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Securitization Rate Heads North in 3Q19

December 13, 2019
John Bancroft

The boost in securitization came despite headwinds from market dynamics…


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Florida Bank Buys Controlling Stake in GA Mortgage Lender

December 12, 2019
Paul Muolo

Under the terms of the deal, BrandMortgage CEO Greg Shumate will become an officer of the bank…


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Calabria Takes Credit for De-risking the GSEs

December 12, 2019
Dennis Hollier

To back up his claims, the FHFA chief cited statistics on loan acquisitions by Fannie and Freddie over the past eight months.


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In 3Q19, Home-Equity Lending Took a Back Seat

December 12, 2019
John Bancroft

Credit unions, however, continued to grow their holdings of home-equity loans, up 1.9% to $92.5 billion as of the end of the third quarter. New HEL originations edged up 0.7% from the previous period to $9.7 billion.


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PennyMac Ready to Make Another Trip to the Stock ‘Well’

December 11, 2019
Paul Muolo

When it comes to selling additional shares, PennyMac Mortgage Investment Trust is not shy…

 


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Former Freddie CEO Layton on the UMBS: Mission Accomplished

December 11, 2019
Dennis Hollier

In 3Q19 – the first full quarter under the new UMBS regime – the Freddie discount fell to just 1 basis point…


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Subprime Servicing Rights: The Runoff Continues

December 11, 2019
Brandon Ivey
The top three subprime servicers are: Ocwen Financial, Bank of America and Chase. Most of it entails legacy product…
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Ginnie Mae MBS Production Stumbles in November

December 11, 2019
John Bancroft

Both the FHA and VA sectors saw declining securitization volume, but the VA took the bigger hit, a 12.1% drop from October.


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With Growth in Mind, Directors Hires Former LoanStar CEO Mike Baldwin

December 10, 2019
Paul Muolo

Directors Mortgage hopes to open new offices in Colorado and New Mexico by the second quarter of 2020.


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Retail Channel Gains Market Share (Again) in Jumbo Lending

December 10, 2019
Brandon Ivey

Market leader Wells Fargo has acknowledged that correspondent lending has lower profit margins than retail.


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Latest Imf News

  • Pulte Orders VS4 Rollout, Considers Bi-Merge for GSEs

  • Castlelake and Redwood Bring First Joint Jumbo MBS

  • Pending Inflation Reading Key for Rates With Jobs Market Resilient

  • Bank Holdings of Residential MBS Tick Up in 2Q

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

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Lender Profiles 1Q26: Top 25 (PDF)

  • Mortgage Profitability Report 1Q26 (PDF)

  • Top Mortgage Players: 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?

View Results
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