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IMFnews

March 20, 2017

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Wholesale-Broker Channel Saw Big Gains in Agency Market Last Year

Mortgage brokers earned their biggest market share in the Ginnie Mae sector… Read More

DOJ Filing Reveals Trump Wants to Keep the CFPB, but with a ‘Removable’ Director

Attorneys with the Ballard Spahr law firm noted that, “If the DOJ gets its way, the CFPB would remain intact with a director that President Trump can replace at any time.” Read More

Bayview Packages Thousands of Vintage ‘Daily Simple Interest’ Mortgages into Non-Agency MBS

Bayview issued two similar MBS last year, totaling $467.18 million… Read More

Serial Rapid Refinancing on VA Loans Continues. Is There a Cure?

MBA’s Pete Mills noted there are a handful of lenders and brokers that specialize in quick-turn refis… Read More

Prestwick Selling $335 Million of Fannie Mae Servicing Rights

A small portion of the loans are characterized as non-owner occupied… Read More

Short Takes: Walter Retains M&A Advisor Houlihan Lokey / A Penny Stock / $902 Million of Losses / Rebranding for MountainView / Ocwen Shuffles its Board

Over the past three years, Walter Investment Management has lost a whopping $902 million... Read More

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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?

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