LO Headhunting Continues Unabated (Somewhat) November 1, 2022 Paul Muolo Hiring more loan officers, now? Mortgage bankers, at times, can be an optimistic lot....Read More
VA Proposes Revisions to Interest Rate Reduction Refi Loans November 1, 2022 Monica Hogan Comments are due Jan. 3 of next year...Read More
Expanded-Credit MBS Issuance Off by Almost 20% October 31, 2022 Brandon Ivey Angel Oak ranked second with EC MBS issuance of $579.6 million...Read More
PRMG, Others in the Hunt to ‘Sign Up’ Finance of America Branches October 31, 2022 Paul Muolo Guaranteed Rate had hoped to takeover a large chunk of the FoA network but the deal fell apart...Read More
CLO Issuance Sinks Again in 3Q22 as Refi Deals Vanish October 31, 2022 John Bancroft Palmer Square Capital Management was the top issuer of BSL deals in the third quarter with $2.40 billion...Read More
Redwood Limiting Acquisitions of Jumbo Mortgages October 28, 2022 Brandon Ivey Redwood's jumbo business operated at near a break-even level in the third quarter, though there wasn't much business to speak of.Read More
MSRs Aid PennyMac’s Performance, REIT Affiliate Posts a Profit October 28, 2022 Paul Muolo Thanks to its strong performance, PennyMac will pay a third quarter cash dividend of 20 cents a share...Read More
FHLB Trade Group Wants System Traditions Maintained October 28, 2022 Dennis Hollier When it comes to the future of the FHLBs, the Council is a traditionalist...Read More
Showing No Love for Agency MBS? Yep... October 28, 2022 Paul Muolo Some market watchers, like Barry Habib of MBS Highway, believe mortgage rates may have peaked...Read More
Mortgage Originations Take Another Body Blow in 3Q22 October 27, 2022 John Bancroft It appears that UWM now has bragging rights to being the largest originator in the land, at least based on 3Q results.Read More
RSS