The Correction is Here: 1Q22 MBS Issuance Down 37% April 7, 2022 John Bancroft As might be expected, most of the erosion has been in the refinance market.Read More
Sources: Non-QM Lender Sprout Trims Staff April 7, 2022 Paul Muolo At press time, Long Island-based company, started by Alt A veteran Michael Strauss, could not be reached for comment.Read More
Can the GSEs Help with the Housing Supply Shortage? FHFA Thinks So April 7, 2022 Dennis Hollier FHFA regulator Sandra Thompson: “We’re trying to figure out ways that we can be helpful.”Read More
A 60-Day Suspension for Certain GSE Foreclosures April 7, 2022 Dennis Hollier Still, many states have not rolled out effective HAF programs...Read More
The Mother of All Interest Rate Rises? April 6, 2022 Paul Muolo Steve Harris, president of MIAC Analytics: Large scale MBS selling by the central bank will “make mortgages perform even worse"...Read More
Pretium Sees Strong Demand for New Non-Agency Mortgage Fund April 6, 2022 Brandon Ivey Pretium's new $1.7 billion fund for residential credit investments is nearly double the size of the firm's previous fund.Read More
Correspondents Gain Market Share in FHA/VA Sector April 6, 2022 Monica Hogan Some top-ranked government lenders relied entirely upon retail production, including Navy Federal Credit Union, New American Funding, PrimeLending, Regions Financial and Angel Oak...Read More
Senate Maneuver Clears the Way for Final Vote on Gordon for FHA Commish April 6, 2022 Monica Hogan Gordon was president of the National Community Stabilization Trust and a member of the Biden-Harris transition team.Read More
A Tough Year for ARM Production but That Could Change April 5, 2022 Brandon Ivey The top three ARM originators of 2021: Bank of America, Chase and Wells Fargo...Read More
GR Ponders Conduit to Take Advantage of LLPA Changes April 5, 2022 Paul Muolo For years, GR has been an active originator of mortgages on second homes and has developed strong ties to real estate agents in resort areas.Read More