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A Strong 4Q for Non-Agency Lender Velocity Financial

March 11, 2022
Brandon Ivey
Velocity sources its production through mortgage brokers.
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Mortgage-Related REITs Scale Back Agency MBS, Lean to Non-Agency

March 11, 2022
John Bancroft
Most of the decline was in portfolio holdings of mainstream agency MBS...
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Impac Posts 4Q21 Profit but CEO Strikes Cautious Tone

March 11, 2022
Paul Muolo
Impac's CEO said the first quarter of 2022 introduced "increased volatility and heightened market awareness of non-transitory inflation, and credit and liquidity risk brought on by geopolitical events."
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Short Takes: A Lower Profit and GOS for Guild / Market Share Gains? / In the Hunt for Production Shops / A Busy MorVest / A New Directorship for Former GSE Exec

March 11, 2022
Paul Muolo
One MorVest client is looking to buy lenders producing $1 billion to $3 billion per year...
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Non-Agency Offsets Stumble in Fannie/Freddie Jumbo Market

March 10, 2022
John Bancroft
The conforming-jumbo business saw a modest setback in 2021...
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Fifth Circuit Remands Collins GSE Case to District Court

March 10, 2022
Dennis Hollier
The five dissenting judges were even more skeptical, arguing that a remand was unnecessary...
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COVID-Era Non-QM Delinquencies? Never Mind...

March 10, 2022
Brandon Ivey
dv01 looked at loan-level performance data for 1,610 non-QMs with an unpaid principal balance of nearly $800 million...
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Advisory Firm Sets Auction of Fannie/Freddie Product

March 10, 2022
Paul Muolo
The portfolio has estimated average escrow balances of $17.7 million.
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An Interesting Twist: Non-Agency MBS Issuers Stocking Deals with Ginnie EBOs

March 9, 2022
Brandon Ivey
Issuers are packaging primarily delinquent FHA mortgages into non-agency securities...
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Applications Rise Nicely but Don’t Get Used to It

March 9, 2022
Paul Muolo
As one veteran warehouse manager put it: “We’re sucking wind, like everyone else.”
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Latest Imf News

  • Nonbanks, Large Lenders Gain Share in Originations

  • Mortgage Locks Decline in September

  • Trigger Leads Rarely Led to Loans Prior to Restrictions

  • Better Focusing on HELOCs, AI and Hiring New CEO

More Imf News

Featured Data

  • GSE MBS Issuance Increases in August

  • Mortgage-Banking Profits on Production, Servicing Decline in 2Q

  • Banks Shed MBS/ABS From Trading Accounts in 2Q

  • Rocket, Cenlar Subservicing Portfolios Decline

More Featured Data

Featured Reports

  • Mortgage Profitability Report 2Q26 (PDF)

  • IMF Mortgage Directory: Full interactive database

  • Mortgage Servicing Rights Report: 2Q26 (PDF)

  • Agency Seller-Issuer Profile: 2Q26 (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?

View Results
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