PRMG, Others in the Hunt to ‘Sign Up’ Finance of America Branches October 31, 2022 Paul Muolo Guaranteed Rate had hoped to takeover a large chunk of the FoA network but the deal fell apart...Read More
CLO Issuance Sinks Again in 3Q22 as Refi Deals Vanish October 31, 2022 John Bancroft Palmer Square Capital Management was the top issuer of BSL deals in the third quarter with $2.40 billion...Read More
Redwood Limiting Acquisitions of Jumbo Mortgages October 28, 2022 Brandon Ivey Redwood's jumbo business operated at near a break-even level in the third quarter, though there wasn't much business to speak of.Read More
MSRs Aid PennyMac’s Performance, REIT Affiliate Posts a Profit October 28, 2022 Paul Muolo Thanks to its strong performance, PennyMac will pay a third quarter cash dividend of 20 cents a share...Read More
FHLB Trade Group Wants System Traditions Maintained October 28, 2022 Dennis Hollier When it comes to the future of the FHLBs, the Council is a traditionalist...Read More
Showing No Love for Agency MBS? Yep... October 28, 2022 Paul Muolo Some market watchers, like Barry Habib of MBS Highway, believe mortgage rates may have peaked...Read More
Mortgage Originations Take Another Body Blow in 3Q22 October 27, 2022 John Bancroft It appears that UWM now has bragging rights to being the largest originator in the land, at least based on 3Q results.Read More
Credit Suisse Slims Down, Apollo and PIMCO to the Rescue October 27, 2022 Sam Manas Affiliates of Apollo and PIMCO will acquire most of the bank’s securitized products group...Read More
MBA: In 2Q, the Origination Business Was a Losing Game October 27, 2022 Dennis Hollier MBA's finding on origination losses wasn't exactly a surprise...Read More
An Uptick in MBS Trading. Meaning? October 27, 2022 Paul Muolo The new reading comes during a treacherous time for the residential finance industry.Read More
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