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California Has a Huge Gain in GSE Business: Up Almost 70 Percent

May 27, 2015
John Bancroft
Texas and Florida, the second- and third-largest sources of GSE business, both saw solid gains from a year ago...
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Black Knight Nets Nearly $480 Million on IPO, Plans to Expand in Mortgage Services

May 27, 2015
Brandon Ivey
Black Knight plans to expand its offerings to existing clients, gain new clients, introduce new products and selectively acquire smaller vendors...
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Lone Star Funds Winning Bidder on Freddie Mac NPL Deal

May 27, 2015
Carisa Chappell
Although Freddie Mac did not disclose the exact purchase price, it said the cover bid was in "the mid 70s of UPB..."
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MountainView Selling Ginnie Mae MSR Package

May 27, 2015
Paul Muolo
According to the offering circular, the receivables are geographically dispersed with Texas accounting for the largest share at 7.2 percent.
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Short Takes: Who’s Blackstone Talking to Now? / Carrington Offering Low FICO Score Loan Thru Brokers / The Return of American Home’s Michael Strauss? / HUD IG Cites NTFN

May 27, 2015
George Brooks and Paul Muolo
We understand that American Home Mortgage founder and chief executive Michael Strauss may be launching a new nonprime lender...
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What Happens to the Mortgage Market When the Fed Pulls out of MBS?

May 26, 2015
John Bancroft
A big part of the MBS liquidity issue is caused by the Fed’s massive holdings, said Steve Abrahams, a managing director at Deutsche Bank.
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Bank Call Reports: Depositories Had Solid Increase in Mortgage Profits for 1Q15

May 26, 2015
John Bancroft
Although only 13 banks reported net losses on mortgage banking during 1Q – compared to 756 institutions with net profits – several of the top players earned less than they did in the fourth quarter.
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In Demand: LOs, Processors and Yes Mortgage CEOs

May 26, 2015
Paul Muolo
Another concern that has come up regarding employment is the graying of the mortgage executive suites.
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Associated Bank Signs $200 Million ‘Conciliation’ Agreement with HUD Over Lending to Minorities

May 26, 2015
Paul Muolo
Although Associated denies that any such lending discrimination took place, it agreed to commit almost $200 million in new loans to “targeted” areas...
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CFPB Confirms Final HMDA Rule Out Later This Summer

May 26, 2015
Thomas Ressler
Elsewhere, the CFPB continues to be steadfast on the August 1, 2015, effective date for its TILA/RESPA integrated disclosure rule...
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Latest Imf News

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Featured Data

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Featured Reports

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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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