Bayview Asset Management first acquired a stake in Guild Mortgage in 2020. BAM is on track to fully acquire the lender by the end of the year, after an effort by a competing bidder didn’t proceed.
Retail originations of mortgages by banks and thrifts sharply increased in the second quarter. The industry also reported a more modest increase in secondary-market mortgage sales. (Includes two data tables.)
Manufactured housing supply might be due to increase if the Trump administration enacts certain reforms, potentially opening a broadly untapped market for mortgage lenders.
A solid quality control program is critical to mitigating fraud risk, as well as protecting a lender’s perceived risk, according to industry attorneys.
The non-agency conduit owned by Radian is for sale. The entity started issuing MBS about a year ago and stood out among competing providers of private mortgage insurance.
Nonbank mortgage companies would continue to face reporting obligations even if earnings disclosures from public companies become less frequent, as talked about by the Trump administration.