Inside Mortgage Trends

Mortgage Banking Profits Begin to Recover; Some Bottom Lines Aided by Accounting Rule

Preliminary data suggest that mortgage bankers are seeing some recovery in profitability in early 2008, aided in some cases by newly adopted accounting rules. An Inside Mortgage Profitability analysis of first quarter earnings filed by 17 lenders indicates... Read More

Wall Street Supports Bond Insurers Despite Ambac’s Loss on Mortgage Obligations

The stock prices of most major bond insurers rebounded late in the week after falling sharply in the wake of Ambac Financial Group’s announcement that it lost $1.66 billion after setting aside $1 billion to cover future payouts on mortgage bonds... Read More

Countrywide’s Mortgage Insurance Captive Garnered a Third of Premiums in 2007

Countrywide Financial raked in $308.1 million in private mortgage insurance premiums ceded by the industry’s seven private MIs during 2007, according to a new analysis of MI regulatory filings by Inside Mortgage Profitability... [Includes one chart and one graph] Read More

Wachovia Raises Capital, Adjusts Underwriting and Modeling in Wake of Losses on Option ARMs

After posting a $350 million loss for the first quarter of 2008, Wachovia last week sold $8.05 billion in stock options to boost investor confidence in the company, and pledged to tighten underwriting on the option adjustable-rate mortgages that were... Read More

Bank Executives Predict Increased Delinquencies, Indicate Greater Interest in Reverse Mortgages

A majority of bank executives expect that loan delinquencies will continue increasing in 2008 and consumer demand for mortgages will continue decreasing, while executives at larger banks are more concerned about the impact of the ongoing credit... Read More

Post-Merger Countrywide Will Abandon Subprime, Option ARMs and Most Low-Doc Lending

Once Bank of America completes its acquisition of Countrywide Financial, it will bar all subprime lending, most low-documentation loans and all option adjustable-rate mortgages from the product line of the new mortgage giant. BofA, which is expected to... Read More

April 25, 2008

View Archived Issues

Mortgage Banking Profits Begin to Recover; Some Bottom Lines Aided by Accounting Rule

Wall Street Supports Bond Insurers Despite Ambac’s Loss on Mortgage Obligations

Countrywide’s Mortgage Insurance Captive Garnered a Third of Premiums in 2007

Wachovia Raises Capital, Adjusts Underwriting and Modeling in Wake of Losses on Option ARMs

Bank Executives Predict Increased Delinquencies, Indicate Greater Interest in Reverse Mortgages

Post-Merger Countrywide Will Abandon Subprime, Option ARMs and Most Low-Doc Lending

Latest Imf News

Mortgage Applications Decline for Third Consecutive Week

Residential Mortgage Securitization Rate Steady in 2025

CHLA Expects More Price Increases for Credit Scores

Capital Requirement Re-Proposal Might Not Bring Banks Back

Featured Data

Ginnie MBS Issuance Sees Seasonal Plunge in February

Non-Agency Jumbo Lending Flourished in 2025

Jumbo Servicing Volume Grows in Fourth Quarter

Plenty of Investors Ready to Cover Fed’s MBS Retreat

Featured Reports

Agency Channel Analysis: 4Q25 (PDF)

IMF Mortgage Directory: Full interactive database

IMF HMDA Dashboard: 2024

Top Mortgage Players: 3Q25 (PDF)

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?