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Quicken, New Residential Reducing Funding Costs with Note Sales

September 10, 2020
Brandon Ivey

Quicken and New Residential are planning separate sales of senior notes.


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Positive Outlook for Originations and Profitability in Fourth Quarter

September 10, 2020
Brandon Ivey

Lenders expect originations to increase in the fourth quarter along with strong profits.


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Short Takes: Foreclosure Filings Increase / Carrington Resumes Originating Non-Agency Mortgages / New President at Flagstar / United Wholesale Drops Rates for Cash-Out Refis

September 10, 2020
Brandon Ivey

Foreclosures posted an unexpected increase of 11% in August...


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HUD Publishes Final Fair Lending Rule. Meaning?

September 9, 2020
Paul Muolo

The National Fair Housing Alliance called HUD’s new Preserving Community and Neighborhood Choice rule a “major step backwards in the ongoing fight for fair housing.”


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ARMs Anyone? Originations Actually Increased in 2Q20

September 9, 2020
Brandon Ivey

Bank of America, Wells Fargo and Chase ranked first, second and third, respectively, in terms of ARM lending in the second quarter. All are megabanks...


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Angel Oak Preps Another MBS with Pre-Volatility Non-QMs

September 9, 2020
Brandon Ivey

The deal will mark the fifth MBS Angel Oak has issued since mid-May, all of which have been stocked with mortgages originated before April.


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Ginnie Mae Forbearance Reading Inches Up, Remains Stubbornly High

September 8, 2020
Paul Muolo

MBA's Mike Fratantoni: “The share of Ginnie Mae loans in forbearance increased again ... as the current economic crisis continues to disproportionately impact borrowers with FHA and VA loans."


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Will FHFA’s Capital Proposal Result in More Business for Non-Agency Lenders?

September 8, 2020
Brandon Ivey

Fannie Mae, for one, believes the proposal could prompt a 20 bp increase in g-fees.


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Mortgage Bankers and Brokers Keep Adding Jobs

September 8, 2020
Paul Muolo

Loan brokerage firms have increased employment by 16.3% year-over-year...


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USDA’s Mortgage Program Shows Strong Growth This Year

September 8, 2020
Maria Volkova

The bulk of the increase in USDA lending has been driven by purchase mortgages, though refinances also increased significantly.


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Latest Imf News

  • Rocket Cuts Wholesale Pricing, Aims for UWM Brokers

  • FHA, VA Lending Up Sharply in First Half of Year

  • House Republicans Introduce Bill With Major Reforms to CFPB

  • Ishbia Expects Changes Around Edges for GSE LLPAs, TRID

More Imf News

Featured Data

  • Slowing Refis Drag on Ginnie Issuance in July

  • Chase Non-Agency RMBS Servicing Rebounds in 2Q

  • Fitch Retains Top Ranking in MBS & ABS Ratings in 2Q

  • Refis Trail Off in 2Q, Purchase Lending Slightly Ahead of 2025

More Featured Data

Featured Reports

  • Lender Profiles 1Q26: Top 25 (PDF)

  • Mortgage Profitability Report 1Q26 (PDF)

  • Top Mortgage Players: 1Q26 (PDF)

  • Agency Seller-Issuer Profile: 1Q26 (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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