Agency Delinquencies Increase in Second Quarter July 27, 2023 Brandon Ivey The total delinquency rate on agency MBS hit 2.60% at the end of June.Read More
CFPB Cites Abusive Practices in Originations, Servicing July 27, 2023 Sam Manas The CFPB noted abusive practices in the mortgage market and many other sectors.Read More
Annaly Returns to Profitability in Second Quarter July 27, 2023 Brandon Ivey The $161.2 million in net income was nowhere near enough to wipe out the $839.3 million loss the REIT took in the previous quarter.Read More
Short Takes: Home Sales Slow / No Help From the Fed / FHFA Examines Commute Times July 27, 2023 Brandon Ivey Sales of new homes declined on a month basis in June.Read More
Large GSE Servicers Gain Share in Second Quarter July 26, 2023 Dennis Hollier The 25 largest GSE servicers handled 73.7% of the servicing volume as of the end of June, up from a 72.9% share at the end of March.Read More
Income Up Sharply at Mr. Cooper in Second Quarter July 26, 2023 Paul Muolo Income at Mr. Cooper jumped from $37 million in the first quarter to $142 million.Read More
CrossCountry to Issue Its Own Expanded-Credit MBS July 26, 2023 James Dohnert CrossCountry is set to issue its first expanded-credit security created in partnership with Hildene Capital Management.Read More
PacWest to Merge With Banc of California July 26, 2023 Brandon Ivey Both banks look to be selling off residential mortgages as part of the merger.Read More
Short Takes: Home Price Plateau? / HUD Officials at NYSE / Low Downpayment Offering From Guaranteed Rate / Terra Property Trust Buys Some AGMIT Stock July 26, 2023 Brandon Ivey Home prices could decline in the coming months, according to analysts at Capital Economics.Read More
Mortgage Complaints to CFPB Down in Second Quarter July 25, 2023 Sam Manas Complaints declined by nearly 30% compared with the first quarter.Read More
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