IPO-Bound Nonbank Revealed as MSR Seller February 18, 2021 Paul Muolo Caliber, as a technical matter, still plans on selling shares to the public. But the company also is in the market with a huge flow deal. Confused?Read More
AmeriHome Pushes the Sale Button. More Deals En Route? February 18, 2021 Paul Muolo When rates rise, all sorts of things can happen, like IPO-bound firms opting for a sale instead.Read More
A Sequential Profit Drop for loanDepot but Shares Rally February 18, 2021 Talk about a rollercoaster ride: loanDepot came out at $14 a share last week and at one point almost reached $40. Read More
Grapevine: Rising 10-Year; GSEs Still Expanding Their Workforce February 18, 2021 Paul Muolo Treasury yields continue to rise. Will mortgage rates follow? Meanwhile, Fannie and Freddie lament the competition for top talent.Read More
TPO Channels Post Gains at Expense of Retail February 17, 2021 John Bancroft The top retail lender was Quicken, while UWM took top honors in table funding...Read More
Wells Fargo Resumes Third-Party Jumbo Originations February 17, 2021 Brandon Ivey In mid-January, Charles Scharf, president and CEO of Wells, had indicated the bank was ready to resume activity on correspondent basis, but was noncomittal. Read More
Forbearance Tally Lowest Since April of Last Year February 16, 2021 Paul Muolo MBA cited improvements in Fannie Mae/Freddie Mac and Ginnie Mae loans as the driver behind the better readings.Read More
FHA/VA Foreclosure and Eviction Moratoriums Extended Once Again February 16, 2021 Maria Volkova The new timeline moves the moratorium's expiration from March 30 to June 30...Read More
Despite Employee Buyout Offers, GSE Headcount Keeps Growing February 16, 2021 Paul Muolo The filings also reveal the frustrations the two mortgage giants are having finding experienced workers during the mortgage boom...Read More
Refi Train Carries FHA/VA Lending to a Stunning New Record February 14, 2021 John Bancroft The year just-ended brought two huge changes to the government-insured market. First, the VA established itself as the dominant program...Read More
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