FHA Claws Past VA in 3Q21 Ginnie Single-Family MBS Issuance October 12, 2021 John Bancroft Mods accounted for 16.2% of FHA loans in 3Q21 Ginnie MBS...Read More
New Residential Set to Enter F&F Space via Genesis Deal October 11, 2021 Paul Muolo Another M&A deal for publicly traded REIT New Residential...Read More
A Quandary: What FHA Lenders Can Use to Calculate Adjusted Net Worth October 11, 2021 Monica Hogan Scott Olson, executive director of the Community Home Lenders Association, suggested FHA take a second look at the changes...Read More
Nation’s Largest HECM Lender AAG Signs CFPB Consent Order October 11, 2021 Paul Muolo AAG was the largest home equity conversion mortgage lender in the first-half of 2021, with $2.59 billion of production.Read More
The Strongest Non-Agency MBS Reading in Quite Some Time October 11, 2021 Brandon Ivey Some $32.26 billion of securities backed by non-agency mortgages were issued in the third quarter.Read More
(GSE) Cash-Out Refis: Boom Without the Bust October 8, 2021 Dennis Hollier We all remember what happened in 2007 when home prices collapsed and all that equity vanished...Read More
Non-Agency MBS Market at an Inflection Point? October 8, 2021 Brandon Ivey The concerns, voiced by Granovskaya and other participants at the event, are tied to an expected decline in the supply of loans for non-agency MBS.Read More
Mortgage Employment Declines. The Beginning of a Trend? October 8, 2021 Paul Muolo Some lending shops are still looking to hire loan officers.Read More
Industry Hoping Ginnie Capital Proposal Is Softened Or... October 8, 2021 Paul Muolo One person opposed to the idea is Scott Olson, executive director of the Community Home Lenders Association, a trade group that was among the first to ask Ginnie to withdraw the RFI...Read More
The Tea Leaves: MBS Issuance Continues Its Downward Slope October 7, 2021 John Bancroft On a sequential basis, agency issuance fell 13.8%...Read More