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Despite the Pandemic, First-Time Homebuyers Remain a Force

June 11, 2020
John Bancroft

The flow of first-time buyer loans was up 20.0% from the first five months of 2019...


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Deephaven, Vista Point and Redwood Prep Non-QM Deals

June 11, 2020
Brandon Ivey

The planned MBS will be stocked with mortgages originated earlier this year, before volatility paused non-agency MBS issuance.


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Servicers Face Compliance Risks on Credit Reporting

June 11, 2020
Yemeng Yang
Inconsistent guidance regarding credit reporting during the pandemic may lead to heightened compliance risks for mortgage servicers.
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Lenders Remain Optimistic About Purchase-Market Recovery

June 11, 2020
Maria Volkova
With the reopening of states, lenders are optimistic the purchase-mortgage market will stabilize.
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Wells Brings the Second Jumbo MBS Deal of 2Q20

June 10, 2020
Brandon Ivey

Wells Fargo is maintaining its steady issuance of jumbo MBS while other issuers largely avoid the market.


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Banks See a Huge Drop in Servicing For Others. However…

June 10, 2020
Paul Muolo

Depositories reported $3.360 trillion of servicing for others on their books at the end of March, down a stunning $244.76 billion from 4Q19...


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Life Stirs in M&A, Guaranteed Rate Arrives on the Scene as a Buyer

June 9, 2020
Paul Muolo

The nation's 16th largest originator is pondering acquisitions of all different sizes...


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Credit Scores Reflecting COVID-19 Relief Raise Concern

June 8, 2020
Yemeng Yang
Even though the CARES Act grants relief from adverse credit reporting, some borrowers in forbearance plans have complained of a drop in their credit scores.
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Dems Press Federal Agencies to Do More Than Share Information

June 8, 2020
Yemeng Yang
Democratic senators have called upon the CFPB and the FHFA to immediately address trends to better facilitate fair lending oversight.
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Industry Lists Data Protection as Top Priority for Task Force

June 8, 2020
Yemeng Yang
Some trade and consumer groups also expressed concerns over the timing of the request for information, calling upon the CFPB to extend the comment period.
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