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Government and Jumbo Sectors Took the Biggest Lumps in 4Q17 Lending

February 8, 2018
John Bancroft
The conventional-conforming market held up relatively well in the fourth quarter, with origination volume easing by just 0.7 percent…
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Will CFPB Chief Mulvaney Say ‘Never Mind’ on PHH Case?

February 8, 2018
Thomas Ressler
In fact, it’s possible the CFPB under Acting Director Mick Mulvaney may just say: never mind.
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Ginnie Mae Lays Down Law on VA Churning, Warns Select Group of Issuers They Face Banishment

February 8, 2018
Paul Muolo
Issuers cited by Ginnie Mae are expected to deliver a corrective action plan...
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Freedom Mortgage Buys $25 Billion of Servicing Rights from Stearns Lending

February 8, 2018
Paul Muolo
In the summer of 2015, The Blackstone Group bought a controlling interest in Stearns.
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Better Mortgage Launches Refi Program for Airbnb Hosts, Providing Favorable Treatment to Income from Primary Residences

February 8, 2018
Brandon Ivey
Better Mortgage will use a borrower’s average Airbnb earnings from the last 24 months...
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Short Takes: The Top VA IRRRL Lenders / Tax Cuts Coupled with More Government Spending, a Recipe for Disaster? / If Habib’s Interest Rate Prediction Comes True, Watch Out Below / CFPB Wants Feedback on Enforcement Processes / A New Title for Amy Brandt

February 8, 2018
Paul Muolo and Thomas Ressler
Analyst Barry Habib of MBS Highway told us last week that once the yield breaks above 3.00 percent it’s only a matter of time before it hits 3.80. Just think of what that might do to the mortgage business…
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More Ominous Signs for Walter/Ditech: CEO Tony Renzi Departs with No Successor Named

February 8, 2018
Walter Investment Management Corp. had hoped to emerge from bankruptcy protection by the end of January, but now has a new problem on its hands: no CEO and no guidance on when it might actually have one. At press time, the revised target date to emerge from bankruptcy was Feb. 9.
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Retail Loans Less Risky in Agency Market

February 7, 2018
John Bancroft
Although Freddie Mac had a higher average credit score than its rival GSE, Fannie Mae had slightly lower average DTI and LTV ratios…
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Guaranteed Rate Hires Quicken Executive as New President of Online

February 7, 2018
Paul Muolo
At Quicken, Lombardi served as director of mortgage banking.
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Freddie Mac Looks to Carve Out New Niche for Specified Pools

February 7, 2018
Carisa Chappell
Mortgages with low loan balances appeal to investors because of their lower prepayment risk…
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Latest Imf News

  • Fed to Propose Capital Changes for Banks, Mortgages

  • Prime Non-Agency MBS Issuance Increases Nearly 40% in 2025

  • Rithm’s Commercial Loan REIT Eyes Lender Acquisition

  • FHA Loss-Mit Waterfall Change Drives Up Delinquencies

More Imf News

Featured Data

  • FHA Delinquencies Rise to Pandemic Levels

  • Expanded-Credit MBS Issuance Slows in 4Q

  • New Nonbank Servicing Giant Emerges in Fourth Quarter

  • January Ushers In New Year With Modest Gain in MBS

More Featured Data

Featured Reports

  • Mortgage Servicing Rights Report: 3Q25 (PDF)

  • IMF Mortgage Directory: Full interactive database

  • Agency Seller-Issuer Profile: 3Q25 (PDF)

  • 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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