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Jumbo Servicing Continues Its Steady Growth

September 16, 2019
Brandon Ivey

Ocwen Financial’s jumbo servicing portfolio nearly doubled in the past year, though that’s due to the acquisition of PHH…


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Home-Equity Lending Up 27% in 2Q19. However…

September 16, 2019
John Bancroft

In terms of new HELOC commitments for the second quarter, Bank of America led the pack with $2.77 billion, followed by Wells Fargo ($1.91 billion) and Citizens Bank ($1.50 billion).


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Banks Not Interested in Growing ABS Supply

September 13, 2019
John Bancroft

After an unusual slump in the first three months of the year, the market grew by $65.07 billion to $850.36 billion as of the end of June.


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2Q19 Surge in Wholesale-Broker Originations

September 10, 2019
John Bancroft

Brokers recorded a hefty 69.3% increase in government lending from the first to the second quarter, boosting their share of the sector to 21.4%.


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MBS Issuance Off Like a Rocket, Best Showing Since Late 2012

September 6, 2019
John Bancroft

Most of the increased GSE refi business came from rate-term deals. Delivery of these loans increased 88.6% from July to August…


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In an Ultra-Low Rate Environment, Warehouse Lenders Find Themselves Swamped

September 6, 2019
Paul Muolo

Bob Garrett, executive vice president in charge of warehouse finance at First Tennessee Bank, said he’s seen some competitors that are so overwhelmed with demand they’re turning away business.


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Banks Keep Adding to Their Mortgage Positions – With Newly Originated Loans

September 4, 2019
Paul Muolo

Jumbo specialist First Republic Bank boosted its first-lien holdings by 21.8% on an annual basis…


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Broker Share of FHA/VA Production Spikes

September 4, 2019
John Bancroft

FHA/VA lending is the segment where brokers enjoy their biggest market share. In the jumbo space, they captured just 5.0% of second-quarter volume, along with a 17.1% share in the conventional-conforming market.


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Reverse Lending Weak in 2Q19, Down 34% Compared to Last Year

September 3, 2019
George Brooks

For the first half, the top five HECM lenders were American Advisors Group, One Reverse Mortgage, Synergy One, Reverse Mortgage Funding, and Fairway Independent Mortgage…


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Expanded-Credit Lending Strong in 2Q19 but Trailed the Overall Market in Growth

September 3, 2019
Brandon Ivey

In the first half of 2019, Angel Oak was the top-ranked expanded-credit lender, with production of $1.25 billion…


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Latest Imf News

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Featured Data

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