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
Housing Affordability an Issue, FHFA Establishes a New Advisory Panel August 24, 2022 Dennis Hollier Members of the new panel will be chosen by the FHFA director...Read More
Beating the Odds on Non-Agency Profitability: Velocity August 24, 2022 Brandon Ivey The publicly traded nonbank posted net income of $10.8 million in 2Q22...Read More
FHA/VA Originations Smacked Around in 2Q22 August 23, 2022 Monica Hogan VA activity was hit the hardest, with lending volume off 14.7% sequentially in 2Q22...Read More
Better.com Founder Garg Says Lender Committed to ‘Greater Capitalization’ August 23, 2022 Paul Muolo Better, which remains privately held, has yet to release its 2Q22 results.Read More
With Former Wall Streeter in Charge, Altisource Emphasizes Bridge Loans, DSCR August 23, 2022 Brandon Ivey The CEO discouraged observers from comparing AAM’s operations to those of traditional non-agency aggregators...Read More
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