March 10, 2023 | Inside Mortgage Finance

Jumbo Lending Slammed in Both Agency and Non-Agency

Agency securitization of high-balance loans fell slightly more than non-agency jumbo originations in the fourth quarter. The two markets are nearly mirror images of each other in terms of bank/non-bank dominance. (Includes three data charts.) Read More

As Profitability Wavers, Warehouse Usage Tumbles

When nonbanks hurt, so too do their warehouse bankers. Just how bad is it? Many originators in the primary market are struggling to post a profit, violating their contractual covenants. (Includes data chart.) Read More

Rocket Building Out Purchase Train; UWM Increasing Margins

To gain ground in a tough origination market, Rocket has set its sights on purchase-mortgage borrowers while United Wholesale is focusing on margins. Read More

CMG Ready to Join the $100 Billion Servicer Club

Homebridge Financial has agreed to sell most of its MSRs and its entire retail network to California-based CMG. Homebridge insists it’s not going away and is working on other transactions. Read More

Park National Bank Settles DOJ Redlining Case for $9M

The Newark, OH-based bank was accused of redlining mortgage borrowers in majority-Black and Hispanic neighborhoods of the Columbus metropolitan area. Read More

Crypto-Focused Silvergate Bank Calls It Quits

Less than a week after raising the “going concern” flag, the California lender announced plans to wind down its operations and liquidate. Read More

Title Insurers Increasingly Worried About Unregulated Alternatives

The GSEs’ endorsement of attorney opinion letters in lieu of title insurance has the title industry concerned. Read More

Grapevine: Wanted: A Large Retail Franchise / A 40-Year Loan Mod

Rocket has a huge imbalance between refinances and purchases. Will “distributed” retail help? Meanwhile, FHA rolls out its 40-year modification product. Read More

Inside Mortgage Finance

March 9, 2023

View Archived Issues

Jumbo Lending Slammed in Both Agency and Non-Agency

As Profitability Wavers, Warehouse Usage Tumbles

Rocket Building Out Purchase Train; UWM Increasing Margins

CMG Ready to Join the $100 Billion Servicer Club

Park National Bank Settles DOJ Redlining Case for $9M

Crypto-Focused Silvergate Bank Calls It Quits

Title Insurers Increasingly Worried About Unregulated Alternatives

Grapevine: Wanted: A Large Retail Franchise / A 40-Year Loan Mod

Latest Imf News

Borrower Lock-In Easing With Passage of Time

Ginnie Issuance Climbs Slightly in January

Fannie Economists See Interest Rates Staying Higher for Longer

Income and MBS Portfolio Increase at Armour in Fourth Quarter

Featured Data

Refi Lending Nearly Doubles in 4Q, Purchase Share Drops

FHA Delinquencies Rise to Pandemic Levels

Expanded-Credit MBS Issuance Slows in 4Q

New Nonbank Servicing Giant Emerges in Fourth Quarter

Featured Reports

Mortgage Profitability Report 3Q25 (PDF)

Mortgage Servicing Rights Report: 3Q25 (PDF)

IMF Mortgage Directory: Full interactive database

Agency Seller-Issuer Profile: 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?

Inside Mortgage Finance

March 9, 2023

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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?