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Mortgage Delinquency Rates Down Sharply in 2Q18

August 17, 2018
John Bancroft
Meanwhile, the Mortgage Bankers Association this week reported a substantial decline in its seasonally adjusted mortgage delinquency data series.
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What We’re Hearing: Two Giants May Change Hands (Or Maybe Not) / Job Cuts at Ditech / Can HL Sell Ditech Fast Enough? / Tom Marano’s Experience with Troubled Shops / CALCAP Bullish on Fix-and-Flip / A Confidential GSE File On…

August 17, 2018
Paul Muolo
It might be in Ditech’s best interest if Houlihan Lokey finds a buyer now while MSR values are still peaking…
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California Still a Rich Market for Loan Officers

August 17, 2018
California, the largest mortgage market in the U.S., appears to provide more than enough business for loan officers, according to a new Inside Mortgage Trends analysis that compares the number of registered and licensed LOs in each state to the volume of home loans and mortgage applications. [Includes one data chart.]
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Jumbo Originations Up Sharply in 2Q18

August 16, 2018
John Bancroft
Wells Fargo, JPMorgan Chase and Bank of America were the top producers of jumbo loans in the second quarter…
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States Tighten Servicing Rules, but CFPB Still a Factor

August 16, 2018
Yemeng Yang
There’s a perception the CFPB will take fewer enforcement actions under the leadership of Mick Mulvaney, but industry attorneys question whether there has been any pullback…
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Angel Oak Readies Non-Agency MBS

August 16, 2018
Paul Muolo
Select Portfolio Services will handle the monthly servicing chores for Angel Oak.
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MountainView Taking Bids on $3.2B Fannie/Ginnie Portfolio

August 16, 2018
Paul Muolo
The Fannie Mae loans are located in 28 states…
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Bankers Ask for TRID Exemption on Single-Family Construction Loans

August 16, 2018
Yemeng Yang
Bankers argue that single-family construction loans should be exempt from TRID because they are temporary and cover construction activity…
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Short Takes: The BRAWL Continues / Don’t Worry About the Broker / An Old Complaint / Broker Market Share / Who Caused the Mortgage Crisis? / Brian Brooks, a Candidate for the Fannie CEO Job? (Probably Not)

August 16, 2018
Paul Muolo
But we will remind readers that wholesalers refinancing clients (via a retail arm) originally brought to them by a broker is a decades-old complaint…
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A Real Estate Fintech Takes a Test Drive in Mortgage Banking. Will Others Follow?

August 16, 2018
Zillow Group earlier this month agreed to acquire Mortgage Lenders of America, a national residential originator based in Overland Park, KS. Shortly after the announcement was made, Zillow’s share price crumbled, suggesting that investors aren’t bullish on the mortgage business these days.
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Latest Imf News

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Featured Data

  • Home Equity Loan Originations Decline in Fourth Quarter

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More Featured Data

Featured Reports

  • Mortgage Profitability Report 4Q25 (PDF)

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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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