A Slightly Lower Profit for Freddie. Note: Higher Credit Expenses February 10, 2022 Paul Muolo and Dennis Hollier Although earnings slipped, net revenues increased to $5.57 billion from $5.25 billion in 3Q21.Read More
Redwood’s Net Income Drops by 50% February 10, 2022 Brandon Ivey Moves by the Fed and a crowded prime non-agency MBS market led to lower income for Redwood...Read More
FHFA to Replace (Calabria's) Strategic Plan February 10, 2022 Dennis Hollier Ending the conservatorships is out, saving housing finance from climate change is in...Read More
Whole-Loan Prices for Non-QMs Slip... February 9, 2022 Paul Muolo The lower pricing means MBS deals can still get done, but non-QM originators will be forced to raise their rates to make the numbers work.Read More
Lenders Seek Clarity on FHA Loan Servicing Taxonomy February 9, 2022 Monica Hogan But the trades groups also believe implementation and development of new guidance should not be rushed.Read More
Up for Grabs: $11.5 Billion of Fannie/Freddie MSRs February 9, 2022 Paul Muolo Sellers of mortgage servicing rights are striking while the iron is hot.Read More
Approaching a 4% Conventional Mortgage, Applications Fall Again February 9, 2022 Paul Muolo Might we see a 5% conventional mortgage by yearend?Read More
Ginnie Issuance Continues to Slide February 8, 2022 Monica Hogan Three of the top five government issuers in January managed to post gains...Read More
New Residential Registers An Improvement in GOS. However… February 8, 2022 Paul Muolo NRIC ended the year with an MSR portfolio sized at $483.0 billion, up 1.5% quarter over quarter.Read More
Only Have Crypto for Assets? No Problem, Says FL Home Lender February 8, 2022 Brandon Ivey Founded in 2018, the lender has so far focused on mortgages for foreign nationals.Read More
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