As the Calendar Turns, Servicing Values Head North September 30, 2021 Paul Muolo Looking to lop off some of your MSRs? You're in luck...Read More
GAO Deems FHA Catalyst Oversight Unreliable September 30, 2021 Monica Hogan The government watchdog said gaps exist in HUD’s established processes to oversee the IT initiative.Read More
HECMs Continue to Gain September 29, 2021 Monica Hogan While most top-ranked lenders saw aggressive growth in home-equity conversion mortgages during 2Q21, others experienced a slowdown...Read More
loanDepot Secures a New LOC with Canadian Bank September 29, 2021 Paul Muolo On the loanDepot facility, Bank of Montreal is acting through its Chicago branch...Read More
Another $6 Billion Worth of MSRs Hit the Market September 29, 2021 Paul Muolo Prestwick is selling a $2.0 billion portfolio of Fannie/Freddie and Ginnie Mae-backed servicing rights.Read More
Non-QM Lenders Bullish on Future Growth September 29, 2021 Brandon Ivey Keith Lind, executive chairman and president of Acra Lending, an early pioneer in the sector, echoed Pallante’s view, noting there’s a new set of investors for non-QMs.Read More
On the Rise: Originations of Non-Agency Investment-Property Loans September 28, 2021 Brandon Ivey The share of investment-property mortgages on the LoanNEX platform increased to 35% in August from 25% in the first quarter of 2021...Read More
$6B of Ginnie MSRs Up for Grabs, An EBO Angle As Well September 28, 2021 Paul Muolo Loan-level data is available to bidders who sign a non-disclosure agreement...Read More
JPM, United Wholesale Go Big with Two Non-Agency MBS September 28, 2021 Brandon Ivey The move marks a change of pace for UWM, which has been issuing its own non-agency MBS with GSE-eligible mortgages for investment properties.Read More
More COVID Tools: FHA Seeks Feedback on 40-Year Loan Modification September 28, 2021 Monica Hogan Fannie Mae and Freddie Mac already offer 40-year loan modification terms.Read More
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