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Home » Topics » News » IMFnews

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Nonprime Servicing Portfolios Grow Modestly in Second Quarter

September 5, 2024
James Dohnert
Among a group of 20 prominent nonprime servicers, portfolios increased by 0.6% in the second quarter.
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UWM Offers 75-Basis-Point Discount on Refis

September 5, 2024
Brandon Ivey
The discount applies to most types of refis, through Oct. 31.
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CFA Calls for Policy Changes to FHA Program

September 5, 2024
Monica Hogan
The Consumer Federation of America said buyers using FHA loans often face stigma when buying a home and cannot use many competitive strategies that are common to conventional and cash buyers.
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Short Takes: Non-QMs From The Loan Store in MBS / Inventory of Homes for Sale Increases / Freddie Selling NPLs

September 5, 2024
Brandon Ivey
The Loan Store acquired Homepoint Financial’s wholesale lending operations last year.
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Mixed Signals on Demand for Refinances

September 4, 2024
Brandon Ivey
The Fed's anticipated rate reduction is already baked into mortgage interest rates...
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HECM Lending Up Somewhat in Second Quarter

September 4, 2024
Monica Hogan
HECM production picked up somewhat after a lackluster first quarter.
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Investors Showing Strong Demand for Non-Qualified Mortgages

September 4, 2024
James Dohnert
Brian Devlin, president and CEO of Arc Home, said investor appetite for non-QMs is the strongest it’s ever been.
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Redwood Adjusts Advancing Feature on New Jumbo MBS

September 4, 2024
Brandon Ivey
It’s the first jumbo MBS from Redwood since 2015 to include full advancing.
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Short Takes: MSR Values Decline / Retention Performance Falters / Rocket Taps Former CEO of Sagent / Home Improvement Securitization

September 4, 2024
Brandon Ivey
MSR values are coming down as interest rates decline.
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ARM Lending Up in 2Q, Share of Originations Increases

September 3, 2024
James Dohnert
ARMs accounted for 13.6% of first-lien originations in the second quarter of 2024 compared to 11.7% in the first quarter.
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Latest Imf News

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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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