Redwood Ramps Up Jumbo MBS Issuance January 3, 2024 Brandon Ivey The planned $440.9 million issuance is the largest jumbo MBS from Redwood in more than a year.Read More
Chopra Faces Scrutiny on International Meetings January 3, 2024 Sam Manas In 2023, CFPB Director Rohit Chopra met with dozens of representatives of foreign government bodies, as well as some stakeholder advocates in other countries.Read More
Potential Homebuyers Face Hurdles Beyond Interest Rates January 3, 2024 James Dohnert Home price appreciation and concerns about the economy look to be outweighing the recent decline in interest rates.Read More
Short Takes: MSR Buyers Still Hungry / Applications Slow / Some Home Price Depreciation Expected / Expanded-Credit MBS From Annaly January 3, 2024 Brandon Ivey The industry expects robust bulk MSR trading during the first quarter.Read More
William Erbey New CEO of Altisource Asset Management January 2, 2024 James Dohnert Erbey's CEO role will include a base salary of $50,000 per year and no other forms of compensation.Read More
Banks Increase Holdings of MBS/ABS in Trading Accounts January 2, 2024 John Bancroft Total residential MBS holdings rose 6.3% to $384.87 billion and ABS holdings, while much smaller, were up 20.4%.Read More
First American Recovering From Cyber Incident January 2, 2024 Brandon Ivey First American stressed that all funds associated with the company were secure.Read More
FHLBanks Could Lose Some Members Under FHFA’s Planned Changes January 2, 2024 Dennis Hollier To obtain FHLBank membership, an institution must hold at least 10% of its assets in residential mortgage assets.Read More
Short Takes: Pending Home Sales Level / Home Prices Climb / Commercial MBS Delinquencies Decline January 2, 2024 Brandon Ivey Lower interest rates didn't translate into higher home sales in November.Read More
Home Equity Lending Declines by 4% in Third Quarter December 22, 2023 Brandon Ivey An estimated $51.0 billion of closed-end second liens and home equity lines of credit were originated in the third quarter.Read More