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Short Takes: The ‘Think-Tank’ GSE Hearing / More Red Ink for AAMC / AmeriSave’s New President / A Servicing Milestone for Flagstar / Equity Prime Hires New CFO

November 7, 2017
Carisa Chappell and Paul Muolo
Tuesday’s panel discussion has been dubbed the “think tank” hearing because it includes representatives from the Urban Institute, the Milken Institute and American Enterprise Institute…
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Special Counsel Clears Cordray of Election Law Violations

November 6, 2017
Thomas Ressler
The Office of Special Counsel found no evidence that the CFPB's Richard Cordray violated the Hatch Act.
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The Ramifications of a Nationstar Sale (If it Happens)

November 3, 2017
Paul Muolo
Interestingly, Nationstar, Ocwen and Walter each have embarked on a course of selling their owned mortgage-servicing rights while staying on as a subservicer…
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PennyMac Posts Strong Earnings; Broker Launch Coming Soon

November 3, 2017
Paul Muolo
PennyMac estimates by entering the broker space it will gain access to additional 10 percent of the $1.7 trillion loan market.
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Short Takes: Bill Ashmore’s Next Move / Richard Pickup, the Largest Investor in Impac / Weaker Results for PennyMac, the REIT / A New Hire for MBA

November 3, 2017
PennyMac (the REIT) said third quarter results were also affected by the reduced earnings contribution from "our credit risk transfer investments..."
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A Spike in Freddie MBS Issuance Helped Steady Volumes for October

November 3, 2017
John Bancroft
But while Fannie production slumped 11.5 percent, Freddie saw a robust 23.9 percent jump in new issuance in October…
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Housing and Mortgage Industries Call GOP Tax Plan a Dud for Homeownership

November 3, 2017
Brandon Ivey
The $1 million cap is grandfathered and will only affect loans taken out after enactment of the bill...
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A New Fed Chairman is Picked but that Might be the Only Major Change at the Central Bank

November 3, 2017
Thomas Ressler
“There was no drama surrounding this meeting of the FOMC,” said Michael Fratantoni, chief economist for the Mortgage Bankers Association.
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After 22 Years as President of Impac, Bill Ashmore Calls it a Day

November 3, 2017
Paul Muolo
No immediate successor to Ashmore was named, but whoever the person is they will have to deal with a slumping revenue picture…
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What We’re Hearing: The Mortgage Cycle Turns / PE Firms Ready to Pounce? / Show Mr. Cooper the Door? / Impac in Play? / loanDepot Retail Chief David Norris Departs for Law Enforcement Project / More Nonprime MBS on the Way

November 3, 2017
Paul Muolo
Ocwen will not be sold through a stock deal, but Nationstar could be...
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Latest Imf News

  • Rising Interest Rates Diminishing Mortgage Demand

  • HECM Endorsements Increase Slightly in 2025

  • Pennymac Spreads Out Agency-Eligible Deliveries

  • Lenders Face Complications With Non-Agency Lending

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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

  • Agency Channel Analysis: 4Q25 (PDF)

  • IMF Mortgage Directory: Full interactive database

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More Latest 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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