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Fast-Growing Nonprime Lender Angel Oak Adds Four Executives, Aims to Double Sales Force

April 4, 2017
Paul Muolo
Angel Oak employs 52 wholesale account executives and hopes to add three to four additional ones a month.
Read More

Coming May 1: FHA’s New Loan Review System (Defect Taxonomy)

April 4, 2017
George Brooks
The ultimate goal of the LRS is to reduce lenders’ liability risk and minimize overlays…
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Short Takes: Skyline Posts Strong Purchase Lending Numbers / Banks and CUs Pony Up to the IO Bar / Flagstar’s New Wealth Advisory Business / Thanks to AVMs and Google Earth, All Appraisers May be Toast / Frommeyer Leaves NAMB

April 4, 2017
Paul Muolo
A former Utah appraiser said she lost her job to AVMs and now drives a bus for $40,000 a year...
Read More

Signs of Life in the Ginnie Mae Servicing Market? Not Really, but…

April 4, 2017
Paul Muolo
Servicing brokers believe that the relatively strong showing in Ginnie transfers in the fourth quarter might have been an aberration…
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Prime Non-Agency MBS Bounces Back in 1Q17

April 3, 2017
Brandon Ivey
Just two firms – Redwood Trust and JPMorgan Chase – continued to dominate jumbo issuance in the first quarter…
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Deephaven Mortgage Preparing a $223 Million Nonprime MBS

April 3, 2017
Brandon Ivey
Deephaven operates solely as a secondary market buyer of whole loans...
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And the Beat Goes On: VA, MBA Continue Work on Finding a Solution to Aggressive VA Refis

April 3, 2017
George Brooks
Pete Mills of MBA said the revised policy was intended to “take some of the economics out” of serial refinancing…
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Invitation Homes Reveals FY 2016 Results: a $96.8 Million Loss

April 3, 2017
Paul Muolo
Invitation Homes also has unsecured warehouse loan agreements with its sponsor…
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While Conventional Lending Faces Challenges, Nonprime May Soar

April 3, 2017
Paul Muolo
Angel Oak competitor Citadel Servicing Corp., Irvine, CA, is planning to come to market with its first deal, a rated security that could top $160 million…
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Short Takes: Fixing the GSEs: A Slam Dunk? / ‘Abundant’ Bipartisan Agreement? Huh? / How Rep. Jeb Gets There / Seller-Financing for Altisource / Paul Miller Departs FBR

April 3, 2017
Brandon Ivey and Paul Muolo
We've an opinion or two from mortgage lobbyists that Rep. Hensarling might be open to some type of government guaranty on MBS, but how he might agree to such an animal has yet to be revealed…
Read More
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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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