| Inside Mortgage Finance

1Q20 Servicing Losses Offset Solid Production Profitability

Hefty MSR hedging losses crushed profits on mortgage servicing in the first quarter, but mortgage bankers ended the period in better financial shape than they started it. (Includes data chart.) Read More

Banks Report Sharp Drop in Mortgage Banking Income

The first quarter of 2020 marked the lowest bank earnings on mortgage banking activity since the financial crisis. A big part of the decline came from steep losses at Fifth Third and Bank of America. (Includes data chart.) Read More

Altisource Critical of Single-Family Rental Spinoff Front Yard

After a planned merger between Amherst Residential and Front Yard Residential fell through, the head of Altisource Portfolio Solutions expressed his displeasure with Front Yard’s board. Read More

Demand for Refis Helping to Keep Profit Margins Elevated

Lenders are making money hand over fist thanks to low interest rates and the ability to complete refis while working from home. Read More

Fed to Increase Agency MBS Holdings

In his semiannual report to Congress on Tuesday, Fed Chair Jerome Powell described the MBS market as "vital to the flow of credit in the economy." Read More

Forbearance Numbers Start to Plateau as Job Market Improves

The overall forbearance rate is levelling off but loans packaged into non-agency MBS and those held in portfolio showed a relief-request reading of 10.18%, up 15 basis points. Read More

Redlining Legacy Still Contributes to Inequality

Redlining practices of several decades ago continue to have an adverse impact on black families’ homeownership rates and home equity, according to a recent study by Redfin. Read More

Servicers’ Call Volumes, Abandonment Rates Drop

Servicers have amped up their hiring and embraced virtual assistance, lowering average hold time to 1.8 minutes. Read More

Trends Grapevine: The IPO Roulette Wheel / An Open Window

Nonbank mortgage giant Quicken is contemplating an IPO. Okay, but who else? How about: Caliber and loanDepot. Read More

Inside Mortgage Trends

June 19, 2020

View Archived Issues

1Q20 Servicing Losses Offset Solid Production Profitability

Banks Report Sharp Drop in Mortgage Banking Income

Altisource Critical of Single-Family Rental Spinoff Front Yard

Demand for Refis Helping to Keep Profit Margins Elevated

Fed to Increase Agency MBS Holdings

Forbearance Numbers Start to Plateau as Job Market Improves

Redlining Legacy Still Contributes to Inequality

Servicers’ Call Volumes, Abandonment Rates Drop

Trends Grapevine: The IPO Roulette Wheel / An Open Window

Latest Imf News

UWM to Acquire Two Harbors, Eyeing Servicing

Mortgage Broker Jobs Increase in October; Others Decline

New Freddie CEO Out of Retirement After Long Term at Deloitte

Lennar’s Average Sale Price for New Homes Dropping

Featured Data

Non-Agency Jumbo Originations Slow in Third Quarter

Jumbo Servicing Volume Slightly Down in Third Quarter

Refis Lift Agency MBS to Three-Year High in November

Broker Channel Regains Some Share in Third Quarter

Featured Reports

Agency Seller-Issuer Profile: 3Q25 (PDF)

Lender Profiles 2Q25: Top 25 (PDF)

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

Mortgage Profitability Report 2Q25 (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?

Inside Mortgage Trends

June 19, 2020

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