Mortgage Securitization Rate Nudged Higher in 2015, But Below Post-Crisis Norm March 24, 2016 John Bancroft An estimated $1.21 trillion of newly-originated home loans were pooled in mortgage securities last year.Read More
In New Era of LO Comp, Nonbanks Have the Edge. Can Banks Even Compete? March 24, 2016 Thomas Ressler Employment and pay prospects are looking up for loan brokers as well.Read More
NAR Seeks Support for Bill That Would Protect G-Fees March 24, 2016 Carisa Chappell “Mortgage g-fees should only be used as a buffer against mortgage defaults, not as a piggy-bank for increased government spending,” said NAR chief Salomone.Read More
MBS Liquidity Improves, but for How Long? March 24, 2016 Paul Muolo If stocks tank, look for yet another bond market rally.Read More
Short Takes: Freddie Continues to Unload NPLs / Lone Star Wins Again, Rushmore Too / SWBC in a Hiring Mode / The Search for a Home Starts Online March 24, 2016 Carisa Chappell and Paul Muolo SWBC is looking to hire 40-plus technology workers.Read More
Mortgage Debt Rising Again, but Falls Just Short of the $10 Trillion Mark March 24, 2016 John Bancroft The GSEs’ retained portfolios are shrinking, but whole-loan investments held by banks and credit unions are not.Read More
GOP Moves to Kill Overtime Exemption, A Move That Would Affect Mortgage Professionals March 24, 2016 George Brooks Then again, there are doubts the legislation will ever be enacted.Read More
Five Oaks Facing Troubles Financing Purchases of MBS; Little Demand for New Jumbos March 24, 2016 Brandon Ivey Five Oaks’ jumbo conduit also has faced headwinds due to a lack of demand for new jumbo MBS.Read More
Mortgage M&A Speculation Heats Up. Can PHH be Sold? Flagstar? March 24, 2016 Paul Muolo Private equity firms, of course, are not known for holding their investments forever. Read More
More Servicing Deals Hit the Market; IMA Ready to Announce Three Transactions March 24, 2016 Paul Muolo Prestwick is out with a flow package that could yield $360 million to $480 million annually in Fannie Mae product.Read More