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
Banks Post Another Decline in Residential MBS Holdings in 3Q22 November 18, 2022 John Bancroft In addition, banks reported $35.6 billion of MBS in trading accounts, a significant 87.1% jump from 2Q22...Read More
Time to Worry About MSRs and Nonbank Capital? November 18, 2022 Paul Muolo Banking regulators aren’t the only ones kneading the mortgage worry beads on MSRs...Read More
MSR Market Watches for Smoke Signals From the Fed November 18, 2022 John Bancroft There's an iceberg of low-coupon MSRs out there...Read More
In a $5M Settlement, CFPB Sanctions Carrington for Violating the CARES Act November 18, 2022 Sam Manas One mortgage CEO told IMFnews we may be seeing more of these settlements in the near future...Read More
Short Takes: What, Good News? / Second That Emotion / Mad at Bullard / The MSR Auction Circuit / An Inversion Here Too November 18, 2022 Paul Muolo What's this about mortgage rates falling?Read More
FHA Ekes Out Slight 3Q22 Gain as Other MIs Fade November 17, 2022 John Bancroft The biggest problem for the PMIs: a 13.7% decline in new purchase business...Read More