Grapevine: The Road Ahead / Impac’s Future September 8, 2022 Paul Muolo, Monica Hogan, and Sam Manas The mortgage industry is facing challenging times, thanks, in part, to the Fed’s constant rate hikes. Fighting inflation is a laudable goal but lenders wonder how badly the housing-finance system might be damaged.Read More
Purchase-Money Lending Buoyed by Rookies. UWM Ranked First in Category September 8, 2022 John Bancroft Megabanks Wells Fargo and JPMorgan Chase ranked second and fourth, respectively, among purchase lenders in 1H22...Read More
The Mortgage Correction: What Inning Are We In? September 8, 2022 Paul Muolo A reminder of 2008 or something else entirely?Read More
Is it 2023 Already? No, But UWM (Like Someone Else) Hikes Conforming Loan Limits Early September 8, 2022 Paul Muolo A possible trend: hiking GSE loan limits prior to the new year...Read More
GSE Second-Home Financing Falls Off a Cliff in 2Q22 September 7, 2022 Brandon Ivey Some $13.57 billion of conforming jumbos went into GSE MBS in the second quarter...Read More
Sprout Mortgage’s West Coast Team Finds a New Home September 7, 2022 Paul Muolo Sprout's owner presently is trying to sell his penthouse on Park Place in Manhattan for $26.5 million...Read More
Nonbanks Joining the FHLBs? No, Says ICBA September 7, 2022 Paul Muolo ICBA says it looks forward to working with regulators on FHLB policies. However...Read More
Down Sharply: Ginnie Mae Buyout Activity September 7, 2022 Monica Hogan The top three Ginnie Mae servicers ranked by loan removals: Freedom Mortgage, Lakeview, PennyMac Financial Services...Read More
Short Takes: Rocket Hikes Conforming Loan Limits for Brokers / A Drop in New Business / Texas Capital Selling Sub for $3.4B / The Top Three EC Shops / A New Hire for Blend September 7, 2022 Paul Muolo Rocket ups its game in wholesale...Read More
A Bright Spot Appears: The HECM Niche September 6, 2022 Refinances accounted for more than half the volume...Read More
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