Under New Ownership (Soon): Select Portfolio Servicing November 14, 2022 John Bancroft Fitch and other ratings firms last affirmed the company’s solid RMBS servicer ratings a year ago...Read More
In October, Ginnie Issuance Takes a Tumble November 14, 2022 Monica Hogan The nation’s top three issuers in October: PennyMac Financial, United Wholesale Mortgage and Freedom Mortgage.Read More
loanDepot’s Debt Price Nears the 50 Cents Threshold November 14, 2022 Paul Muolo Deeply discounted debt is not a good sign...Read More
Poised for Non-Agency Growth: CDFIs November 14, 2022 Monica Hogan CDFIs have been granted exemptions from the CFPB's ability-to-repay rule...Read More
CMBS Falters in 3Q22 but Agency Multifamily Softens the Decline November 11, 2022 John Bancroft The biggest decline was in non-agency CMBS, where issuance tumbled 30.2%.Read More
CrossCountry Circling Angel Oak’s Branches November 11, 2022 Paul Muolo Among originators, CrossCountry ranks 19th overall, according to Inside Mortgage Finance...Read More
FHFA Lowers Multifamily Loan Caps for Fannie and Freddie November 11, 2022 Dennis Hollier The regulator's move anticipates declining volume in the multifamily market, but expands support for workforce housing.Read More
Jumbo Market Clobbered in 3Q... November 10, 2022 John Bancroft Most of the top lenders in conventional/conforming recorded hefty declines, with one huge exception...Read More
Non-QM Giant Angel Oak Exits Retail, Will Focus on TPO November 10, 2022 Earlier in the week, sources informed Inside Mortgage Finance that Angel Oak was about to make a change regarding retail...Read More
UWM Chief Sees More Pain Ahead for Originators November 10, 2022 Paul Muolo For home lenders, the difficulties will continue...Read More
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