Credit Suisse Slims Down, Apollo and PIMCO to the Rescue October 27, 2022 Sam Manas Affiliates of Apollo and PIMCO will acquire most of the bank’s securitized products group...Read More
MBA: In 2Q, the Origination Business Was a Losing Game October 27, 2022 Dennis Hollier MBA's finding on origination losses wasn't exactly a surprise...Read More
An Uptick in MBS Trading. Meaning? October 27, 2022 Paul Muolo The new reading comes during a treacherous time for the residential finance industry.Read More
MSRs Once Again Aid Mr. Cooper’s Results. A Subservicing Client Departs October 26, 2022 Paul Muolo The MSR mark came to $124 million in the third quarter...Read More
Flagstar’s Originations Decline Somewhat, Margins Improve October 26, 2022 Brandon Ivey Flagstar’s margin improved to 66 basis points from 39 bps in the April-June period.Read More
Smaller Shops Want FHFA's Help on Tech Fees October 26, 2022 Brandon Ivey While large lenders have developed their own mortgage tech systems, smaller shops are more reliant on third-parties...Read More
ABS Issuance Slumps Badly in 3Q22 Return to Normal October 26, 2022 John Bancroft Almost all sectors saw significant declines as rising interest rates and economic took their toll...Read More
Researcher Says Nonbank Financial Fragility Increasing October 26, 2022 Monica Hogan The researcher believes the uptick in financial fragility among nonbanks since 2019 has been driven by large nonbanks...Read More
MBA Chief Takes Aim at Regulators, Blames Them for Increasing Costs October 25, 2022 Sam Manas Apparently, most policymakers don't realize the dominance of nonbanks in today's origination market...Read More
FHA Loans Keep Ginnie Delinquencies Elevated. Time to Worry? October 25, 2022 Namrata Bhatia The biggest change in the FHA portfolio was in the 30-days past due category...Read More
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