Up for Grabs: A $1B Ginnie Portfolio. But Can You Close by Yearend? November 23, 2021 Paul Muolo The package is top-heavy in California product at 27%. Florida is next at 17%...Read More
A New Warehouse Record and a Handful of New Entrants November 22, 2021 Paul Muolo One East Coast financier said his bank is seeing several 2022 line renewals at “the same level as this year” and just one reduction overall.Read More
FHA/VA Market Tilts Back to Mostly Purchase Lending November 22, 2021 John Bancroft It was the first time that purchase-mortgage business represented the biggest source of new FHA/VA lending since the third quarter of 2019...Read More
Deephaven Getting Back to Pre-COVID Levels with Non-QM MBS November 22, 2021 Brandon Ivey The top contributor to the MBS is ACC Mortgage with a 24.3% share...Read More
GSE Appraisal Waivers Face Scrutiny as Zillow Offers Flops November 22, 2021 Dennis Hollier The American Enterprise Institute, a conservative think tank, has long been critical of the reliance on appraisal waivers...Read More
Banks Look Ready to Pick up the Slack as Fed Pulls Away November 19, 2021 John Bancroft The top three banks in MBS holdings: Bank of America, Wells Fargo and Charles Schwab...Read More
More Challenges for Better’s SPAC/Public Debut November 19, 2021 Paul Muolo It's not exactly the best time for Better to make its public debut, but it's going to try anyway...Read More
IMA Rolls Out Fannie/Freddie MSR Offering November 19, 2021 Paul Muolo Looking to buy mortgage servicing rights? You're not alone...Read More
Feds, States Reinstate Pre-COVID Mortgage Servicing Rules November 19, 2021 Sam Manas Although back to flexing their regulatory muscle, the agencies have promised a take a more nuanced approach...Read More
On the Way Up: Non-Agency Loan Production November 18, 2021 John Bancroft The conventional-conforming market, which is dominated by Fannie Mae and Freddie Mac, accounted for 70.9% of first-lien originations through the first nine months of 2021.Read More
RSS