Non-Agency MBS Reverse Mortgage Market Perks Up September 24, 2021 Brandon Ivey The proprietary reverse mortgages in the MBS were originated by Reverse Mortgage Funding and Nationwide Equities.Read More
Fannie Returns to the CRT Fold September 23, 2021 Dennis Hollier FHFA's proposal, last week, to improve the capital treatment of CRT has already reaped dividends.Read More
What Happens to FHFA's Contract With Houlihan? September 23, 2021 Paul Muolo If the Democrats' return to power spells the end of recap and release, does FHFA still need an advisor to explain how to do it?Read More
Short Takes: Fed Sheds No Light on Taper / Freddie Clarifies Policy on Group Homes / Rams Mortgage Capital Selling Ginnie EBO Mortgages September 23, 2021 Dennis Hollier
Repurchases Decline in 2Q21 September 22, 2021 John Bancroft One institution, USAA Federal Savings Bank, accounted for most of the decline.Read More
SFA Pushes for New Standards on Non-QMs September 22, 2021 Brandon Ivey SFA CEO Michael Bright says industry needs a standards-setting organization to build non-agency MBS market.Read More
Another Leadership Shuffle at FHFA September 22, 2021 Dennis Hollier Acting Director Sandra Thompson undoes some of the organizational changes initiated by former-Direct Mark Calabria.Read More
Mr. Cooper’s Employment Will Be ‘Home Centric’ Following Pandemic September 22, 2021 Brandon Ivey More than 98% of Mr. Cooper's nearly 10,000 employees were working from home as of the end of 2020.Read More
Short Takes: Senate Set to Confirm Chopra at CFPB / US Bank to Buy MUFG / Rocket Upsizes Debt Offering September 22, 2021 Dennis Hollier and Brandon Ivey
Lending Trends Consistent Across Production Channels in 2Q September 21, 2021 John Bancroft Retail, correspondent and wholesale lending declined in the conventional-conforming and government-insured markets in the second quarter and increased in the jumbo sector.Read More