REIT MBS Holdings Down Again in 2Q22 August 26, 2022 John Bancroft REITs have seen their MBS portfolios shrink for six consecutive quarters since a cyclical peak at the end of 2020...Read More
Home Partners of America to Pause SFH Purchases in 38 Markets August 26, 2022 Monica Hogan Among the markets it will pause in the first round: Boise, Detroit, Fresno, Milwaukee, Omaha and Virginia Beach...Read More
Barclays Stocks (Somewhat) Seasoned Non-QMs in New MBS August 26, 2022 Brandon Ivey Loans in the deal have seasoned for an average of nine months...Read More
While Servicing Sales Boom, Portfolio Transfer Times Slip August 26, 2022 Paul Muolo It seems as though the review pipeline is getting backed up because deal volume has been so heavy...Read More
A 2Q Market Share Gain for Correspondent Lending August 25, 2022 John Bancroft A handful of lenders grew their wholesale production, including Flagstar...Read More
While loanDepot Executives Sell Shares, Founder Hsieh Buys August 25, 2022 Paul Muolo Back in April, Hsieh ceded every day management of the company to new hire Frank Martell...Read More
Smaller MBs Affected the Most by Servicer Eligibility Rules August 25, 2022 Dennis Hollier One analyst believes the rule change has already contributed to further widening of spreads for Ginnie securities over Treasuries.Read More
MBS Trading Continues to Slope Downward August 25, 2022 Paul Muolo The outlook for the remainder of the year? Not so hot.Read More
A Price War? Nation’s Third-Largest Wholesaler Cuts (Certain) Rates by 75 BPs August 24, 2022 Paul Muolo Despite the price cut by Home Point, a spokesman said, “This isn’t a play at creating more of a price war in the industry.”Read More
Rising Steadily in 2Q22: Jumbo Servicing Balances August 24, 2022 Brandon Ivey Among the top 10 jumbo servicers, the largest growth was recorded at Flagstar Bank and NewRez/Shellpoint.Read More
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