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Digital Modification May Gain Traction

June 5, 2020
Yemeng Yang
With more than 8% of mortgages now in forbearance, industry experts are exploring ways to give an added impetus to digitizing the loan-modification process.
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Impac Reenters the Lending Game, Unveils Preliminary Loss for 1Q20

June 4, 2020
Paul Muolo

The California-based lender said it has satisfied "all" margin calls and obligations under its warehouse facilities...


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Pandemic Pushes Industry to Go Digital

June 4, 2020
Yemeng Yang
Coronavirus-triggered social distancing has given an added impetus to the mortgage industry’s digital transformation efforts. The adoption of remote online notarization may be the key.
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Top-Ranked Lenders Continue to Actively Hire

June 4, 2020
Maria Volkova
United Wholesale, Quicken Loans and Freedom Mortgage are among the firms that have announced plans to fill thousands of vacancies.
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In the Face of a Pandemic, MI Firms Unveil Capital Raises

June 4, 2020
Maria Volkova
Based on two deals announced this week, it’s apparent that capital markets investors are open to investing in MI firms during the pandemic.
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Ocwen Shareholders Approve Reverse Stock Split that Could Reach 1-for-25

June 3, 2020
Paul Muolo

The ultimate goal: to reduce the number of authorized shares, which should result in a sizeable increase in the company’s share price.


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Expanded-Credit Lending Gets Caught in the Coronavirus Downdraft

June 2, 2020
Brandon Ivey

“It was a tough three or four weeks in this business,” said Steve Abreu, president of NewFi Lending...


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Corporate Landlord IH Reports Strong Rent Collections, High Occupancy Rates

June 1, 2020
Paul Muolo

Originally grubstaked by Wall Street and once the recipient of a large loan from Fannie Mae, the REIT saw the average occupancy rate of its SF units increase to a record-high 97.5%...


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On the Mend: Non-QM MBS Issuance

June 1, 2020
Brandon Ivey

Investor appetite for the MBS has been relatively strong. The Angel Oak paper was oversubscribed.


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Amid Forbearance Concerns, Ginnie Issuance Sets New Monthly Record in April

June 1, 2020
John Bancroft

Total Ginnie MBS production last month came to $61.34 billion, topping the previous record set in October 2019.


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