an originator too, but the transaction fell apart...
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Latest Imf News

  • MGIC Tops Private MI Providers in Second Quarter

  • Mortgage Delinquencies Let Up in 2Q, Still Above 2025 Levels

  • Garg Seeks to Regain CEO Role at Better, Citing Shareholder Support

  • GSEs Formally End Green MBS Programs

More Imf News

Featured Data

  • FHA Loss-Mitigation Removals Spike in 2Q

  • Prime Non-Agency MBS Issuance Drops in 2Q

  • Agency MBS Issuance Sags in July as Refi Market Fades

  • Rocket, Chase Give Up Some Servicing Share in 2Q

More Featured Data

Featured Reports

  • 2026 Mortgage Market Statistical Annual (PDF)

  • IMF HMDA Dashboard: 2025

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Mortgage Servicing Rights Report: 1Q26 (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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