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Short Takes: MBA CEO Dave Stevens Announces Retirement / The Search for a Successor Begins Now / MBA Bullish on Purchase Lending, Refis Not So Much / All Hail Peyton / President Bolts PrimeLending for Nonbank

October 25, 2017
Paul Muolo and Brandon Ivey
Who will replace Dave Stevens at MBA? The speculation has already begun...
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Originations Continued to Exceed Expectations in 3Q17. The Final Tally: $495 Billion

October 25, 2017
John Bancroft
Among the standouts in terms of lending growth were Freedom Mortgage, Caliber Home Loans, United Wholesale, and Home Point Financial, Inside Mortgage Finance found…
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Mortgage Complaints Filed with the CFPB Fell Yet Again

October 24, 2017
Thomas Ressler
Mortgage servicing-related gripes fell 26.3 percent in the third quarter…
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Large Banks Show Tepid Interest in GSE Servicing Market

October 24, 2017
John Bancroft
The megabanks shed a combined $48.75 billion of GSE servicing during the third quarter…
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Banks Look Forward to Revised Capital Treatment on MSRs; Worse Than Greek Bonds?

October 24, 2017
Brandon Ivey
Speaking at the MBA convention, one executive said that under current rules, bank holdings of MSRs are treated more harshly than holdings of Greek bonds.
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Flagstar Increased Residential Production by 4.5 Percent in 3Q17

October 24, 2017
Paul Muolo
Flagstar’s origination business was aided, in part, by its acquisition earlier this year of Opes Advisors...
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Nonbanks Mostly on the Sidelines in the HEL Market

October 24, 2017
Paul Muolo
It was thought that Quicken Loans, the nation’s largest nonbank funder, might follow loanDepot’s lead and enter the arena, but so far no...
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HUD Chief Carson: Use of FCA Under Review, but Bad Actors Will be Held Accountable

October 24, 2017
George Brooks
Secretary Carson warned, however, that HUD will continue to hold bad actors accountable for faulty lending practices…
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Short Takes: ‘Zero Capital’ Gets Zero Mention by FHFA Director Watt / Fannie CEO None-Too-Thrilled with ‘Colonial Style’ / Flagstar Cites Sweet Profits from Homebuilder Finance / No Housing Bubble, Says Arch / Capstead Gets a New CFO

October 24, 2017
Paul Muolo and Brandon Ivey
Homebuilder finance is booming at Flagstar Bancorp...
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Short Takes: MBA’s Stevens to the Troops: You’re Living Under a False Sense of Security / Trump’s Nominee to Head the FHFA? / How Basel Treats Servicing Assets / Executive Bolts PNC Bank for NewDay

October 23, 2017
Paul Muolo
MBA chief Dave Stevens: “What happens if the president nominates a new [FHFA] director who thinks the government role in mortgage finance is too large and wants to scale it back?"
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Latest Imf News

  • Rocket Cuts Wholesale Pricing, Aims for UWM Brokers

  • FHA, VA Lending Up Sharply in First Half of Year

  • House Republicans Introduce Bill With Major Reforms to CFPB

  • Ishbia Expects Changes Around Edges for GSE LLPAs, TRID

More Imf News

Featured Data

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  • Chase Non-Agency RMBS Servicing Rebounds in 2Q

  • Fitch Retains Top Ranking in MBS & ABS Ratings in 2Q

  • Refis Trail Off in 2Q, Purchase Lending Slightly Ahead of 2025

More Featured Data

Featured Reports

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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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