For Sale: $2 Billion of Ginnie Mae MSRs. High Delinquencies Though September 28, 2022 Paul Muolo The average loan balance is $254,159...Read More
GSEs Like, but Move Slowly on AI Adoption September 28, 2022 Dennis Hollier The FHFA shares the GSEs' tentativeness about AI...Read More
loanDepot’s Debt Trading at Steep Discounts September 27, 2022 Paul Muolo Except for founder Anthony Hsieh, some loanDepot insiders of late have been selling shares in the company...Read More
Correspondents Gain Share in GSE Market September 27, 2022 Brandon Ivey Wells Fargo boosted its conventional-conforming lending through correspondents by 2.7%...Read More
CoreVest Senior Leaders Depart Three Years After Acquisition September 27, 2022 Brandon Ivey In other company changes, the REIT promoted Fred Matera to chief investment officer.Read More
Fannie Pilot Aims to Turn More Renters Into Owners September 27, 2022 Dennis Hollier Reporting of on-time rent payment history is designed to help tenants develop a better credit profile...Read More
Buybacks Spiked in 2Q22 September 26, 2022 John Bancroft Sellers repurchased 20.3% more GSE loans in 2Q22 than in the prior quarter.Read More
Fannie/Freddie Supers Production Ends Slide in August September 26, 2022 John Bancroft Although secondary securitizations fell 39.3% for the first eight months of 2022, production at both enterprises spiked in August.Read More
MISMO Updates Progress on UMDP September 26, 2022 Dennis Hollier At its fall summit, the Mortgage Industry Standards Maintenance Organization summarized upcoming changes to the uniform appraisal dataset and the uniform closing dataset.Read More
Short Takes: Florida Bank Shutters National Mortgage Business; GSE Economists Remain Bearish on Economic Growth; Federal Reserve Forecasts Slightly More Optimistic September 26, 2022 Dennis Hollier Rising interest rates continue to drag on housing and economic growth.Read More
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