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Fannie Wraps Up CRT for the Year

December 2, 2022
Dennis Hollier
Fannie’s last CIRT transaction of 2022 covers $343 million in credit risk on $10.1 billion in single-family loans.
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Who Bought Angel Oak's Non-QM Loans? An Investor Based in Atlanta...

December 2, 2022
Paul Muolo
The loans sold for 83 cents on the dollar. Par is 100...
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REITs Report Small Gain in Residential MBS in 3Q

December 2, 2022
John Bancroft
Annaly remained the top REIT MBS holder with $81.88 billion at Sept. 30...
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Subservicing a Solid Option. However...

December 2, 2022
John Bancroft
“Now delinquencies are low,” said one executive, “but we think that in about two years it will be different.”
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Short Takes: Brokers Face the Layoff Ax Too / Wells Won’t Say / UWM’s Ishbia: Cut the FHA MIP Now / More Repo (Warehouse) Lines Reduced

December 2, 2022
Paul Muolo and Monica Hogan
A Wells spokesman would not provide specifics on the mortgage layoffs...
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Experts Discuss How Lenders Can Ride Out the Storm

December 2, 2022
Namrata Bhatia
Industry watchers shared some advice and guidance on how lenders can recoup revenue, save costs and drive loan volume in an uncertain market.
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Valuation Process Leaves Appraisals Lagging Sale Prices

December 2, 2022
Dennis Hollier
FHFA economists focus on the mechanisms driving and defining home prices.
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Placed-Based Programs Alone Won’t Close Racial Lending Gap: UI

December 2, 2022
Monica Hogan
Black and Latino households are disproportionately denied mortgages both within and outside neighborhoods of color, Urban Institute researchers have determined.
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Homepoint, Like Many, Seeks to Draw Homebuyers With Discounts

December 2, 2022
Sam Manas
The wholesale lender announced a $500 credit for borrowers seeking Fannie Mae HomePath properties. The program is one of a slew of discounts offered in the past year by lenders trying to generate volume.
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Grapevine: The Great Repo Redux / The State of Reverses

December 2, 2022
Paul Muolo
The tough origination market is resulting in additional disclosures by lenders trimming their borrowing facilities. Meanwhile, the FHA reverse lending space looks solid, at least for now.
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