Annaly Steps Up Expanded-Credit MBS Issuance September 15, 2023 Brandon Ivey It’s the seventh expanded-credit MBS of the year from the real estate investment trust.Read More
Nonprime Servicing Portfolios Increase in Second Quarter September 15, 2023 James Dohnert Select Portfolio Servicing was far and away the largest servicer of nonprime mortgages in the second quarter.Read More
Short Takes: Interest Rates Move Up / Home Sales Scuttled / Some Relief Expected / loanDepot Looking to Grow September 15, 2023 Brandon Ivey The average interest rate on a 30-year fixed-rate mortgage hit 7.18% this week.Read More
ARM Originations Lose Some Market Share in Second Quarter September 14, 2023 James Dohnert ARMs accounted for 13.8% of first-lien originations in the second quarter.Read More
Saluda Grade Ramps Up Home Equity Investments September 14, 2023 James Dohnert Saluda Grade has announced new funding for its HEI business and is set to issue a HELOC securitization.Read More
Startup Looks to Match Homebuyers With Assumable Mortgages September 14, 2023 Brandon Ivey Tim Mayopoulos, a former CEO of Fannie Mae, is advising Roam.Read More
CFPB Analysis Cites Concerns With Reverse Mortgage Ads September 14, 2023 Monica Hogan The CFPB examined direct mail ads for reverse mortgages.Read More
Short Takes: Chase Stocks Jumbos in MBS / Approvals in 5 Minutes / Share of ‘Overvalued’ Homes Declining / New Advisory Committee at FHFA September 14, 2023 Brandon Ivey Chase originated all of the mortgages in its latest jumbo MBS.Read More
Ginnie MBS Issuance Level in August September 13, 2023 Monica Hogan Some $36.47 billion of Ginnie MBS was issued in August, essentially level compared with July.Read More
Trade Groups Seek More Details, Delay on Capital Proposal September 13, 2023 Brandon Ivey Banking trade groups also called for a re-proposal or a new 120-day comment period.Read More
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