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loanDepot Reaches Milestone on Developing Inhouse Servicing Platform

January 4, 2022
Paul Muolo
Ginnie Mae mortgages carry a servicing fee of 44 basis points. It can now keep that income all to itself, instead of sharing it with a subservicing vendor...
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Lenders, Trade Groups Favor NMLS Modernization Plan

January 4, 2022
Sam Manas
Freedom, the nation's seventh largest originator, said modernization needs a buy-in from all states.
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Mortgage Banking Results Mixed at Banks and Thrifts

January 4, 2022
John Bancroft
A significant factor was the entry of Western Alliance Bank into mortgage banking after its acquisition of nonbank AmeriHome Mortgage...
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Short Takes: Buy Low / Issuing More / Nothing to Like? / Ginnie Mae Subservicers, A Smallish Club

January 4, 2022
Paul Muolo and John Bancroft
Plenty of nonbanks have announced stock buyback programs over the past year...
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2022 Is Here. Time to Shine for Purchase-Money Lenders?

January 3, 2022
Paul Muolo
Squarely in the bullish camp: originators of non-qualified mortgages...
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FDIC Chair Hands In Resignation on New Year’s Eve After Dustup Over Governance

January 3, 2022
Sam Manas
The resignation, effective Feb. 4, will leave the FDIC board composed entirely of Democrats. It follows a highly visible — and unusual — partisan spat among board members.
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Fitch Tops in RMBS Ratings, S&P Leads the Pack in ABS Market

January 3, 2022
John Bancroft
Moody’s Investors Service posted a hefty 47.7% increase in non-agency MBS ratings to $20.87 billion, tops in the market for the third quarter.
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Caution is the Watch Word for Regulatory Risk. A Cut in FHA Premiums?

January 3, 2022
Presently there are two mortgage-related SPACs that are in progress: Better.com (a lender) and Southport Acquisition Corp., the latter of which is looking for plays in the software arena.
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Redfin: Yet Another New Record for Home Sale Prices

December 30, 2021
Monica Hogan
“We see this slowdown as a temporary consequence of the holidays, not as an indication that homebuyer demand is backing off,” said Redfin Deputy Chief economist Taylor Marr.
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The Mortgage Grapevine: More Credit for loanDepot / Signature’s First Warehouse Line? / Little Evidence of Layoffs? / Reductions by Wells / The Biggest Mortgage Stories of 2021

December 30, 2021
Paul Muolo and Brandon Ivey
In mortgage banking, it's not necessarily where you've been, but where you're headed...
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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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