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VA Servicing Continues to Grow at a Nice Clip

April 25, 2018
John Bancroft
Don’t look now, but Ginnie Mae MBS outstanding is approaching the $2 trillion mark…
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PHH’s CEOs Took Home (Combined) $5.26 Million in Compensation Last Year

April 25, 2018
Paul Muolo
Crowl’s base pay for 2017 totaled $554,808 while Messina’s came to $485,962.
Read More

Chimera Packaging Mortgages Aggregated by BofA into a Prime Jumbo MBS

April 25, 2018
Brandon Ivey
Most of the loans are non-agency jumbos, but a handful are eligible for sale to Fannie Mae and Freddie Mac.
Read More

VA-Based Nonbank Lender Reveals Data Breach

April 25, 2018
Brandon Ivey
WEI is based in McLean, VA and owned by Arc Home, which in turn is controlled by funds under the management of Angelo, Gordon.
Read More

Sen. Crapo Says GSE Reform Still Possible in This Congress (You Heard That Right)

April 25, 2018
Carisa Chappell
The senator disagreed with comments made earlier in the day by HUD Deputy Secretary Pam Patenaude, who said there aren’t enough legislative days left...
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Short Takes: Another Milestone for Angel Oak / Going After Bayview? / Mortgage Layoffs at HomeStreet / Genworth Unveils Rate Card Reductions / A Promotion at PRMI

April 25, 2018
Paul Muolo
HomeStreet Bank, Seattle, revealed in its earnings statement this week that it chopped 86 full-time positions.
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Western Asset Management Preparing to Issue Non-QM MBS

April 24, 2018
Brandon Ivey
Clayton Services reviewed 2,164 mortgages for the planned Arroyo Mortgage Trust MBS…
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The FHA Share of Mortgage Complaints Filed with the CFPB: 13 Percent

April 24, 2018
George Brooks
According to the CFPB’s annual report on consumer disputes, the bureau received roughly 37,300 mortgage complaints in 2017...
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Originations Fall 19 Percent at Flagstar; Bank Keeps Selling MSRs

April 24, 2018
Paul Muolo
Flagstar sold $12 billion of mortgage servicing rights as well…
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A Trio of Prime Non-Agency MBS Deals Ready to Hit the Market

April 24, 2018
Brandon Ivey
Loans in Chimera’s forthcoming deal were underwritten to guidelines established separately by Bank of America, Caliber Home Loans and Quicken…
Read More
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Latest Imf News

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Featured Data

  • Rocket/Mr. Cooper Top UWM With GSE Deliveries

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Featured Reports

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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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