Nonprime Servicers Expand Portfolios in 2021 March 8, 2022 Brandon Ivey Select Portfolio Servicing remained the largest nonprime servicer at yearend with estimated balances of $133.0 billion...Read More
A Field to be Plowed: VA Cash-out Refis March 8, 2022 Monica Hogan VA cash-out refis allow borrowers to access up to 100% of the equity in their home...Read More
Fannie, Freddie Servicing Rights Go Out For Bid March 8, 2022 Paul Muolo Final bids are due in mid March.Read More
A Nice Bounce Back for Expanded-Credit Lending in 2021 March 7, 2022 Brandon Ivey Participants in the sector view the small market share as a sign there’s plenty of room for growth...Read More
Lenders One Teams Up With Walmart March 7, 2022 Sam Manas Lenders One also recently launched a credit reporting agency...Read More
Subservicing Continues to Spread, Posts Steady Gains in 4Q March 7, 2022 More private equity shops, such as Marlin Mortgage Capital, are entering the MSR ownership circle but want someone else to process their loans...Read More
FHA Denial Rates Outpace Underlying Risk, Study Finds March 7, 2022 Monica Hogan HUD said disparities also cannot be explained away by “other elements of underwriting," such as under-appraisals...Read More
The Winter Tally: Agency MBS Production Falls Sharply in February March 4, 2022 John Bancroft The 21.5% decline in agency single-family MBS production in February may signal a deeper shift in mortgage market tectonics...Read More
As Lenders Cut Heads, a Migration to Loan Brokerage Shops? March 4, 2022 Paul Muolo "Massive" layoffs by mortgage bankers? That's how one CEO sees it...Read More
Where's the Mortgage M&A Boom? March 4, 2022 Paul Muolo One advisor said he’s not seeing much activity out there right now, but offered: “That doesn’t mean much — there may be a bunch of deals on the horizon.”Read More
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