Credit Problems on Private-Money Loans? Not Yet November 30, 2022 Paul Muolo At Sept. 30, FCI subserviced $16.9 billion of loans for others.Read More
A Contrarian Idea: Commercial Lender Enters the Non-QM Arena November 30, 2022 Namrata Bhatia Stronghill will focus on non-QMs, non-agency jumbos and loans for investment purposes.Read More
A Tough Row to Hoe for Better.com November 30, 2022 Paul Muolo A historic correction in originations has marred Better's SPAC plans...Read More
2023 Fannie/Freddie Conforming Loan Limit Spikes 12% November 29, 2022 Dennis Hollier Home price appreciation has slowed of late, but year-over-year it's still up more than 12%...Read More
A Price War During a Difficult Time for Originators November 29, 2022 Paul Muolo A fair question: Will today's price breaks come back to haunt lenders tomorrow?Read More
Non-Agency Jumbo Lending Takes a Market Share Hit November 29, 2022 Namrata Bhatia Near the end of the third quarter, the average interest rate on a 30-year fixed-rate jumbo was 6.384%...Read More
Phoenix Offers GSE MSRs With a Mid-Atlantic Concentration November 29, 2022 Paul Muolo The seller wants to close the deal in early 2023...Read More
Bank ABS Holdings Decline Again in 2022 Third Quarter November 29, 2022 John Bancroft TD Bank was the biggest ABS investor overall...Read More
Retail Slumps, Third-Party Lenders Gain Ground in a Tough Market November 28, 2022 John Bancroft In 3Q22, refi accounted for just 25.6% of agency retail loans...Read More
Angel Oak Sells Underwater Non-QMs for 83 Cents on the Dollar November 28, 2022 Paul Muolo The information was contained in 8-K filed just before the Thanksgiving holiday.Read More