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Walter’s Stock in a Freefall (Again) in Wake of ‘Restructuring’ Plan. Firm Projects Loss for 2017

August 2, 2017
Paul Muolo
The company has been trying to restructure its operations under CEO Anthony Renzi, who joined the firm last year.
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Short Takes: Freddie Moves Closer to SFR Financing / Room for GSE Legislation to Get Done? / Michael Bright: Acting Ginnie Mae Chief / Applications Decline / A New Hire for Waterstone

August 2, 2017
Carisa Chappell, Paul Muolo, and Sherry Muolo
Cowen & Co. analyst Jaret Seiberg believes the Senate Banking Committee remains on track to unveil GSE reform legislation late in the fourth quarter...
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Radian Posts Strong MI Volume in 2Q, but Takes Huge Hit on Clayton and its ‘Services’ Unit

August 1, 2017
Paul Muolo
In past SEC filings Radian hinted that a write-down tied to its 2014 $305 million purchase of Clayton might be in order, but the company never pulled the trigger.
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After Years of Shedding Servicing Rights, BofA Getting Close to a Normalized Portfolio

August 1, 2017
Brandon Ivey
A telling sign: Bank of America employed 6,603 servicing employees as of the end of 2016, down 78.0 percent compared to the end of 2013.
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Commercial Mortgage Securitizations Post Solid Gains in 2Q17

August 1, 2017
John Bancroft
The biggest surge was in non-agency securitization of mortgages on hotels and other lodging properties, which jumped 88.7 percent from the first quarter.
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A 25 Percent Earnings Decline for Freddie Mac; ‘Account Surplus’ with Uncle Sam will Swell to Almost $39 Billion

August 1, 2017
Paul Muolo
Freddie expects to make a $2 billion dividend payment to Treasury – the holder of its senior preferred stock – sometime in September.
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Short Takes: Freddie’s CEO Comments on Declining Capital Buffer / This is Not Your Parent’s Freddie Mac / Hensarling Calls for Investigation into Whether CFPB Chief Violated the Law / A Strong Quarter for Arch / Poulin Rejoins Mortgage Network

August 1, 2017
Carisa Chappell and Paul Muolo
Freddie Mac CEO Don Layton: "The fundamentals are strong and residual flaws are gone..."
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JD Power: Consumers None Too Happy with Mortgage Servicers These Days

August 1, 2017
Sherry Muolo
The noted research firm found that mortgage customers feel as if their servicers are more focused on profit than giving top-notch customer support...
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FHFA Chief Mel Watt Rules Out G-Fee Cut

August 1, 2017
Paul Muolo
“Some lenders are finally showing more willingness to extend credit to borrowers..." said FHFA Director Mel Watt.
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Industry Again Calls for Delay in Implementing New HMDA Rules

July 31, 2017
Thomas Ressler
The CFPB has not yet initiated a public process to apply the balancing test to determine which of the new data will be released to the public.
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Latest Imf News

  • Ginnie Issuance Declines in First Quarter, Refis Steady

  • Housing Shortage Less Acute With Changes in Economy

  • HUD Official Clashes With Fair Housing Advocates

  • Applications for Purchase Mortgages Trailing 2025 Level

More Imf News

Featured Data

  • ARM Production Bounces Back in Fourth Quarter

  • Home Equity Loan Originations Decline in Fourth Quarter

  • GSE Seller Buybacks and Unresolved Claims Decline

  • Profits Sag at FHLBanks in Fourth Quarter

More Featured Data

Featured Reports

  • Mortgage Profitability Report 4Q25 (PDF)

  • Agency Channel Analysis: 4Q25 (PDF)

  • GSE Repurchase Activity: Cumulative Through Fourth Quarter 2025 (PDF Format)

  • IMF Mortgage Directory: Full interactive database

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?

View Results
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