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FHFA: Loans With Appraisal Waivers More Likely to Prepay

November 23, 2022
Dennis Hollier
The relationship between waivers and prepayments began to decline in April 2021, as the refinance wave cooled.
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A Consensus Forms: Housing Prices Are Plateauing

November 23, 2022
Monica Hogan
The recent rise in interest rates has slowed the pace of home price appreciation, according to reports from Zillow, Redfin and the National Association of Realtors.
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Time for UWM to Move Servicing Inhouse? Not Really

November 23, 2022
Paul Muolo
loanDepot moved its servicing inhouse. UWM is sticking with its two subservicing vendors...
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Despite Market Churn, MSR Financing Is in Good Supply

November 23, 2022
John Bancroft
There haven’t been many capital markets deals lately because spreads are too wide, noted one panelist...
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Delinquencies Fall Yet Again, Reaching an All-Time Low

November 23, 2022
Andras Malatinszky
Mortgage late payments were down in all default categories in 3Q22, with the exception of the 60-90-day bucket...
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Additional Bulk Servicing Auctions Hit the Circuit

November 23, 2022
Paul Muolo
It may be Thanksgiving week, but Phoenix and Prestwick are out with new MSR offerings...
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Short Takes: This Time, It’s Different / A Shorter Correction Timeline? / Foreclosures Rising / Hurricane Ian / Cardinal Hires loanDepot Vet / A Few Days Off…

November 23, 2022
Paul Muolo and Sam Manas
The hope is that the origination correction will be shorter than past ones...
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Trouble in Fix-and-Flip? Some Ominous Findings from Redfin

November 22, 2022
Paul Muolo
Investor purchases slumped 26.1% on a sequential basis.
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Publicly Traded Nonbanks Endure Another Harsh Earnings Cycle

November 22, 2022
John Bancroft
With interest rates steadily rising, MSR appreciation helped buoy results in the third quarter.
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NMLS Renewals Stumble Early On, But Then Recover

November 22, 2022
Sam Manas
Some advance change notices didn’t take effect...
Read More
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