August 20, 2021

Nonbank Earnings Plummet as Margins Shrink in 2Q21

A dozen publicly traded nonbanks saw combined income drop 69% from the first to the second quarter, thanks largely to shrinking production margins and unhedged MSR portfolios. (Includes data chart.) Read More

Banks Change Course and Add Servicing-for-Others

The key to a modest increase in servicing-for-others in the banking industry was the purchase of a large nonbank by Western Alliance Bank. (Includes data chart.) Read More

Mortgage Lenders Looking Beyond Traditional Products

Rocket is offering residential solar financing and installation services while New Residential is set to launch an operating company focused on single-family rentals. Read More

Surprise! Pandemic Hasn’t Made Digital Mortgages More Popular

A Fannie survey finds that most recent homebuyers used no online tools to get their mortgage. The use of some digital channels actually declined during the pandemic. Read More

Ocwen, PHH Sued Over Zombie Properties in New York State

Three New York mayors have filed lawsuits against Ocwen/PHH in an attempt to send a message to servicers to take care of “zombie properties.” Read More

Offshoring Gains Momentum Among Mortgage Lenders

Offshoring certain functions involved with originations or servicing can generate cost savings of 25% and beyond. Still, there are risks involved with the practice. Read More

Mortgage Lenders Spot Opportunities as Hispanic Population Rises

Observers point to forecasts of continued growth in the demographic, especially among young Hispanics aging into household formation and first-time home purchases. Read More

Grapevine: Delinquencies and Forbearance; Mortgage Employment

Delinquencies declined again in July, though 1.45 million borrowers are 90+ days delinquent. Mortgage employment increased in June as interest rates remained low. Read More

Inside Mortgage Trends

View Archived Issues

Nonbank Earnings Plummet as Margins Shrink in 2Q21

Banks Change Course and Add Servicing-for-Others

Mortgage Lenders Looking Beyond Traditional Products

Surprise! Pandemic Hasn’t Made Digital Mortgages More Popular

Ocwen, PHH Sued Over Zombie Properties in New York State

Offshoring Gains Momentum Among Mortgage Lenders

Mortgage Lenders Spot Opportunities as Hispanic Population Rises

Grapevine: Delinquencies and Forbearance; Mortgage Employment

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Seasonal Slump Drives Down Originations in 1Q

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Depository Servicers End Slide in Servicing Share

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Featured Reports

Mortgage Servicing Rights Report: 4Q25 (PDF)

2026 Mortgage Market Statistical Annual (PDF)

Agency Seller-Issuer Profile: 4Q25 (PDF)

Guide to Mortgage Lending to First-Time Homebuyers

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

August 20, 2021

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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?