Balbec Affiliate Readies MBS With Loans From (Now-Deceased) Sprout September 29, 2022 Brandon Ivey It's likely Balbec paid well below par for the Sprout loans...Read More
GOP Senators Warn CFPB's Chopra Against ‘Abuse of Power’ September 28, 2022 Sam Manas The Republican senators are warning Chopra the CFPB is not all-powerful or unaccountable...Read More
Maxex Launches Non-QM Option as Turmoil Persists September 28, 2022 Brandon Ivey The firm will support sales of various types of non-QMs, including bulk and flow options.Read More
For Sale: $2 Billion of Ginnie Mae MSRs. High Delinquencies Though September 28, 2022 Paul Muolo The average loan balance is $254,159...Read More
GSEs Like, but Move Slowly on AI Adoption September 28, 2022 Dennis Hollier The FHFA shares the GSEs' tentativeness about AI...Read More
loanDepot’s Debt Trading at Steep Discounts September 27, 2022 Paul Muolo Except for founder Anthony Hsieh, some loanDepot insiders of late have been selling shares in the company...Read More
Correspondents Gain Share in GSE Market September 27, 2022 Brandon Ivey Wells Fargo boosted its conventional-conforming lending through correspondents by 2.7%...Read More
CoreVest Senior Leaders Depart Three Years After Acquisition September 27, 2022 Brandon Ivey In other company changes, the REIT promoted Fred Matera to chief investment officer.Read More
Fannie Pilot Aims to Turn More Renters Into Owners September 27, 2022 Dennis Hollier Reporting of on-time rent payment history is designed to help tenants develop a better credit profile...Read More
Buybacks Spiked in 2Q22 September 26, 2022 John Bancroft Sellers repurchased 20.3% more GSE loans in 2Q22 than in the prior quarter.Read More
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