Servicing - Articles - Page 236 | Inside Mortgage Finance

Short Takes: A ‘Perfect Storm’ Hammered Mortgage Profits / How Bad? Try 2008 / Ocwen Grants CEO Messina Stock Awards / Colony Set to Buy PFB Mortgage / Evolve Hires Former Wells Executive as Mortgage President

April 17, 2019

The negative factors include higher rates, lower originations, and rising expenses, resulting in the lowest net production income per loan reading since 2008...

Short Takes: A Record Non-QM Quarter for Angel Oak / $9.7B Under Management / Good News for FHFA, Bad News for HUD / Filling the Holes / Take Our Servicing Trivia Test

April 16, 2019

Paul Muolo

A record production quarter for Angel Oak...

Deephaven Preps its Second Nonprime MBS of the Year

April 16, 2019

Brandon Ivey

Some 98 lenders contributed mortgages to the $369.73 million nonprime MBS, though only one was identified by rating services.

Residential Lending at Citi Drops 13% in 1Q19

April 15, 2019

Among all originators, Citi ranks 22nd overall...

Wells Fargo's First Quarter Results Suggest Mortgage Apps are Now Booming

April 12, 2019

Paul Muolo

Wells' results also suggest that better days are ahead for originators everywhere...

What We’re Hearing: Good Luck Mr. Calabria / So What’s First on the List? / Digital Mortgages, the Great Mortgage Employment Reducer? / About that 25 BPs LLPA Charge from Fannie Mae / Op-Ed by Caliber CEO Das Sets Tongues Wagging

April 12, 2019

Paul Muolo

A new op-ed from Caliber Home Loans CEO Sanjiv Das has people talking, and not necessarily in a good way...

PIMCO Issuing Non-Agency MBS Backed by Seasoned Mortgages

April 11, 2019

Brandon Ivey

It was rumored that PIMCO was considering issuing non-agency MBS backed by nonprime non-qualified mortgages but loans in the pending deal have seasoned for a number of years and the borrowers have prime credit...