Better.com Founder Garg Says Lender Committed to ‘Greater Capitalization’ August 23, 2022 Paul Muolo Better, which remains privately held, has yet to release its 2Q22 results.Read More
With Former Wall Streeter in Charge, Altisource Emphasizes Bridge Loans, DSCR August 23, 2022 Brandon Ivey The CEO discouraged observers from comparing AAM’s operations to those of traditional non-agency aggregators...Read More
FHFA Tweaks GSE Multifamily Goals for 2023-24 August 23, 2022 Dennis Hollier The new benchmarks are based on the percentage of affordable units, rather than the absolute number...Read More
Bank Appetite Boosted Jumbo Production in 2Q22 August 22, 2022 Brandon Ivey The top three jumbo lenders in 2Q22: Wells Fargo, JPMorgan Chase and Bank of America...Read More
Like Its Common, loanDepot’s Debt is Heavily Discounted August 22, 2022 Paul Muolo loanDepot, the nation's seventh largest home lender, is seeing its debt get heavily discounted...Read More
Equifax Credit Score Snafu May Have Had Wider Impact August 22, 2022 Dennis Hollier Fannie Mae said it’s still working with Freddie and the FHFA to “assess the impact" of the incident...Read More
Stung by Valuations, Bank MBS Portfolios Shrink August 19, 2022 John Bancroft One positive development: Bank holdings of Ginnie Mae pass-throughs and non-agency MBS increased slightly in 2Q22...Read More
The Purchase Price for a Four-Year-Old MSR Analytics Firm: $101 Million August 19, 2022 Paul Muolo The purchase price includes $30 million in cash...Read More
Cenlar Beefs Up Its Default Team...to Please the OCC? August 19, 2022 Among those who have joined Cenlar is Adam Saab from CitiMortgage and Adam Wood, who worked at Mr. Cooper...Read More
Ginnie Mae Eyes Expansion of FHA-HFA Risk-Share Program August 19, 2022 Monica Hogan Originally launched in 2014, the FFB Risk Share Initiative was created to reduce the cost to finance FHA multifamily loans...Read More
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