Nationstar Mortgage Originations Increase
Although Nationstar Mortgage LLC swung to a huge quarterly loss on mortgage servicing rights valuations, home-loan production improved.
Impac Mortgage Originations Improve
New residential loan originations improved at Impac Mortgage Holdings Inc. In addition, the mortgage banking firm's servicing portfolio expanded.
No Draw Needed Despite Loss at Freddie
Although it suffered a first-quarter loss, the Federal Home Loan Mortgage Corp. will require no taxpayer funds. Delinquency fell to the lowest level since the summer of 2008.
Stonegate Mortgage Servicing Up, Lending Off
Although quarterly loan production and staffing descended at Stonegate Mortgage Corp., the lender managed to grow its mortgage servicing portfolio.
Ginnie Leads Rise in Agency MBS Issuance
A jump in mortgage securitizations at the Government National Mortgage Association led a month-over-month improvement in overall agency issuance last month.
Fannie's New Business at 5-Month High
Business rose to the highest level in five months at the Federal National Mortgage Association, while delinquency fell to a nearly eight-year low.
EverBank Home Lending Drops, Could Bounce Up
Like most home lenders so far this earnings season, quarterly mortgage originations declined but could rise based on new application volume at EverBank Financial Corp.
Guild Mortgage Fundings Fall, Servicing Grows
Even though home-loan production was down on a quarter-over-quarter basis at Guild Mortgage Co., the lender's residential loan servicing portfolio continued to expand.
Flagstar Mortgage Originations Up, Servicing Slips
Quarterly home lending grew at Flagstar Bancorp Inc., and indications are that further improvement is ahead. The mortgage servicing portfolio decreased.
SunTrust Originations Hold, Servicing Grows
SunTrust Banks Inc. maintained its quarterly pace of mortgage originations while expanding its servicing portfolio and growing its residential assets.