Publicly Traded Nonbanks Endure Another Harsh Earnings Cycle November 22, 2022 John Bancroft With interest rates steadily rising, MSR appreciation helped buoy results in the third quarter.Read More
NMLS Renewals Stumble Early On, But Then Recover November 22, 2022 Sam Manas Some advance change notices didn’t take effect...Read More
New GSE LLPA Rules Kick In Next Month November 22, 2022 Dennis Hollier The fee reductions were supposed to go into effect as soon as possible...Read More
FHA Now Accepting Private Flood Insurance Policies. Meaning? November 22, 2022 Paul Muolo The big question: Will private sector flood premiums be able to compete with the NFIP?Read More
A Study Low: Mortgage Bankers Lost $624 Per Loan in 3Q22 November 21, 2022 Paul Muolo “With prepayments and delinquencies low, mortgage servicing has been the difference for many companies between profitable or not,” said Marina Walsh...Read More
A Stunning MSR Asset Gain of 46% for Depositories November 21, 2022 Namrata Bhatia Only two of the top 10 banks reduced their MSR values in 3Q22: Wells Fargo and BofA...Read More
CFPB Keeps Up Pressure on 'Pay-to-Pay' November 21, 2022 Sam Manas In one court case, a subservicing vendor was accused of "unjust" enrichment...Read More
Maybe It’s Time to Buy Retail (Branches)? November 21, 2022 Paul Muolo The key question: What are retail branches actually worth in today's market?Read More
Higher Interest Rates Juice FHLB Earnings in 3Q22 November 21, 2022 Dennis Hollier The biggest jump was at the Cincinnati FHLB...Read More
A Steeper Production Loss in 3Q22: $624 Per Unit November 21, 2022 Paul Muolo Mortgage professionals hope the third quarter was the nadir...Read More
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