IMFnews

July 17, 2018

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Nonprime Mortgage Executive Calls Investor Demand ‘Unlimited’

Some Wall Street firms are now quietly extending repo lines to originators of non-QMs... Read More

Nationstar Reports 2Q18 Results: Income and Servicing Down, Originations Up

Nationstar said it continues to “evaluate significant servicing growth opportunities” and expects to end 2018 with at least $530 billion of MSRs... Read More

Despite a Slim Profit Margin, Redfin Hopes to Raise $239 Million by Selling Equity and Debt

The company released an estimate of earnings for the second quarter of 2018, forecasting a profit of $2.6 million to $3.2 million on revenues of about $142.1 million. Read More

Court Rules FHFA’s Structure Violates the Constitution. But Upholds Treasury Sweep

The court said Congress encased the regulator in layers of insulation, which limits the president’s power to remove and replace the FHFA director... Read More