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The 1Q17 Tally: Jumbo Production Off by Almost 33 Percent; JPM #1 in Non-Agency Jumbos

June 8, 2017
John Bancroft
JPMorgan Chase ranked first among all non-agency jumbo originators in 1Q17, funding $10.88 billion in product. Wells Fargo was second…
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Stearns Pounces in the M&A Game, Acquires Lending Assets of Primary Capital of GA

June 7, 2017
Paul Muolo
Houlihan Lokey was PCM’s advisor on the sale.
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Robots on the Horizon for the Mortgage Industry?

June 7, 2017
Brandon Ivey
PwC estimates that by the early 2030s, up to 38 percent of existing U.S. jobs will be susceptible to automation from robotics and artificial intelligence.
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Urban Institute Expects Single-Family Rental Financing to Grow

June 7, 2017
Carisa Chappell
SFR transactions are expected to increase as investors rely more on leverage…
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Short Takes: Investors Line up for Deephaven Deal / 29 Percent with a ‘Credit Event’ / Bill Dallas Aims to Get Serious About Reverses / CHOICE Vote? / A New Hire for New American

June 7, 2017
Paul Muolo and Thomas Ressler
The deal was six-times oversubscribed, a positive for this young market...
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Will the Industry’s ‘Big Boys’ Finally Enter the ‘New’ Nonprime Market?

June 7, 2017
Paul Muolo
“Will we see the loanDepots of the world jump in?” he asked rhetorically. “There’s a lot of top lenders out there looking for innovative products to offer,” Pollock noted and left it at that.
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Mortgage Production Profit Down 61 Percent in 1Q, but…

June 6, 2017
Paul Muolo
Production profits suffered, but servicing and secondary market income increased…
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Deephaven Sets Second Non-QM MBS of 2017

June 6, 2017
John Bancroft
The credit enhancement on the triple-A bonds is a hefty 34.9 percent, according to KBRA.
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Short Takes: More Refis? Really? / A Large MSR Deal? / Non-Fed CUs Get A Break from the FHFA / Vendor M&A / Supreme Lending Targets California and New Jersey Next

June 6, 2017
Paul Muolo and Carisa Chappell
We also caught wind of a large servicing auction that took place last week. The broker on the transaction had not returned a media inquiry on the deal...
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Full House Vote on Financial CHOICE Act Imminent

June 6, 2017
Thomas Ressler
The real story is whether more modest alternative measures will be forthcoming.
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Latest Imf News

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Featured Data

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