In their first face-to-face meetings with Japanese investors since the start of the pandemic, Ginnie officials looked to assuage concerns over the U.S. housing crisis and drum up investor confidence.
Stress testing suggests that broadly syndicated loan CLOs are resilient to collateral depreciation, according to Fitch. Though DBRS expects some reduction in credit quality increased defaults.
In a few weeks, the nation’s nonbanks will begin disclosing third-quarter results. Based on what depositories have been reporting so far, the nonbanks had a trying time of it in the origination market. Surprised?
Where are home prices going? Is a recession going to lead to higher delinquencies? Mortgage industry participants are having a hard time answering these questions.
It’s been tough sledding for Finance of America this year but it has plenty of company. Then again, the shop is under extra scrutiny since it was once the property of The Blackstone Group.
A top executive in Truist’s mortgage department is moving on. Meanwhile, insiders at loanDepot keep selling shares. In a few weeks, the nonbank will release 3Q results. Should we read something into the selling?