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GSE Servicing Outstanding Up Almost 18% Year-Over-Year

July 15, 2021
John Bancroft
Compared to a year ago, the GSE single-family servicing market grew a whopping 17.7%.
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The Early Results Are In: A Slight Gain in Originations, but GOS Under Pressure

July 15, 2021
Paul Muolo
It’s no secret that nonbanks have been gaining market share at the expense of the depository goliaths over the past five years...
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Higher Capital Standards: Trouble Ahead or a Good Thing?

July 15, 2021
Paul Muolo
The government wants its MBS servicers to have more cash on hand, just in case. But what about Fannie and Freddie?
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Want to Get into the MI Business? Here’s Your Chance

July 15, 2021
Paul Muolo
Mortgage insurer PMI of Arizona has put itself on the auction block. Who? And therein lies a story...
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Reading the Megabank Tea Leaves: A Decent 2Q21 for Lending

July 15, 2021
Paul Muolo
It’s earnings season and the early results indicate a decent 2Q for most but not all is rosy. Gain-on-sale margins continued to suffer.
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Shareholders Consider Their Chances Post Collins

July 15, 2021
Dennis Hollier
The Supreme Court dealt GSE shareholders a blow in Collins, but cases before a DC district court and the U.S. Court of Federal Claims may finally get before a jury.
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MBA Seeks Help to Push for Extending Remote Work

July 15, 2021
Lisa Burden
The Mortgage Bankers Association is asking organizations representing governors and state regulators for help in extending remote work flexibility for licensed loan officers.
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A Slight Gain in Originations for Wells, a Big Improvement for BofA

July 14, 2021
Paul Muolo
As anticipated, Wells suffered from stiffer competition on the home front and saw its gain-on-sale margins get clipped. However, mortgage sales revenue was bolstered by Ginnie Mae buyout activity...
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SBC GOP Demands Response from CFPB Nominee Chopra

July 14, 2021
Lisa Burden
Toomey had originally requested a response by June 21 but none was made. A new demand came on Monday.
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Dallas Fed Chief Pushes Tapering. Chances of Success?

July 14, 2021
Dennis Hollier
To be fair, Kaplan didn’t suddenly come to this conclusion. He’s been pushing the Fed to consider tapering since at least early spring.
Read More
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