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It’s Been Five Years Since a Nonbank Lender Pulled Off an Initial Public Offering of Stock

September 20, 2018
Private equity firms hoping to cash out their ownership stakes in nonbank lenders via an initial public offering of stock will have to wait a little longer, thanks to a tough origination market and institutional investor interest that lies elsewhere.
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Short Takes: Connecticut Mortgage Regs Reach a ‘Breaking Point’? / A Revenue Grab? / One Subservicer That Benefits From Too Much State Regulation / Ditech, a Very Thinly Traded Mortgage Stock / PenFed Hires JPM Executive

September 20, 2018
Paul Muolo
First Alliance issued a statement calling the license idea a “desperate revenue grabbing” practice.
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Who Needs the Fed? Plenty of Investors Willing to Pick Up the Central Bank’s (MBS) Slack

September 20, 2018
John Bancroft
The central bank could lose its kingpin status if commercial banks continue buying…
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A Surge in Jumbo Correspondent Acquisitions

September 19, 2018
John Bancroft
Jumbo production by correspondent lenders increased by 63.7 percent on a sequential basis…
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Chimera Packs GSE-Eligible Loans on Investment Properties into New Non-Agency MBS; Caliber a Top Contributor

September 19, 2018
Brandon Ivey
Three nonbank lenders, all owned by PE firms, are key contributors to the deal…
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CFPB Proposes Disclosure Sandbox

September 19, 2018
Yemeng Yang
The agency specifies that a two-year testing period would be the norm.
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Former Goldman Officials Launch Non-QM Wholesaler to Feed its Growing Aggregation Business

September 19, 2018
Paul Muolo
Steve Skolnik, an industry veteran with a long career in nonprime lending, was recently hired as CEO…
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MorVest Taking Bids on Freddie Mac Bulk MSR Portfolio

September 19, 2018
Paul Muolo
Dealmakers, including Mark Garland of MountainView Financial Solutions, expect a flurry of activity this fall.
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Short Takes: Freddie Talking to Potential MSR Borrowers / Fannie’s New HLTV Refi Option / Plenty of GSE-Eligible Loans in New JPM MBS / LendingTree’s $10k Prize / A New Director at Fannie Mae

September 19, 2018
Brandon Ivey and Paul Muolo
On Nov. 1, Fannie Mae will begin accepting applications for its new high loan-to-value ratio refinance product.
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They’re Back: CFPB Advisory Boards (But with Fewer Members)

September 18, 2018
Yemeng Yang
Two new members of the consumer panel come from the fintech world: Sameh Elamawy, CEO of Scratch, and Manning Field, CEO of Acorns.
Read More
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Latest Imf News

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Featured Data

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Featured Reports

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  • IMF Mortgage Directory: Full interactive database

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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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