MSR Market Watches for Smoke Signals From the Fed November 18, 2022 John Bancroft There's an iceberg of low-coupon MSRs out there...Read More
In a $5M Settlement, CFPB Sanctions Carrington for Violating the CARES Act November 18, 2022 Sam Manas One mortgage CEO told IMFnews we may be seeing more of these settlements in the near future...Read More
Short Takes: What, Good News? / Second That Emotion / Mad at Bullard / The MSR Auction Circuit / An Inversion Here Too November 18, 2022 Paul Muolo What's this about mortgage rates falling?Read More
FHA Ekes Out Slight 3Q22 Gain as Other MIs Fade November 17, 2022 John Bancroft The biggest problem for the PMIs: a 13.7% decline in new purchase business...Read More
Mortgage Company Layoffs? Yes. WARN Act Filings? Not So Much November 17, 2022 Paul Muolo There seems to be a bit of confusion in the industry regarding when mortgage bankers need to register layoff notices with the states.Read More
G-Fees Rise — Thanks to the ‘Adverse Market’ Refi Charge November 17, 2022 Dennis Hollier FHFA said upfront fees jumped from 11 bps to 13 bps...Read More
Impac Has Until February 2024 to Comply With NYSE Standards November 17, 2022 Paul Muolo Impac's stock price hit a low of 24 cents a unit this year...Read More
Fitch Worries About Servicing and Nonbank Capital November 16, 2022 Paul Muolo Last month, Fitch issued peer reviews on six shops...Read More
UWM Extends Rate Buydowns, Offering Temporary Discounts of Up to 300 BPs November 16, 2022 Paul Muolo There are different variations on the rate discount...Read More
Private Mortgage Insurers Plan for Ongoing Economic Volatility November 16, 2022 Monica Hogan Enact made selective price increases in the third quarter, a practice that continued into the next month...Read More
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