Commercial Mortgage Securitizations Slowed in 3Q18 but MF Surged October 26, 2018 John Bancroft Thanks to Fannie Mae and Freddie Mac, multifamily securitizations surged 44.7 percent…Read More
Freddie’s Layton: CRTs Transforming Housing-Finance System October 26, 2018 Carisa Chappell Freddie CEO Don Layton: Some 90 percent of the credit risk on multifamily mortgages is being transferred…Read More
What We’re Hearing: Cut in Half, Ellie Mae’s Share Price / 1H 2019: A Challenge / Walking the Floor of the MBA Show / A Bullish Outlook for Servicing, Non-QM Lending / If Stocks Tank Further, Good Things Might Happen / High on Chris George’s ‘To Do’ List: October 26, 2018 Paul Muolo But putting the negativity aside for a minute, there are a couple of bright spots in the industry: Servicing valuations and non-QM lending...Read More
The Final Tally for 3Q18 Originations: $435 Billion. Modest Declines Expected in the Quarters Ahead October 25, 2018 John Bancroft The mortgage market was somewhat more top-heavy in the third quarter, with the top 25 lenders accounting for 57.7 percent of total production…Read More
Short Takes: HUD Chief on GSE Reform / Carson’s Sober Take on Interest Rates / New Rez’s MSR Bet Paying Off? / In Love with a 4 Percent Mortgage / Incenter Executive Leaves for Blue Water October 25, 2018 Paul Muolo HUD Secretary Ben Carson had some sobering thoughts about low interest rates...Read More
Ginnie Mae EVP Maren Kasper: Prepays are Still a Big Problem October 24, 2018 Paul Muolo A growing concern that foreign investors might avoid Ginnie MBS?Read More
Trouble Brewing? FHA and VA Delinquencies on the Rise October 24, 2018 John Bancroft No wonder Ginnie Mae Acting President Michael Bright is nervous: Short-term default rates showed the biggest increases…Read More
Senate Banking Committee Hearing on GSE Pilots is Back On – Post Election October 23, 2018 Paul Muolo Cowen expects the next FHFA director to either terminate the GSE pilots or let them expire...Read More
Purchase Mortgages Dominate Jumbo MBS Issuance in 3Q18 October 22, 2018 Brandon Ivey Prime jumbo MBS issuance continues to be dominated by 30-year FRMs, with few interest-only products represented…Read More
More Experimentation in Non-Agency MBS Market with Issuance from Verus October 22, 2018 Brandon Ivey The structure results in principal payments to subordinate classes earlier in the transaction…Read More
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