Pretium’s Purchase of Fix-n-Flip Lender Included a Huge Chunk of Whole Loans November 3, 2021 Paul Muolo Anchor was owned by Wafra Capital Partners...Read More
Underwriting Update: Freddie to Also Consider Rental Payment History November 3, 2021 Dennis Hollier The two mortgage giants have devised different strategies to make sure renters have a better chance of qualifying for a mortgage.Read More
And the Winning Bidder on the Home Point Portfolio Is… November 3, 2021 Paul Muolo Looking to sell mortgage servicing rights? Now might be a good time...Read More
Slump in Agency Business Hit All Insurance Sectors November 3, 2021 John Bancroft The shift in loan purpose generally had the biggest impact on VA and uninsured volume.Read More
FHFA OIG Lists Major Challenges Ahead for the Agency November 3, 2021 Dennis Hollier The OIG report also documents the lack of continuity in the leadership of DER.Read More
Trouble Ahead? An Unsightly Increase In Early-Stage Delinquencies November 2, 2021 John Bancroft The government-insured market was under more pressure...Read More
A Strong 3Q21 Showing for New Residential as GOS Heads North November 2, 2021 Paul Muolo At Sept. 30, New Residential valued its portfolio of mortgage servicing rights at $6.56 billion...Read More
Proposed GSE Housing Goals for Multifamily Causing Anxiety November 2, 2021 Dennis Hollier The proposal also includes a new area-based subgoal designed to reduce the likelihood that GSE purchases in low-income areas go disproportionately to higher-income borrowers.Read More
Banks Report Solid Gain in Mortgage Income in 3Q November 1, 2021 John Bancroft Although new originations and loan sales declined from the second quarter, many firms said gain-on-sale margins improved.Read More
Freddie Sees 3Q21 Growth Spurt, Bulk MSR Deals Up November 1, 2021 John Bancroft Large mortgage bankers recorded a 5.2% gain in GSE servicing, while small- and mid-sized companies posted an 8.7% gain....Read More
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