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Acra, Angel Oak Seeing Positive Developments in Non-QM

April 20, 2023
Paul Muolo
Interest rate trends and industry consolidation are tailwinds for big players in the non-QM market.
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Remote Work for MLOs Extends Beyond Pandemic

April 20, 2023
Monica Hogan
Montana will become the latest state to codify the authorization for remote work for mortgage company employees, effective July 1.
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Short Takes: UWM Working to Reduce Trigger Leads / Chase Brings Jumbo MBS / PIMCO Stocks Older Non-QMs in MBS

April 20, 2023
Brandon Ivey
Brokers working with UWM can now decide when they want to pull the hard credit report...
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Originations Steady at Western Alliance in First Quarter

April 19, 2023
Brandon Ivey
Western Alliance Bank's profits declined in the first quarter after asset sales similar to those that brought down Silicon Valley Bank.
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Expanded-Credit MBS Issuance Ramping Up

April 19, 2023
James Dohnert
Annaly Capital Management, A&D Mortgage and Lone Star Funds started marketing expanded-credit MBS this week.
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GSEs Find Faults in SEC’s Conflict-of-Interest Proposal

April 19, 2023
Dennis Hollier
A proposed rule from the SEC could prohibit CRT issuance by the GSEs after Fannie and Freddie exit conservatorship.
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Short Takes: Applications Decline / Foreclosures Tick Up / LendingOne to Expand Wholesale

April 19, 2023
Brandon Ivey
Mortgage demand declines as interest rates increase...
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Mortgage Complaints to CFPB Up Sharply in Early 2023

April 18, 2023
Andras Malatinszky
Complaints submitted to the CFPB regarding mortgages had declined steadily throughout 2022.
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Lenders Can’t Use AI Blindly, Advocates Warn

April 18, 2023
Sam Manas
Since the passage of the Equal Credit Opportunity Act and the Fair Housing Act, financial services providers have tried to “achieve fairness through blindness,” according to Kareem Saleh, CEO of disparity-analysis firm FairPlay.
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Non-Agency MBS, CRT Withstand Issues at Regional Banks

April 18, 2023
Brandon Ivey
Kroll Bond Rating Agency doesn't expect to take actions on outstanding non-agency MBS and CRT issuance tied to failed banks or regional banks experiencing volatility.
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Latest Imf News

  • Correspondents Increase Share of Nonconforming Production

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Featured Data

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