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Short Takes: Gain-on-Sale Let-down? / About Those MSR ‘Marks’... / Ocwen Attorney Joins Philly Law Firm / Go with the ‘Waterfall’ / Vegas-Based Lender Hires Sales Chief

January 10, 2017
Brandon Ivey and Paul Muolo
As gain-on-sale margins decline, MSR marks will rise...
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The Love Affair Continues: First-Lien Holdings at Banks and Thrifts Up Again in 3Q16

January 10, 2017
Brandon Ivey
Third-ranked Bank of America had the slowest growth among the three banks, with a $189.1 billion portfolio as of the end of the third quarter…
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Nationstar Hires Capital One Executive Patel as EVP and Chief Risk Officer

January 10, 2017
Paul Muolo
Patel also will serve as a member of the lender's executive management team.
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A Wide Variety of Denial Rates Among Jumbo Originators

January 9, 2017
Brandon Ivey
Some 30 percent of jumbo application denials were tied to debt-to-income ratios, compared to 15 percent for all loan types.
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HUD Makes It Official: Annual MIP Will be Cut by 25 BP on Jan. 27

January 9, 2017
Paul Muolo
The change – whose likelihood was first reported by Inside Mortgage Finance last Thursday – affects new loans with a closing/disbursement date of Jan. 27, 2017.
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Tozer on Ginnie Mae MBS Demand: ‘I Wish I Could Make More’ [Securities]

January 9, 2017
Paul Muolo
Presently, Japan is the volume leader in Ginnie ownership at roughly $204 billion…
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In Limbo: the ‘Prime’ Non-Agency MBS Market

January 9, 2017
Brandon Ivey
Some $1.57 billion in prime non-agency MBS were issued in the fourth quarter, down 61.3 percent…
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AMC Acquires Origination and Servicing QC Services from Stewart

January 9, 2017
Brandon Ivey
AMC acquired Stewart’s residential due diligence and servicing functions, including credit, compliance, origination and servicing quality control reviews.
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HUD Trims FHA MIP by 25 BPs. But Can (and Will) Trump Block It?

January 9, 2017
Paul Muolo
Why the change of heart? For most of last year, HUD and FHA officials nixed the idea of cutting the premium…
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Carson’s Inexperience Could be Front and Center at HUD Confirmation Hearing

January 9, 2017
George Brooks
One big positive for lenders: the mortgage industry could see a reduction in new rule-making from HUD and perhaps a reversal of certain regulations promulgated during the Obama administration.
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Latest Imf News

  • Agency MBS Issuance Declines by 17% in February

  • Losses Increase at loanDepot in Fourth Quarter

  • Interest Rates on Mortgages Rise Amid Iran Conflict

  • Mortgage Tech Vendor Blend Takes Loss in Fourth Quarter

More Imf News

Featured Data

  • Bank Servicing Declines in 4Q, MSR Fair Values Up

  • Mortgage-Banking Earnings at Banks Level Off in 4Q

  • Fannie Mae, Freddie Mac Profits Decline in 2025

  • Home Equity Loan Securitization Growth Levels Off

More Featured Data

Featured Reports

  • IMF HMDA Dashboard: 2024

  • Top Mortgage Players: 3Q25 (PDF)

  • Lender Profiles 3Q25: Top 25 (PDF subscription)

  • Mortgage Profitability Report 3Q25 (PDF)

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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