Ginnie Mae Sees Promise in Blockchain Technology May 7, 2021 Maria Volkova Ginnie's dive into blockchain technology is an independent initiative and will not impact FHA/VA, the agency promised.Read More
Another Loss for Impac, Firm ‘Reengages’ with Non-QM Market May 7, 2021 Paul Muolo Personnel expenses at Impac increased 12.8% to $14.9 million...Read More
The M&A Train Has Arrived. How Far Will It Go? May 7, 2021 Paul Muolo Among those looking to buy: private-equity firms...Read More
A Sharp (and Welcome) Decline in Ginnie Delinquencies May 7, 2021 John Bancroft Late payment rates peaked in June at 11.82% as borrowers struggled with the impact of the pandemic on economic activity.Read More
New Fannie/Freddie Purchase Limits a Mixed Bag for the Non-Agency Market May 7, 2021 Brandon Ivey The shift is tied to GSE PSPA amendments, which came in January...Read More
PennyMac Taps Structured Finance Vehicle to Lever MSRs May 6, 2021 Paul Muolo Notes backed by MSRs could become plentiful if a strategy employed by PennyMac Financial and its sister company catches fire.Read More
The Fire Still Burns Bright on GNMA EBOs May 6, 2021 Paul Muolo The Ginnie early buyout game is still afoot with whole-loan auctions fanning the flames. But how much longer can the gravy train last?Read More
Blood Boils Regarding Fed Chair's Stance on NBs and CRA May 6, 2021 Powell didn’t mince words: "You see activities that had once been principally the province of banks moving into the nonbank sector."Read More
A New Entrant in Mortgage Banker Finance: SBNY May 6, 2021 Paul Muolo It’s not every day the warehouse lending arena snags a new entrant, but Signature Bank is sitting on a ton of cash in search of a home.Read More
Slow Growth in the Servicing Arena, Wells Stills Leads the Pack May 6, 2021 John Bancroft Wells Fargo once again ranked first, followed by Cenlar, JPMorgan Chase, Mr. Cooper and Quicken Loans...Read More
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