Chase, Wells Originations Down Slightly in Third Quarter October 13, 2023 James Dohnert Chase and Wells Fargo reported a slight dip in overall mortgage originations in the third quarter of this year.Read More
Lakeview Tops Agency Servicers in Third Quarter October 13, 2023 John Bancroft Growth at Lakeview and Chase Home Finance finally toppled Wells Fargo as the largest agency servicer.Read More
Trade Groups Call for MBS Moves by the Fed, GSEs October 13, 2023 Brandon Ivey The Community Home Lenders of America, Independent Community Bankers of America and National Association of Realtors sent a joint letter to White House officials seeking changes involving mortgage-backed securities.Read More
Court Rulings Could Alter Clean-Up Call Practices October 13, 2023 James Dohnert U.S. Bank, a major trustee in the non-agency MBS market, was looking for guidance from a New York court.Read More
Short Takes: CFPB and DOJ on Immigration Status / New HEI Securitization / Home Prices Up in Third Quarter October 13, 2023 Brandon Ivey and James Dohnert The CFPB and DOJ issued a statement on denials of credit based on an applicant's immigration status.Read More
Ginnie Issuance Increases Slightly in Third Quarter October 12, 2023 Monica Hogan Both the FHA and VA programs saw increases, but the bulk of the growth in Ginnie issuance in the third quarter came from FHA loans.Read More
Mortgage Lock-In Easing Among Home Sellers October 12, 2023 Brandon Ivey Listing inventory improved in September though home prices fell.Read More
GSE Shareholders Face Uphill Battles in Court October 12, 2023 Dennis Hollier GSE shareholders still face challenges in recouping the losses they sustained as a result of the conservatorship and the net worth sweep.Read More
A&D, Redwood Go Bigger With Latest Non-Agency MBS October 12, 2023 Brandon Ivey The latest non-agency MBS from A&D Mortgage and Redwood Trust are larger than the previous issuance by the firms.Read More
Short Takes: Ginnie Loosens RPL Standards / Foreclosure Filings Rise / New Correspondent Lender / Fitch Upgrades Assessment of New American Funding October 12, 2023 Brandon Ivey Ginnie is offering flexibility for pooling reperforming loans in MBS.Read More