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IMFnews

July 19, 2017

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Bank Mortgage Repurchases Trend Lower

Bank of America once again reported the biggest volume of residential loan repurchases: $421 million… Read More

Most Mortgage Gripes Plunge – Except for Loan Servicing

Specialty servicers Ocwen and Ditech Financial ranked third and fifth, respectively, in mortgage complaints during the first six months of 2017, according to Inside the CFPB. Read More

2Q17 Results: A 10 Percent Gain in Originations for U.S. Bancorp

The bank’s servicing portfolio remained just about flat at June 30, coming in at $232.4 billion... Read More

PIMCO: Non-Agency Changes Needed Before GSE Reform

Over the past two years PIMCO has been a major buyer of nonprime/non-QM whole loans in the secondary market… Read More

Utah-Based Nonbank Buys Industry Vet’s First Mortgage of Oklahoma

A press statement on the sale included no production or servicing information for either company… Read More

Mortgage Applications Heat Up for the Week

Applications are heading northward again... Read More

Short Takes: A Bulk MSR Deal from MountainView / Proposed HUD Lender Fee Is Cut From Spending Measure / Invictus Readies Nonprime MBS Deal / A Promotion at loanDepot

Another nonprime MBS deal is ready to hit the market, this one from Invictus Capital Partners... Read More

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