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Despite Coming Ban, Starwood REIT to Buy Non-QMs with FHLBank Help

August 22, 2017
Brandon Ivey
Starwood didn’t disclose the volume of non-QMs it has acquired at this point.
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Wells Fargo Wins the Bid for Seneca Mortgage

August 22, 2017
Paul Muolo
Other bidders on the $53.6 billion MSR portfolio include JPMorgan Chase and New Residential…
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Jumbo Lending Increased in 2Q17, but Volume Lagging Last Year’s Pace

August 22, 2017
Brandon Ivey
Wells Fargo regained the title of the top non-agency jumbo lender in the second quarter, besting Chase…
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Morgan Stanley Declares 5.2 Percent Stake in PHH Corp.

August 22, 2017
Paul Muolo
PHH is in the throes of transforming from a business predicated on private-label originating and servicing to being mostly a subservicing vendor.
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The Final Tally for 2Q17: FHA Lending Up, VA Production Down

August 22, 2017
George Brooks
Nonbank home originators continued to dominate the top five FHA rankings...
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A New Tally: Nonconforming Originations Hit $7 Billion in 2Q17

August 21, 2017
Brandon Ivey
Our ranking of the nonconforming sector is divided among lenders that specialize in the products and those where it accounts for a small slice of production.
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Deephaven Mortgage Managing Director Brett Hively Departs; Former Quicken Executive His Replacement

August 21, 2017
Paul Muolo
Hively’s resume includes stints at Goldman Sachs (where Nichols also worked), New Century Mortgage Co., and Option One Mortgage.
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Millennials Have Major Homebuying Anxiety

August 21, 2017
Sherry Muolo
Having enough money to make a downpayment was a concern of 63 percent of millennial respondents…
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Those Incredibly Shrinking GSE MBS Portfolios – a 5.3 Percent Decline in 2Q17

August 18, 2017
John Bancroft
Today, Fannie and Freddie hold $13.50 billion of subprime and Alt A MBS. At the end of 2005, they had a staggering $258.67 billion in such assets.
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Industry Reps Use Congressional Recess to Gear Up for Fall Legislative Push

August 18, 2017
Thomas Ressler
Meanwhile, the leaders of the Senate Banking, Housing and Urban Affairs Committee have introduced S. 1751, a six-year extension bill with relatively minor reforms, as far as the Realtors are concerned.
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Latest Imf News

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Featured Data

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