Back in the Saddle: The MSR Market? November 6, 2020 Brandon Ivey Strong origination profits have allowed many smaller shops to hold MSRs until the time is ripe to sell... Read More
An Absolutely Blowout Quarter for PennyMac Financial November 5, 2020 Brandon Ivey On the origination side of the aisle, loan production increased sequentially by 43.9%, one of the strongest showings among the top 10. Read More
Brookfield Turns to CMBS to Finance Hotel Portfolio Acquisition November 5, 2020 Yemeng Yang The Toronto-based alternative asset manager is tapping the commercial MBS market to finance part of its acquisition of a hotel portfolio.Read More
Short Takes: Mortgage Insurance Heaven / Strong NIW from MGIC and Radian / Genworth’s Sale is Still a Go / The Election and What It Means for the Financial Sector November 5, 2020 Paul Muolo With their COVID-related charges in the rearview mirror, the mortgage insurance sector came roaring back...Read More
Mortgage Workers Returning. But Just How Many? November 5, 2020 Paul Muolo The pandemic has changed (forever) the equation of how many mortgage workers need to be in the office. Right?Read More
MFA Reducing Non-QM Funding Costs with MBS Issuance November 5, 2020 Brandon Ivey Non-QM MBS issuance is helping MFA get out of a hole after market volatility in the spring forced the REIT to take on a loan with costly terms. Read More
A 2021 GSE Loan Limit of Roughly $539,000 November 4, 2020 John Bancroft The limits would be higher for mortgages backed by 2-4 unit properties, as well as loans in designated high-cost markets.Read More
A Rarity: An Auction Notice on Bulk Ginnie MSRs November 4, 2020 Paul Muolo Signs of life in the Ginnie Mae servicing arena? Maybe. Read More
Portfolio Growth for the GSEs? Yes November 4, 2020 John Bancroft Fannie’s whole-loan portfolio increased 2.8% during the quarter, while Freddie’s grew 3.8%... Read More
HUD’s Carson Reassures on Rising FHA Delinquencies October 30, 2020 Maria Volkova The MMIF’s net worth is likely to have increased sharply in fiscal 2020. This year’s actuarial report will include stress test results. Read More
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