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A 2Q Market Share Gain for Correspondent Lending

August 25, 2022
John Bancroft
A handful of lenders grew their wholesale production, including Flagstar...
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While loanDepot Executives Sell Shares, Founder Hsieh Buys

August 25, 2022
Paul Muolo
Back in April, Hsieh ceded every day management of the company to new hire Frank Martell...
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Smaller MBs Affected the Most by Servicer Eligibility Rules

August 25, 2022
Dennis Hollier
One analyst believes the rule change has already contributed to further widening of spreads for Ginnie securities over Treasuries.
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MBS Trading Continues to Slope Downward

August 25, 2022
Paul Muolo
The outlook for the remainder of the year? Not so hot.
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Swing to Purchase Market Boosts Correspondent Share

August 25, 2022
John Bancroft
Correspondent originators are better at finding purchase-mortgage business, and that’s why the channel’s market share rose in the second quarter. Brokers saw the biggest decline. (Includes six data charts.)
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Subservicing Growth Faces Headwinds

August 25, 2022
Paul Muolo
For the most part, subservicing growth has been slow, thanks to booming MSR sales and some non-traditional servicing owners shifting strategies. Cenlar, though, remains the nation’s number one subservicer. (Includes data chart.)
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Slowdown in New Home Sales Adds to Lag in Mortgage Lending

August 25, 2022
Monica Hogan
Last month new home sales fell to their lowest level since January 2016. Trouble ahead, perhaps?
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While Servicing Sales Boom, Transfer Times Slip

August 25, 2022
Paul Muolo
Thanks to the spike in MSR sales this year, reviews of the underlying collateral are backing up, causing delays in portfolios being transferred to new owners. Implications?
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Analysts Eye New Eligibility Rules for Servicers

August 25, 2022
Dennis Hollier
Ginnie spreads over Treasuries have widened in the wake of the newly announced capital and liquidity requirements for nonbank servicers.
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CHLA, CMLA Merge as Key Nonbank Policy Issues Brew

August 25, 2022
Sam Manas
The merger of the two trade groups will spur more robust policy advocacy for smaller originators, according to industry insiders.
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