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Purchase-Mortgage Blowout: 2Q17 Highest Volume Since 3Q06

September 7, 2017
John Bancroft
Purchase loans accounted for 67.5 percent of the estimated $455.0 billion in first-lien mortgage originations during the April-June cycle...
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Delinquencies Inch Up in 2Q17. A Trend or a Blip?

September 7, 2017
Brandon Ivey
The increase in delinquencies was driven by loans going late in 30-60 day category…
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Wells Fargo’s Acquisition of Seneca Mortgage – a Fluke or Something Else?

September 7, 2017
Paul Muolo
In late August, a notice appeared on the website of the Federal Trade Commission under the banner of the agency’s “pre-merger notification program,” identifying Wells as the winning bidder…
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ICBA Says Government Seizure of Fannie and Freddie was ‘Questionable at Best’

September 7, 2017
Paul Muolo
ICBA’s comment marks the first time that a major industry trade group has questioned putting Fannie and Freddie into conservatorship…
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It’s Official: Lone Star’s New Security Largest Post-Crisis Nonprime MBS To Date

September 7, 2017
Brandon Ivey
The new security is backed solely by loans from Caliber...
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Warehouse Commitments Top $64 Billion at June 30. Sector Remains Healthy but Concerns over Hurricanes and M&A

September 7, 2017
Warehouse providers of credit ended the second quarter of 2017 with $64.0 billion of commitments on their books, a modest 8.5 percent sequential gain, reflecting a strong – but not an overheated – origination market for nonbank originators. Compared to the same quarter a year ago, commitments increased 12.3 percent. According to interviews conducted by Inside Mortgage Finance this week, credit managers are...[Includes one data table]
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Short Takes: Wells Fargo and UWM Weigh In on Hurricane Irma / Non-Agency MBS Not Impacted by Harvey / Clayton Rolls out ‘Readiness Solution’ for Nonprime / A Promotion at LendingTree

September 7, 2017
Brandon Ivey and Paul Muolo
Meanwhile, United Wholesale Mortgage CEO Mat Ishbia said the nation’s largest wholesaler is not cancelling any closings because of Irma, at least not yet...
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CFPB’s Cordray to Give Ohio Speech on Date of Gubernatorial Debate. Meaning?

September 6, 2017
Thomas Ressler
Fun fact: Ocwen is one of the sponsors of the event where CFPB Director Richard Cordray will be speaking…
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Jumbo Servicing Continues to Increase for Most Firms; Performance Pristine

September 6, 2017
Brandon Ivey
Of the nation's top 10 jumbo servicers, just one is a nonbank: Ocwen Financial.
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First ‘Expanded Prime’ MBS from Redwood Shows Somewhat Looser Underwriting than Typical Super-Prime Jumbos

September 6, 2017
Brandon Ivey
Mortgages from 103 lenders will be included in the deal led by PrimeLending…
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Latest Imf News

  • FHA Mortgages Push Agency MBS Delinquency Rate Higher

  • Lower Interest Rates Boost Refis, Prepayments

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  • Expanded-Credit MBS Issuance Picks Up Pace

More Imf News

Featured Data

  • Rocket/Mr. Cooper Top UWM With GSE Deliveries

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  • RMBS Issuance Ends Banner Year With Modest Decline

More Featured Data

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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