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Short Takes: Yet Another Mortgage M&A Deal / Classic Strategies Advisor to Freedom Mortgage / More NPL Sales From Freddie / Ocwen Shines, Well Sort of / Trouble at Genworth but Not the MI Business

November 6, 2014
Paul Muolo
The Bankers Bank is owned by 100 independent banks. Charbonneau & Associates represented TBB…
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PHH Loses Money on Mortgage Business in 3Q14, Lower Gain-on-Sale Blamed

November 5, 2014
Paul Muolo
PHH's servicing portfolio continues to shrink thanks to MSR sales and payoffs.
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Rural Housing Guarantee Volume Expected to End 2014 on a Low Note

November 5, 2014
George Brooks
Securitization of rural development home loans during the first nine months was $14.19 billion, with the top three issuers accounting for 58 percent.
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Two Harbors Launches Nonprime Product and High LTV Jumbo Loan

November 5, 2014
Brandon Ivey
Two Harbors has plenty of capacity to hold non-agency loans in portfolio without reliance on outside financing.
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GSE Reform in 2015? There May be No Warner of Corker-Warner; MI Outlook?

November 5, 2014
Paul Muolo and Charles Wisniowski
The mortgage insurance industry lost a key political ally with the reelection defeat of first-term Democratic incumbent Sen. Kay Hagan of North Carolina.
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JPM to Issue a Jumbo MBS Backed By 7-Year ARMs, Many with IO Features

November 5, 2014
Brandon Ivey
Some 60.7 percent of the mortgages in the deal have interest-only features.
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Short Takes: Hey Mel, Where’s the Formal Proposal on Looser GSE Credit? / Two Large MSR Auctions? / Warehouse Outlook Subdued / Risks and Rewards of Mortgage REITs / HUD’s Disparate Impact Rule Toast?

November 5, 2014
Paul Muolo
Whatever might be in the works at the FHFA regarding looser credit won’t be out until mid-December, we’re told…
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FHFA Taps Former GMAC Executive to Lead Common Securitization Solutions

November 4, 2014
Charles Wisniowski
The FHFA has decided not to have a chairman for Common Securitization Solutions. Instead, the unit will be governed by a four-person "board of managers."
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A Loosening of GSE Credit? Not in the Third Quarter of 2014

November 4, 2014
John Bancroft
The biggest chunk of GSE business comes from mortgages with high credit scores and LTV ratios below 80 percent.
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Plenty of Lenders are Hiring Loan Officers, Mostly Nonbanks

November 4, 2014
Paul Muolo
Hiring top performers can cost a company in terms of salary and bonus pay, but many believe such hires are worth it because such LOs bring in a ton of volume.
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Latest Imf News

  • Warehouse Lending Commitments Rise in 3Q

  • Judge Orders Trump Administration to Fund CFPB

  • Consumer Advocates Criticize CFPB's ECOA Proposal

  • Fannie Modernizes HomeStyle Mortgage Options

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Featured Data

  • Largest Sellers See GSE Deliveries Wane in November

  • Third-Party Lenders Boost Market Share in Third Quarter

  • Bank Mortgage Repurchases Decline in Third Quarter

  • Mortgage REITs Up Agency MBS, Shed Non-Agency

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Featured Reports

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  • Mortgage Profitability Report 3Q25 (PDF)

  • Lender Profiles 3Q25: Top 25 (PDF subscription)

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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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