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Mr. Cooper Stands Out Among Large Servicers in First Quarter

May 3, 2024
Brandon Ivey
While servicing outstanding ticked up 0.3% in the first quarter, Mr. Cooper's portfolio grew by 14.6%.
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Rocket Rebounds in First Quarter; Sees Temporary Elevated GOS

May 3, 2024
Brandon Ivey
Rocket’s income was boosted in the first quarter by a jump in gains from the sale of loans and positive marks for mortgage servicing rights.
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Homebridge Close to Issuing HELOC Securitization

May 3, 2024
Paul Muolo
To date, Homebridge has mostly sold HELOCs originated by its broker network to investors, servicing-released.
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HUD Issues Guidance on Digital Advertising

May 3, 2024
Brandon Ivey
HUD cautioned that lenders could violate the Fair Housing Act by relying on decisions made by an advertising platform that uses artificial intelligence to place ads.
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Short Takes: Ocwen Selling Some MSRs / Angel Oak Selling Off Older ECMs / Non-Agency Lender Takes Slight Loss / Attorneys Form Compliance Advisor

May 3, 2024
Brandon Ivey
Ocwen received an exceptionally strong bid for some of its MSRs and opted to sell.
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FHFA, FHA Set New Standards for Reconsideration of Value

May 2, 2024
Brandon Ivey
FHFA and FHA issued new standards for reconsiderations of value.
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Fed Tweaks Strategy for MBS Portfolio

May 2, 2024
Brandon Ivey
Some MBS payoffs that were reinvested in agency MBS will instead be invested in Treasury securities.
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Jumbo Correspondent Market Shrinks in 2023

May 2, 2024
James Dohnert
Correspondent buyers of jumbos were divided fairly evenly between banks and nonbanks in 2023.
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Servicing Lifts Ocwen to Profit in First Quarter

May 2, 2024
Brandon Ivey
Changes in the fair value of MSRs boosted Ocwen's earnings.
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Short Takes: GSEs Revise Guides / Purchase-Mortgage Lending Increases at Zillow / Fairway Touts LO Recruits / Annaly Fast With MBS

May 2, 2024
Brandon Ivey
The GSEs established a formal definition for mortgages to first-generation homebuyers.
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Latest Imf News

  • FHA Mortgages Push Agency MBS Delinquency Rate Higher

  • Lower Interest Rates Boost Refis, Prepayments

  • Investor Demand Helps Drive Down Rates on DSCRs

  • Expanded-Credit MBS Issuance Picks Up Pace

More Imf News

Featured Data

  • Rocket/Mr. Cooper Top UWM With GSE Deliveries

  • Lenders Shift GSE Business to Higher Quality in Fourth Quarter

  • Agency Refi Business With MI Spikes in Fourth Quarter

  • RMBS Issuance Ends Banner Year With Modest Decline

More Featured Data

Featured Reports

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

  • Agency Channel Analysis: 3Q25 (PDF)

  • Mortgage Profitability Report 3Q25 (PDF)

  • Top Mortgage Players: 3Q25 (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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