Servicing - Page 89 | Inside Mortgage Finance

Mortgage-Hungry Insurance Conglomerate Hits the Pause Button on M&A as Grand Jury Convenes

October 12, 2018

Eli Global’s mini-mortgage empire includes lender/servicer Castle & Cooke, wholesaler Western Bancorp, Prime Mortgage and a warehouse lending division called CapLoc…

Wells Fargo Reports a Decline in Home Lending for 3Q18. A Small Gain at JPM

October 12, 2018

Paul Muolo

JPM and Wells do not use loan brokers, avoiding the wholesale channel. Both have large warehouse lending programs and acquire mortgages from the nonbanks they also finance.

What We’re Hearing: A Cyclical Business / What Will Treasury’s Craig Phillips Say about the GSEs? / Advice From loanDepot’s Anthony Hsieh / Unsolicited Resumes from Production Employees / Jim Malloy Departs Impac Mortgage After 15 Years / PennyMac’s First

October 12, 2018

Paul Muolo

Anthony Hsieh's advice for the mortgage industry: Start selling...

Mortgage Rates Near 5 Percent. Analyst Habib Says Keep an Eye on the 10-Year Treasury

October 11, 2018

Paul Muolo

Habib told IMFnews that if yield on the benchmark breaks 3.25 percent it could quickly shoot up to 3.63 percent…

Short Takes: Why Stocks Need to Come Down / Unwinding the Massive Tax Cuts / President Hickenlooper? / Capital Alpha Weighs In / Behind the Scenes at Wells Fargo / New Hires for DIMONT

October 11, 2018

Brandon Ivey and Paul Muolo

The massive tax cuts the president and GOP bestowed on the nation late last year have spurred economic progress. It’s hard to argue with that, but...

Short Takes: Michael Bright, the Next FHFA Director? / Waiting on Senate Confirmation (Still) / A Former GSE Exec and The Play Set Scandal / Sears and Fairholme / HSBC Settles with DOJ / A New Hire at CMG Financial

October 10, 2018

Brandon Ivey and Paul Muolo

HSBC will pay $765 million to settle charges brought by the Department of Justice...

The M&A Roundup: Lots of Chatter, Not a Lot Getting Done (Yet)

October 9, 2018

Paul Muolo

Meanwhile, the largest potential deals looming over the market continue to be Ditech Financial and loanDepot…

Mortgage Analysts Look Into Their Crystal Balls and Don’t Like What They See

October 9, 2018

Paul Muolo

Analyst Henry Coffey: “It is worth noting, given expected home price appreciation, that a flat mortgage market should translate into a 4 percent or greater decline in actual mortgage unit count.”

Short Takes: Castle & Cooke? / The Fannie Mae Connection / Frater, a Good Choice to Head Fannie / LendingHome Surpasses the $3B Mark in FnF Production / NDA Hires Clayton Executive

October 9, 2018

Paul Muolo

Fix-and-flip lender LendingHome, San Francisco, has surpassed the $3 billion market in originations...

Mortgage Brokerage Firms Slash Jobs. More Carnage to Come?

October 8, 2018

Paul Muolo

With originations expected to fall, lenders of all different stripes are carefully examining their staffing needs…

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Mortgage-Hungry Insurance Conglomerate Hits the Pause Button on M&A as Grand Jury Convenes

Wells Fargo Reports a Decline in Home Lending for 3Q18. A Small Gain at JPM

What We’re Hearing: A Cyclical Business / What Will Treasury’s Craig Phillips Say about the GSEs? / Advice From loanDepot’s Anthony Hsieh / Unsolicited Resumes from Production Employees / Jim Malloy Departs Impac Mortgage After 15 Years / PennyMac’s First

Mortgage Rates Near 5 Percent. Analyst Habib Says Keep an Eye on the 10-Year Treasury

Short Takes: Why Stocks Need to Come Down / Unwinding the Massive Tax Cuts / President Hickenlooper? / Capital Alpha Weighs In / Behind the Scenes at Wells Fargo / New Hires for DIMONT

Short Takes: Michael Bright, the Next FHFA Director? / Waiting on Senate Confirmation (Still) / A Former GSE Exec and The Play Set Scandal / Sears and Fairholme / HSBC Settles with DOJ / A New Hire at CMG Financial

The M&A Roundup: Lots of Chatter, Not a Lot Getting Done (Yet)

Mortgage Analysts Look Into Their Crystal Balls and Don’t Like What They See

Short Takes: Castle & Cooke? / The Fannie Mae Connection / Frater, a Good Choice to Head Fannie / LendingHome Surpasses the $3B Mark in FnF Production / NDA Hires Clayton Executive

Mortgage Brokerage Firms Slash Jobs. More Carnage to Come?

Latest Imf News

Former FHFA Chief, HPC Not Happy With Hike in GSE Loan Limits

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Featured Data

Refinance Volume in GSE MBS Jumps in October

Nonbank Earnings Pummeled by MSR Losses in 3Q

Correspondents Gain Agency Market Share in Third Quarter

Second-Level MBS Issuance Slows in 3Q, CMO Down

Featured Reports

Top Mortgage Players: 2Q24 (PDF)

Mortgage Profitability Report 2Q24 (PDF)

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IMF Mortgage Directory: Full interactive database

Featured Poll

The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?

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The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?

Servicing
RSS