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BB&T Quietly Cuts Mortgage Staff Including Correspondent Manager

January 8, 2019
Paul Muolo
The RIFs at BB&T started in December and more are expected...
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TMS Exiting Retail and Wholesale Channels, Will Focus on Servicing, Correspondent Acquisitions

January 8, 2019
Paul Muolo
AmeriSave said it wants to scale its origination business…
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Short Takes: $249 Million in Mortgage Payments at Risk? / Will Trump Order Fannie and Freddie to Stand Down? / Assessing Mark Calabria / Lovell Buys ATTOM / LoanLogics Hires Mortgage Tech Vet

January 8, 2019
Namrata Bhatia, Brandon Ivey, and Paul Muolo
Overwhelmingly, industry analysts expect Mark Calabria to shake things up at the Federal Housing Finance Agency – that is, once he’s approved by the full Senate.
Read More

Non-Agency MBS Issuance Nearly Doubled in 2018

January 7, 2019
Brandon Ivey
JPMorgan Chase and Redwood Trust are the dominant issuers of non-agency MBS…
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loanDepot Hires Caliber Executive John Bianchi to Head National Sales

January 7, 2019
Paul Muolo
loanDepot founder and CEO Anthony Hsieh: “We believe in distributed retail…”
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CMG Mortgage Expands in the Northeast, Assumes 14 RPM Branches

January 7, 2019
Paul Muolo
RPM CEO Rob Hirt was good-natured about the departures: “I wish CMG continued success into 2019…”
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Democrats on the HFSC Seek FHA Loans for DACA Recipients

January 7, 2019
George Brooks
Although HUD has voiced its opinion on the eligibility of DACA recipients informally, no official, definitive pronouncement has been issued – to the consternation of lenders.
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Short Takes: IRS Cranks Up the IVES Machine Again / Otting at FHFA, Day 1 / AltLoan Enlists a New Capital Markets Partner / 45 Percent Plan to Enter the Non-QM Space This Year / Academy LO Joins Bay Equity Home Loans

January 7, 2019
Brandon Ivey and Paul Muolo
Roughly 45 percent of respondents said they definitely will enter the the Non-QM market this year.
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Mr. Cooper to Take Control of IBM’s Seterus. Fannie a Big Client

January 4, 2019
Paul Muolo
Market sources said Seterus struggled to find new servicing clients to replace its dwindling contracts with Fannie Mae.
Read More

A New Year and a New MBS from Redwood Trust

January 4, 2019
Brandon Ivey
Servicing will be handled by six different firms with Shellpoint Mortgage Servicing getting a large chunk of the contract…
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Latest Imf News

  • CFPB Receives Conflicting Feedback on HMDA Requirements

  • Appeals Court Rules in Favor of Lender in Attorney's Fees Dispute

  • Non-Agency MBS Issuers Bring Somewhat Larger Deals

  • MISMO Housing Counseling Dataset Aims to Improve Services

More Imf News

Featured Data

  • GSE Seller Buybacks and Unresolved Claims Decline

  • Profits Sag at FHLBanks in Fourth Quarter

  • Production vs Servicing Results Mixed in 4Q25

  • Correspondents Retreat in 4Q as Brokers Forge Ahead

More Featured Data

Featured Reports

  • Mortgage Profitability Report 4Q25 (PDF)

  • Agency Channel Analysis: 4Q25 (PDF)

  • IMF Mortgage Directory: Full interactive database

  • 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?

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