Wells Fargo Looking for a New Correspondent Chief November 17, 2021 Paul Muolo At midyear, Wells had $34.5 billion of correspondent acquisitions, ranking third in the channel...Read More
Industry Offers Early Comments on GSE Capital Rule November 17, 2021 Dennis Hollier In general, the proposed rule would reduce the required capital for Fannie Mae and Freddie Mac by decreasing the size of the prescribed leverage buffer...Read More
Commercial REIT Stays Busy with Multiple Deals November 17, 2021 Paul Muolo An analysis of the Mosaic transaction by research firm BTIG views the acquisition positively...Read More
GSE Cash Purchases Give Way to Different Strategies November 16, 2021 John Bancroft The rule has since been suspended. However, recent MBS issuance shows a continuing impact on market behavior.Read More
Another Trip to the Debt Well for Wholesale Giant UWM November 16, 2021 Paul Muolo More companies are making a trip to the debt window while it's still open...Read More
Humans Over Robots? Survey Finds Borrowers Prefer In-Person Closings November 16, 2021 Sam Manas Some 62% of mortgagors said they preferred a mobile notary when they closed...Read More
Bulk MSR Deals from IMA and Phoenix November 16, 2021 Paul Muolo With yearend approaching, more MSR auctions are expected...Read More
Time to Cut the MIP? FHA’s Insurance Fund Ends FY21 with a Capital Ratio North of 8% November 15, 2021 Monica Hogan How long before the White House caves on a premium cut?Read More
3Q Red Ink Expected for Public-Bound Better.com. A Reorg As Well… November 15, 2021 Paul Muolo The firm estimates its gain-on-sale margin improved to as high as 197 basis points in 3Q compared to 162 bps in the second quarter.Read More
Commercial MBS Issuance Declines Again in 3Q21 November 15, 2021 John Bancroft Production was down in both non-agency CMBS and agency multifamily MBS...Read More
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