What Michael Bright’s Resignation Might Mean for GSE Reform January 11, 2019 Paul Muolo The odds of GSE “recap and release” becoming a reality just went down…Read More
Non-Agency MBS Issuance Faded in Fourth Quarter January 11, 2019 John Bancroft The ECM sector was one of the few that recorded MBS production gains during the fourth quarter…Read More
CFPB Report Raises Questions about Non-QMs, DTIs, Servicing and More January 11, 2019 Brandon Ivey and Yemeng Yang The CFPB determined the ATR rule has reduced lending to some extent to borrowers with high debt-to-income ratios…Read More
Private MI Volume Slumped in 4Q18 Fannie/Freddie MBS January 10, 2019 John Bancroft Fannie and Freddie securitized $66.89 billion of single-family loans with private MI coverage during the fourth quarter…Read More
Short Takes: UWM Removes LLPAs on Certain Loans / New Mortgage Applications Come Roaring Back / Tempering Optimism with a Government Shutdown / Seterus’ Leslie Peeler? / Complaints Registered January 9, 2019 Paul Muolo Four years ago, Leslie Peeler, the Fannie Mae senior vice president in charge of the GSE’s servicing decisions, left the mortgage giant for Seterus. Read More
Angel Oak Expects Sustained Non-QM Growth in 2019 January 9, 2019 Brandon Ivey The non-QM market is booming, said Angel Oak executive Tom Hutchens…Read More
Short Takes: $249 Million in Mortgage Payments at Risk? / Will Trump Order Fannie and Freddie to Stand Down? / Assessing Mark Calabria / Lovell Buys ATTOM / LoanLogics Hires Mortgage Tech Vet January 8, 2019 Paul Muolo, Brandon Ivey, and Namrata Bhatia Overwhelmingly, industry analysts expect Mark Calabria to shake things up at the Federal Housing Finance Agency – that is, once he’s approved by the full Senate. Read More
The Final Ginnie Mae Issue Tally for 2018: $388 Billion January 8, 2019 George Brooks Feeding the decline was an 18.8 percent sequential drop in VA purchase loans…Read More
loanDepot Hires Caliber Executive John Bianchi to Head National Sales January 7, 2019 Paul Muolo loanDepot founder and CEO Anthony Hsieh: “We believe in distributed retail…”Read More
Non-Agency MBS Issuance Nearly Doubled in 2018 January 7, 2019 Brandon Ivey JPMorgan Chase and Redwood Trust are the dominant issuers of non-agency MBS…Read More
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