Mega REITs Continue to Shed Agency MBS May 16, 2022 Paul Muolo AGNC owned $47.2 billion of MBS, down 9.6% from yearend and off a bloodcurdling 25.4% from the same period a year ago.Read More
Not Immune to an Origination Correction: the Jumbo Market May 13, 2022 Brandon Ivey An estimated $131.0 billion of jumbos were originated during the period after three quarters of elevated production.Read More
Sources: USAA Inks Large MSR Deal With Mr. Cooper. Details? May 13, 2022 Paul Muolo Those MSR acquisitions, by the way, have been prescient for Mr. Cooper...Read More
Angel Oak’s Non-QM REIT Takes a Loss in 1Q but Remains Optimistic May 13, 2022 Brandon Ivey Angel Oak held $2.7 billion of product on its books at March 31, including non-QM whole loans and investments tied to MBS.Read More
Bye Bye Bitcoin. Fannie Scotches Use of Cryptocurrencies May 13, 2022 Dennis Hollier The ban on cryptocurrencies isn’t just on the borrower side of the transaction...Read More
Purchase Lending Bolsters Primary MI Volume in 1Q22 May 12, 2022 John Bancroft Refi volume for private MIs plunged 33.9% on a quarterly basis to just $6.66 billion, or just 4.9% of NIW written.Read More
Lower Earnings at Home Point as MSR Sales Buffer the Pain May 12, 2022 Paul Muolo Home Point's gain-on-sale margin came in at 61 basis points, a slight improvement over the October-December period...Read More
Nonbanks Book Historic Gains on Their MSR Assets May 12, 2022 Paul Muolo The MSR "cookie jar" has been tapped...Read More
Senate Confirms Gordon to Lead FHA. About That Premium Cut... May 12, 2022 Monica Hogan Now that Gordon has been plated, the lobbying for a premium cut begins...Read More
Is loanDepot in Play? No Strategic Review Underway May 11, 2022 Paul Muolo and Brandon Ivey In trading Wednesday, loanDepot's shares were up slightly on the day after falling to a new 52-week low of $2.00 a unit on Tuesday.Read More
RSS