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Mortgage Company Debt Below Par. A Bad Sign?

January 27, 2022
Paul Muolo
Institutional investors have forced down the price of mortgage company debt, making it harder for new deals to come to market. But is it the end of the world?
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Mortgage Companies Urged to Monitor Shifting Worker Expectations

January 27, 2022
Monica Hogan
As the refinance business slows, employers should be careful not to use the downturn as an excuse to cut back on compensation, hiring experts warn. Despite lower originations, LO recruiting remains a key focus.
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Despite Higher Rates, Refi Candidates Can Still Benefit

January 27, 2022
Sam Manas
While rising interest rates will dry up the pool of borrowers eligible for refinancing, there are still consumers who can lower their costs. Freddie Mac expects cash-outs to take up a larger share of refis in the short term.
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FHA Strengthens Housing Counseling Program

January 27, 2022
Monica Hogan
The Department of Housing and Urban Development announced $51.4 million in grants to 177 housing counseling agencies and the addition of four members to its Housing Counseling Federal Advisory Committee.
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Fannie/Freddie Conforming-Jumbo Business Levels Off

January 26, 2022
Brandon Ivey
Participants in the non-agency market have been gloming onto investment properties and second homes as well...
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Amherst Exec Scales Back Expectations for FHA Premium Cuts

January 26, 2022
Monica Hogan
The MMIF’s capital reserves emerged from fiscal 2021 in better shape than some might have expected given the pandemic, Abrahams said.
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As Ginnie MSRs Increase in Value, Outstandings Struggle to Grow

January 25, 2022
Brandon Ivey
The growth came from VA mortgages, with FHA servicing rights actually declining.
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A Canary in the MBS Coal Mine: Weak Trading Volume for December

January 25, 2022
Paul Muolo
The full-year trading average came in at a respectable $252.8 billion...
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Caliber CEO Heads for the Exit

January 24, 2022
Paul Muolo
As of press time, NRIC had not filed notice with the Securities and Exchange Commission regarding Das’ exit.
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JPM Tops Prime Non-Agency MBS Issuers; UWM Leads Lenders

January 24, 2022
Brandon Ivey
United Wholesale Mortgage was the top originator of securitized non-agency prime mortgages in 2021, with $13.08 billion...
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