UWM Extends Rate Buydowns, Offering Temporary Discounts of Up to 300 BPs November 16, 2022 Paul Muolo There are different variations on the rate discount...Read More
Private Mortgage Insurers Plan for Ongoing Economic Volatility November 16, 2022 Monica Hogan Enact made selective price increases in the third quarter, a practice that continued into the next month...Read More
Foreign Nations Still Have an Appetite for Agency Securities November 16, 2022 Monica Hogan This fall, Ginnie President Alanna McCargo restarted visits to foreign investors...Read More
Short Takes: Some Turbulence for Rocket / About Those Dividends… / UWM’s Streak Will Continue / New Applications / LD Cancels JVB Line November 16, 2022 Paul Muolo UWM's CEO said he will keep paying a dividend on the common...Read More
Prime RMBS Market Flops in 3Q22: Just Five Deals Issued November 15, 2022 John Bancroft Ugly fact: There were only five deals from four different issuers...Read More
A Loss for Better.com’s Merger Partner, ‘Going Concern’ Issue Raised November 15, 2022 Paul Muolo Better’s founder and CEO Vishal Garg isn’t mentioned in the 10-Q except for some references in the footnotes.Read More
Velocity Shifting to Defensive Posture; Records Strong 3Q November 15, 2022 Namrata Bhatia Velocity, like other non-agency originators, is starting to tighten underwriting standards...Read More
Under New Ownership (Soon): Select Portfolio Servicing November 14, 2022 John Bancroft Fitch and other ratings firms last affirmed the company’s solid RMBS servicer ratings a year ago...Read More
In October, Ginnie Issuance Takes a Tumble November 14, 2022 Monica Hogan The nation’s top three issuers in October: PennyMac Financial, United Wholesale Mortgage and Freedom Mortgage.Read More
loanDepot’s Debt Price Nears the 50 Cents Threshold November 14, 2022 Paul Muolo Deeply discounted debt is not a good sign...Read More
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