Bank Residential Originations Hit Hard but a Few Exceptions April 14, 2022 Paul Muolo U.S. Bank, another top-10 player in home finance, saw its home lending volume slip 34.1% from 4Q21...Read More
Fannie and Freddie Kill Minimum Credit Scores for 'Affordable' Refis April 14, 2022 Dennis Hollier Note: Borrowers must still have a credit score, which must be provided at delivery.Read More
After Facing Scrutiny, Wells Launches Refi Program for Minorities April 14, 2022 Sam Manas The program will reduce refinancing costs for pre-identified minority homeowners whose mortgages are serviced by Wells.Read More
A Steep Origination Drop for JPM in 1Q22 but a Nice Hike in MSR Values April 13, 2022 Paul Muolo JPMorgan also increased the asset value of its mortgage servicing rights portfolio to 127 basis points from 106 bps at Dec. 31.Read More
Expanded-Credit MBS Market Begins to Stir April 13, 2022 Brandon Ivey Three EC deals hit the market early this week after a nearly two-weeks of silence.Read More
Equity-Sharing Programs Gaining Momentum Over HELs April 13, 2022 Brandon Ivey How mainstream is the concept? The publicly traded Redwood Trust is among the investors that recently committed more than $1.0 billion to Point...Read More
Coming Soon: A Wave of Mortgage Retirements in the C-Suite? April 13, 2022 Paul Muolo If a true retirement wave develops, the question becomes: Who’s going to replace all the retirees?Read More
Top Originators Grew Market Share in 2021 April 12, 2022 John Bancroft 2021 marked the first year since Inside Mortgage Finance began annual originations rankings back in 1989 that three nonbanks topped the ranking.Read More
Redwood Jumps Into the Bank-Statement Loan Pool April 12, 2022 Brandon Ivey With rates rising sharply and applications suffering mightily, lenders across the nation are reassessing their menus...Read More
With Mortgage M&A Expected to Boom, Industry Vets Launch Boutique April 12, 2022 Paul Muolo Messrs. Schneider and Stein are hanging out their M&A shingle in what could be a fruitful year...Read More