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Ginnie Mae Takes Steps to Improve Communication

March 3, 2022
Monica Hogan
The government agency has rebranded its blog as part of a broader effort under Ginnie Mae President Alanna McCargo to enhance outreach.
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Refis Down 7.4% in 4Q, Purchase Lending Down Even More

March 3, 2022
John Bancroft
The top three purchase-money lenders in 2021: PennyMac Financial Services, UWM and Wells Fargo...
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A $1.3 Billion Loss for Blackstone-Financed FoA

March 3, 2022
Paul Muolo
Grubstaked by The Blackstone Group, FoA became a public company at $10.00 a share...
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As Regulators Focus on Nonbanks, A Turf War May Emerge

March 3, 2022
Brandon Ivey
On the horizon: a possible regulatory turf war...
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Certain Warehouse Securitizations at Risk for a Downgrade

March 3, 2022
Brandon Ivey
The changes to the criteria were significant enough to prompt Moody’s to place five warehouse securitizations on review for possible downgrade...
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Scant Signs of Nonbank Mortgage M&A Activity

March 3, 2022
Paul Muolo
The first quarter ends in a few weeks and so far no top-ranked lenders have announced plans to sell. Is it just a matter of time or is something else afoot?
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Subservicing Continues to Spread, Posts Steady Gains

March 3, 2022
Paul Muolo
The trend toward servicing outsourcing is continuing amid an MSR sale boom that could gain steam in the quarters ahead. (Includes data chart.)
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Broker Countersues UWM in Breach of Agreement Lawsuit

March 3, 2022
Sam Manas
America’s Moneyline claims officials of United Wholesale Mortgage had assured the broker that provisions of the controversial “all-in” agreement wouldn’t be enforced.
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Ocwen, Ellington Optimistic About Reverse Mortgages

March 3, 2022
Monica Hogan
The sharp appreciation in home prices has lenders optimistic about the prospects for the reverse mortgage market.
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Fannie’s and Freddie’s ‘Release’ Date? See You in 2037

March 2, 2022
Paul Muolo
KBR writes, “By 2036, the Treasury's aggregate senior preferred including liquidation preference will have grown to nearly $550 billion"...
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