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A Study Low: Mortgage Bankers Lost $624 Per Loan in 3Q22

November 21, 2022
Paul Muolo
“With prepayments and delinquencies low, mortgage servicing has been the difference for many companies between profitable or not,” said Marina Walsh...
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A Stunning MSR Asset Gain of 46% for Depositories

November 21, 2022
Namrata Bhatia
Only two of the top 10 banks reduced their MSR values in 3Q22: Wells Fargo and BofA...
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CFPB Keeps Up Pressure on 'Pay-to-Pay'

November 21, 2022
Sam Manas
In one court case, a subservicing vendor was accused of "unjust" enrichment...
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Maybe It’s Time to Buy Retail (Branches)?

November 21, 2022
Paul Muolo
The key question: What are retail branches actually worth in today's market?
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Higher Interest Rates Juice FHLB Earnings in 3Q22

November 21, 2022
Dennis Hollier
The biggest jump was at the Cincinnati FHLB...
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A Steeper Production Loss in 3Q22: $624 Per Unit

November 21, 2022
Paul Muolo
Mortgage professionals hope the third quarter was the nadir...
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Maybe It’s Time to Buy Retail (Branches)?

November 18, 2022
Paul Muolo
It's a tough origination market, that's for sure. But when times are tough, opportunities can present themselves. Is now a time to buy retail branches from shops that are struggling? If the price is right, yes.
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Multi-Pronged Help Can Boost Black Homeownership

November 18, 2022
Monica Hogan
The homeownership rate among young Black adults who completed college is lower than that among young white adults who didn’t finish high school, according to a new report from the Urban Institute.
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FHFA: Pandemic Housing Market Was Surprisingly Complicated

November 18, 2022
Dennis Hollier
COVID sent home prices soaring and sped up sales. But it also created a spike in the proportion of homes removed from the market.
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Single Borrowers Benefit More From Forbearance, UI Finds

November 18, 2022
Sam Manas
Single borrowers were more likely to use forbearance programs during the pandemic than coborrowers and were disproportionately helped by them, the Urban Institute found.
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