Cart

Inside Mortgage Trends

March 27, 2020

View Archived Issues

Lenders Working from Home, Servicing Sales Moot

Lenders and servicers alike are facing huge challenges due to the coronavirus, with many rising to the operational challenge. However, when it comes to MSR sales, the picture is bleak. Read More

Social Distancing Shifts the Focus to Remote Closings

Digital mortgage closings are getting renewed attention with the industry forced into social distancing to contain the coronavirus. Remote online notarization can help, though it’s not allowed in all states yet. Read More

Production Income Staggers in 4Q19, Servicing Improves

Despite a modest gain in production volume, income from originations and secondary market fell from the third to the fourth quarter. But higher interest rates stabilized performance on the servicing side of the business. (Includes data chart.) Read More

Nonbank Lenders Report Strong Earnings in 4Q19

Mr. Cooper Group and PennyMac Financial Services dominated the small group of publicly traded nonbank mortgage lenders with $525 million in net mortgage banking income for the fourth quarter. (Includes data chart.) Read More

Banks Inch Away from SFO in 4Q19; MSR Values Rise

Most of the banking sector's 1% drop in servicing for others is attributable to declining balances at Wells Fargo and JPMorgan Chase. (Includes data chart.) Read More

Zillow Puts Part of its Home-Buying Business on Pause

Zillow Group suspended home buying in the 24 markets where it operates its Zillow Offers service. Read More

First-Time Homebuyer Demographics Changing with Affordability

The first-time homebuyer share of originations has held steady for years, though the borrowers’ characteristics are changing — many are getting older. Read More

Trends Grapevine: A Roundup of All Things Coronavirus-Related

Mortgage REITs came back from the brink this week, but the sector is not out of the woods quite yet. Thanks to the coronavirus, financial uncertainty remains the watchword. Read More

Note to Subscribers

For the safety of our customers and staff, we are temporarily switching to digital-only delivery. Please use the links in this alert to access the newsletter issue or read the articles. And call or email us with any news or questions. Read More

Latest Imf News

More Imf News

Featured Data

More Featured Data

Featured Reports

More Latest Reports

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?

View Results