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PennyMac Financial Cuts New Employment Deals with Top Officers

January 2, 2019
Paul Muolo
Kurland was given an annual base salary of $900,000 from Jan. 1 of this year until Dec. 31, plus cash and equity incentives.
Read More

Loan Officer OT Pay Case Sent Back to Lower Court, Dealing a Blow to LOs

January 2, 2019
Brandon Ivey
According to the ruling by the appeals court, Citizens pays its LOs $11.50 an hour along with commissions based on volume…
Read More

Short Takes: A Government Shutdown-Related Reminder from Fannie Mae / A Fundraising Record for MBA’s MORPAC / Rising Worries, Falling Rates / Nervous / AI Gets a New (Annual) President

January 2, 2019
Brandon Ivey and Paul Muolo
At press time, the yield on the benchmark 10-year Treasury was at 2.67 percent, the lowest reading in almost 12 months…
Read More

Analysts Positive on VA’s Interim Rule on Cash-Out Refis, but…

December 31, 2018
George Brooks
The rule creates two types of cash-out refinances…
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Texas Capital’s Warehouse Business is Doing Well but Its Share Price is in the Dumps

December 31, 2018
Paul Muolo
Usually, Texas Capital doesn’t talk about its warehouse business, but EVP Jack Nunnery recently opened up a bit about what other warehouse lenders are saying…
Read More

Industry Concerned About Shutdown and Effect on IRS Verifications, MBA Asks Treasury to Step In

December 31, 2018
Paul Muolo
MBA CEO Bob Broeksmit: “We have made our concerns known to Treasury and request that IRS employees performing this vital work be deemed essential so loan closings can continue without further interruption.”
Read More

FEMA Reverses Course on Decision to Halt New Flood Policies

December 31, 2018
Brandon Ivey and Paul Muolo
The NAR called FEMA’s about-face a “critical win.”
Read More

GSE Credit Scoring Models: The Future is Unwritten

December 31, 2018
Dennis Hollier
Fannie and Freddie tossed out the idea of creating their own internal models as impractical...
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Interest-Only Lending Declines in Third Quarter

December 31, 2018
Brandon Ivey
First Republic Bank, the top IO lender in the group, originated $1.68 billion of product…
Read More

Short Takes: Worrying About the IRS / NRMLA Talking to Members about the HECM Situation / Most Underwriting Can Continue / Mnuchin’s Future / OCC Hires SBC Attorney

December 31, 2018
Paul Muolo
Capital Alpha Partners: “Mnuchin’s job is in danger the same as any cabinet member under Trump...."
Read More
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Latest Imf News

  • Refi Lending Spikes in 4Q, Purchase Mortgages Slow

  • Delinquencies Climb During Fourth Quarter, Led by FHA

  • GSEs Getting Aggressive With Cash Window Pricing

  • Onity’s Earnings Helped by Release of Tax Valuation Allowance

More Imf News

Featured Data

  • FHA Delinquencies Rise to Pandemic Levels

  • Expanded-Credit MBS Issuance Slows in 4Q

  • New Nonbank Servicing Giant Emerges in Fourth Quarter

  • January Ushers In New Year With Modest Gain in MBS

More Featured Data

Featured Reports

  • Mortgage Servicing Rights Report: 3Q25 (PDF)

  • IMF Mortgage Directory: Full interactive database

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

  • IMF HMDA Dashboard: 2024

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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