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March 2, 2014

Short Takes: 55 Percent of Mortgage Firms Lost Money in 4Q? / Titan Continues to Sign Up New Correspondents / Flood Bill Moves Forward / A Clarification on Freddie / IMF Interviews HUD Secretary Donovan

By Paul Muolo and Brandon Ivey

The preliminary findings are not pretty: 55 percent of lender/servicers lost money in 4Q compared to just 4 percent for the first nine months of 2013.

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Poll

With the spring homebuying season in full swing, what percentage of your March 2017 application volume has been for “purchase” loans?

75% or higher

48%

50% to 74%

24%

30% to 49%

14%

Under 30%

14%