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The Flagstar Settlement: the CFPB Effectively Halts Servicing Sales

September 30, 2014
Paul Muolo
To some, the MSR transfer prohibition slapped on Flagstar is similar to the one New York regulators placed on Ocwen Financial regarding the Wells Fargo deal.
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WinWater Set to Issue Its Second Jumbo MBS; LTV Ratios Creeping Up

September 30, 2014
Brandon Ivey
The merger-hungry RPM Mortgage of California is the top contributor to the jumbo MBS with a 14.3 percent share.
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Higher-Priced Mortgage Lending on the Rise?

September 30, 2014
Brandon Ivey
While higher-priced lending is on the rise, pricing on these originations isn’t nearly as high as it was in the subprime boom.
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Fitch: Borrowers at Risk When Mortgage Servicing is Off-Shored

September 30, 2014
Paul Muolo
Fitch does not single out any servicers by name, but it’s common knowledge that both Ocwen Financial and Nationstar Mortgage have thousands of servicing-related workers housed in India...
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Short Takes: MBA Involved With Nonbank ‘Working Group’ Too / An NPL ‘Brain Drain’ at Lone Star Funds / A $57 Million Problem for the FHLBs of Des Moines and Seattle / FHFA to IG: We Don’t Think So

September 30, 2014
Paul Muolo and Charles Wisniowski
One active NPL bidder has been Lone Star Funds, but sources tell IMFnews the hedge fund has been having a “brain drain” of sorts when it comes to talent.
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Ginnie Mae Tops Among Agencies in Financing Minorities

September 29, 2014
John Bancroft
Fannie, Freddie and Ginnie All saw most of their business come from borrowers earning less than $150,000 per year.
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Wells Fargo MSRs Targeted by Ocwen Starting to Run Off

September 29, 2014
Paul Muolo
The Wells-Ocwen MSR deal is still waiting for Lawsky's green light. But when that will come is another matter...
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Jumbo MBS with Originations Sourced by Five Oaks in the Works

September 29, 2014
Brandon Ivey
Five Oaks plans to buy some of the subordinate tranches of the new jumbo MBS.
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Mortgage Unit of Home Builder Ready to Enter Non-QM Market

September 29, 2014
Paul Muolo
Pulte Mortgage will install a “modest price” adjustment on its non-QM loans.
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An MBS Program on Fire: Ginnie Mae

September 29, 2014
George Brooks
The Ginnie II program now accounts for up about 98 percent of new agency issuance.
Read More
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Latest Imf News

  • Servicing Share for Rocket, Chase Down in Second Quarter

  • Income Declines at Rocket After Slow Spring Homebuying Season

  • MBS Investors Call for Changes With GSEs’ Credit Score Framework

  • Weak Jobs Report Could Delay Rate Hike by Fed

More Imf News

Featured Data

  • MSR Transfers Increase in 2Q, UWM’s Sales Spike

  • Reset Activity Drives 2Q26 Boost in CLO/CDO Issuance

  • Originations Increase in 2Q Amid Headwinds From Rates

  • Expanded-Credit MBS Issuance Declines in 2Q

More Featured Data

Featured Reports

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Mortgage Servicing Rights Report: 1Q26 (PDF)

  • Lender Profiles 1Q26: Top 25 (PDF)

  • Mortgage Profitability 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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