Inside Mortgage Trends

Mortgage Banking Turns in Third Straight Loss, But Shows Signs of Improvement

A handful of the mortgage industry’s biggest players continued to drag down industry profitability during the first quarter of 2008, but most lenders saw measurable improvement, according to a new analysis by Inside Mortgage Profitability. A representative sample... Read More

Vacant Properties Have Detrimental Effect on Neighborhoods and Lenders’ Bottom Lines

The cost of maintaining rapidly rising REO inventories is adding to lenders’ and investors’ foreclosure woes as the number of vacant homes across the country continues to rise. The latest report on homeownership from the U.S. Census Bureau shows that the nation’s... Read More

Bank of America Says It Won’t Guarantee Debt, Throwing Countrywide Merger Into Doubt

A dark cloud formed over Bank of America’s proposed acquisition of Countrywide Financial Corp. after the bank said that it may not guarantee CFC’s debt, raising the possibility that the deal could be renegotiated…or fall apart. “There is no assurance that... Read More

FHA Lending Gaining Larger Share of a Smaller Pie, But Increased Risks Could Cut Into Profitability

As lenders and investors flee to safe harbors, loans insured by the Federal Housing Administration are looking more attractive, and some think they could capture more than a quarter of the mortgage market by the end of the year. But it’s unclear how... Read More

ResCap Struggles to Stay Afloat After Six Losing Quarters; Parent GMAC Considers Options

After suffering its sixth consecutive losing quarter, Residential Capital LLC, GMAC’s mortgage finance unit, has been forced to buy back or exchange $14 billion worth of bonds as part of its strategy to stay afloat. Late last month, ResCap recorded... Read More

May 9, 2008

View Archived Issues

Mortgage Banking Turns in Third Straight Loss, But Shows Signs of Improvement

Vacant Properties Have Detrimental Effect on Neighborhoods and Lenders’ Bottom Lines

Bank of America Says It Won’t Guarantee Debt, Throwing Countrywide Merger Into Doubt

FHA Lending Gaining Larger Share of a Smaller Pie, But Increased Risks Could Cut Into Profitability

ResCap Struggles to Stay Afloat After Six Losing Quarters; Parent GMAC Considers Options

Latest Imf News

Ginnie Share of Mortgage Servicing Reaches 18.3% in 3Q

Average Home Sale Price at KB Home Drops to 2023 Level

Ginnie to Align Liquidation Reporting With GSE Standards

Non-QM Lenders Tapping AI to Automate Underwriting

Featured Data

Largest Sellers See GSE Deliveries Wane in November

Third-Party Lenders Boost Market Share in Third Quarter

Bank Mortgage Repurchases Decline in Third Quarter

Mortgage REITs Up Agency MBS, Shed Non-Agency

Featured Reports

Agency Seller-Issuer Profile: 3Q25 (PDF)

Mortgage Servicing Rights Report: 3Q25 (PDF)

Lender Profiles 2Q25: Top 25 (PDF)

GSE Repurchase Activity: Cumulative to Second Quarter 2025 (PDF Format)

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?