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Senate Banking Committee Approves Todman’s HUD Nomination

May 27, 2021
Maria Volkova
If confirmed, Adrianne Todman will be the first African-American woman to serve as deputy secretary at the HUD.
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Grapevine: An MBS Field to be Plowed: Investor Loans

May 27, 2021
Paul Muolo and Dennis Hollier
As the FHFA cracks down on investor-loan volume, opportunities are being created anew. Also, FHFA, apparently, is losing sleep over GSE CMBS. (That’s correct.)
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Grapevine: The MSR Churn Rate; Layoffs Around the Corner?

May 27, 2021
Paul Muolo
Fannie Mae is feeling slightly more bullish on the origination picture for 2021. Also: Are lenders ready to chop heads?
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Retailers and Table-Funders See Gains in 1Q21 as Refis Surge

May 27, 2021
John Bancroft

Quicken ranked as the top retail lender with an estimated $71.43 billion in first-quarter volume. Its retail market share: 5.5%...


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A Strategy: Buy a Mortgage Company and as Prices Rise, Sell the MSRs...

May 27, 2021
Paul Muolo

Additional chunks of the AHM portfolio are currently being marketed to prospective buyers.


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Short Takes: Fannie Halts Certain HLTV Purchases / A Down May and Job Cuts? / Counting the Numbers / The Big Will Prevail, Unless... / Time to Weed

May 26, 2021
Paul Muolo

One lender may move to cut 300 workers...


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Another Bulk Deal Hits the MSR Auction Circuit

May 26, 2021
Paul Muolo

MSR brokers are a busy bunch these days...


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Mixed Reviews on the CFPB's Proposed Halt in Foreclosures

May 26, 2021
Lisa Burden

Quicken, the nation’s fifth largest mortgage servicer, said consumers would benefit if processors are provided additional time and flexibility to evaluate borrowers facing hardships past the expiration of the eviction moratorium...


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Trading in Agency MBS Dips. A Canary in a Coal Mine?

May 26, 2021
Paul Muolo

On a sequential basis, trading fell 8.04% and was off fractionally from the same month a year ago.


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Non-Agency Jumbo Sector Gains Market Share

May 26, 2021
Brandon Ivey

Jumbos accounted for 9.2% of all home originations in the first quarter, an increase from 8.9% in 4Q20.


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