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Originations and Margins Increase at Flagstar

October 26, 2023
Brandon Ivey
Originations increased by 12% at Flagstar in the third quarter.
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Short Takes: VantageScore Finds New Mortgage Borrowers / Increase in Home Sales Could Be a Blip / Applicants Seeking Lower Loan Amounts / Expanded-Credit MBS From Annaly

October 26, 2023
Brandon Ivey
VantgeScore suggests that many consumers characterized as "dormant" are actually infrequent users of credit.
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ABS Issuance Continues Growth Track in 3Q23

October 25, 2023
John Bancroft
Vehicle and consumer loan sectors help drive ABS issuance in third quarter of 2023.
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High Interest Rates Limiting Demand for MBS

October 25, 2023
Brandon Ivey
Banks don't have much appetite for agency MBS and whole loan bids can be stronger than execution via non-agency MBS.
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GSE Shareholders Get Another Win

October 25, 2023
Dennis Hollier
A federal district court adds interest to the damages a jury awarded Fannie Mae shareholders in August.
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Homestar Financial Ceases Retail Operations

October 25, 2023
James Dohnert
The Georgia-based lender will accept locks through the end of the month before shuttering its retail operations.
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Short Takes: Mortgage Applications Down / Mr. Cooper Earnings Up in 3Q / Homebuyers Increasingly Looking to Move Out of State / Finance of America Expands Rollout of HomeSafe Second Program / ICE Report Correction

October 25, 2023
Brandon Ivey and James Dohnert
Mr. Cooper net income up in 3Q23; MBA reports mortgage applications down week-over-week; Redfin reports more homebuyers are moving out of state; Finance of America expands new reverse mortgage program to direct-to-consumer and wholesale channel.
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Federal Reserve Approves New Community Reinvestment Act Rule

October 24, 2023
Sam Manas
New rule maintains the tiered evaluation framework that exists under the current CRA rules while adding some requirements and flexibilities.
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Expanded-Credit MBS Issuance Grows in 3Q

October 24, 2023
James Dohnert
Expanded-credit MBS picks up in the third quarter thanks to originations by Acra Lending and CrossCountry Mortgage.
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ABS Market Buzzing Amid Fears of a Recession

October 24, 2023
Brandon Ivey
More than 5,500 people attended the ABS East conference this year, a record for the event.
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Latest Imf News

  • Rocket the First Nonbank to Top Owned Servicing Ranking

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  • CFPB Revises Complaint Process for Credit Report Issues

  • Consumer Advocates Seek Financial Relief for Borrowers in Minnesota

More Imf News

Featured Data

  • Mortgage Complaints to CFPB Tick Up in Fourth Quarter

  • Agency MSR Transfers Pick Up in Fourth Quarter of 2025

  • Record Year for CLO, But Issuance Slowed in 4Q25

  • Originations Increase in Fourth Quarter With Refi Push

More Featured Data

Featured Reports

  • IMF Mortgage Directory: Full interactive database

  • Agency Seller-Issuer Profile: 3Q25 (PDF)

  • IMF HMDA Dashboard: 2024

  • 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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