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No Respite for FHLBanks in 2Q21 from COVID Beating

August 24, 2021
Dennis Hollier
The FHLBanks’ poor performance has been largely driven by plummeting asset levels.
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Banks Favor GSE Paper as Industry Pads MBS Holdings

August 23, 2021
John Bancroft
Year-over-year, Bank of America increased its MBS holdings by a stunning 82.5%.
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The Coming Mortgage M&A Tsunami?

August 23, 2021
Paul Muolo
The mortgage industry has seen this movie before...
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More Ginnie Mae MSR Deals Find Their Way to Market

August 23, 2021
Paul Muolo
The Prestwick offering has collateral is located in 30 states, with Texas and Arkansas homes leading the pack. Bids are due Sept. 8.
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Pushback on GSE PSPA Amendments Intensifies

August 20, 2021
Dennis Hollier
Trade groups give Treasury and FHFA officials an earful on the damage caused by changes to the preferred stock purchase agreements.
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Banks Change Course and Add Servicing-for-Others

August 20, 2021
John Bancroft
The key to a modest increase in servicing-for-others in the banking industry was the purchase of a large nonbank by Western Alliance Bank. (Includes data chart.)
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Ocwen, PHH Sued Over Zombie Properties in New York State

August 20, 2021
Lisa Burden
Three New York mayors have filed lawsuits against Ocwen/PHH in an attempt to send a message to servicers to take care of “zombie properties.”
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Mortgage Lenders Spot Opportunities as Hispanic Population Rises

August 20, 2021
Monica Hogan
Observers point to forecasts of continued growth in the demographic, especially among young Hispanics aging into household formation and first-time home purchases.
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CSBS Welcomes Ginnie RFI Extension on Capital Levels

August 19, 2021
Monica Hogan
Ginnie Mae no longer expects changes to eligibility requirements to take effect for calendar year 2021 audited financial statements.
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ESG Factors Gaining Importance in Securitization Ratings

August 19, 2021
Lisa Burden
While ESG factors have mattered since the 1990s, KBRA analyst Eric Thompson said questions such as whether an asset will be impacted by rising sea levels are gaining more prominence.
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