Embrace Home Loans Hires a Deephaven Capital Markets VP to Head Product Innovation March 8, 2018 Brandon Ivey Parkes Dibble was previously vice president of capital markets... Read More
GSE Investors Twisting in the Wind March 7, 2018 Paul Muolo The way things stand today, the only GSE class of stock worth anything is the senior preferred held by Treasury.Read More
The Big Loser in the Nationstar-WMIH Merger: Uncle Sam March 7, 2018 Paul Muolo In a new SEC filing, Nationstar reveals plans to introduce new products aimed at debt consolidation…Read More
Warehouse Commitments Begin to Suffer, ‘Usage Levels’ Fall into the Ugly Zone March 6, 2018 Paul Muolo With rates rising steadily since late last year and refinancing growing scarce, nonbanks are now experiencing weak origination volumes…Read More
Impac Set to Report Fourth Quarter Results Next Week March 6, 2018 Paul Muolo The company’s largest individual shareholder is Southern California businessman Richard Pickup...Read More
Short Takes: PIMCO Shows a Strong Interest in RPLs / A Tough Profit Picture for 1Q18? / Thinning the LO Herd? / Texas Capital Weighs In / Stearns Hires Former Caliber Executive March 6, 2018 Paul Muolo Texas Capital: “Nonbank competitors may have a pricing advantage as they are not subject to the same capital maintenance requirements..."Read More
GSE Loan Buybacks Fell Sharply in 4Q17, Second Lowest Reading Ever March 5, 2018 John Bancroft Wells Fargo led the pack in GSE buyback activity for the fourth quarter…Read More
Nationstar Plans to Cut Ties to Philippine Vendors, Cites Political and Economic Risk March 5, 2018 Paul Muolo India and the Philippines “are subject to relatively higher degrees of political and social instability and may lack the infrastructure to withstand political unrest or natural disasters,” Nationstar said.Read More
The Seasonal Downturn Strikes: GSE Production Declined in February March 5, 2018 John Bancroft Business levels at the two were not the same: Fannie MBS issuance was down 14.1 percent from January, while Freddie production was up 0.5 percent… Read More
The SFIG Roundup: Market Participants Confident, Record Attendance. What Could Go Wrong? March 2, 2018 Brandon Ivey Issuance is increasing across various asset sectors, with many sponsors reporting improved pricing and growing interest from investors…Read More