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CFPB Will Keep Complaint Portal Public. Existing Fields Will Remain

September 18, 2019
Yemeng Yang

The CFPB will leave all previously disclosed fields intact, including consumers’ narrative descriptions of their complaints...


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Short Takes: Signs of Life in MSR Sales / $30 Billion? / Rising Rates and Falling Applications / Blackstone Pulls the Rip Cord on Invitation Homes / Slamming the Door on a GSE Pilot Program: Wow!

September 18, 2019
Paul Muolo

One source said a $30 billion bulk servicing portfolio went out for bid but was unclear whether the receivables actually traded...


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CLO Production Increased in 2Q19 but Trails 2018

September 18, 2019
John Bancroft

Issuance of deals backed by commercial real estate more than doubled from the first quarter…


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New HMDA Loan Fields Detail Business-Purpose Share, More

September 17, 2019
Brandon Ivey

Some $57.16 billion of residential mortgages with a business or commercial purpose were originated during the review period, accounting for 3.7% of total originations.


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Subprime Servicing Portfolios on the Wane. Citadel Bucks the Trend

September 17, 2019

Ocwen Financial remains the largest subprime servicer in the nation with a portfolio north of $62 billion…


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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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Latest Imf News

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