A Canary in the MBS Coal Mine: Weak Trading Volume for December January 25, 2022 Paul Muolo The full-year trading average came in at a respectable $252.8 billion...Read More
Caliber CEO Heads for the Exit January 24, 2022 Paul Muolo As of press time, NRIC had not filed notice with the Securities and Exchange Commission regarding Das’ exit.Read More
JPM Tops Prime Non-Agency MBS Issuers; UWM Leads Lenders January 24, 2022 Brandon Ivey United Wholesale Mortgage was the top originator of securitized non-agency prime mortgages in 2021, with $13.08 billion...Read More
Analyst Weighs In On Better.com January 24, 2022 Paul Muolo Better is presently seeking a new chairman, president and chief human resources officer...Read More
4Q21 Earnings Preview: Strong Profits for Fannie, Freddie? January 24, 2022 Paul Muolo Fannie securitized $292.2 billion of home mortgages in the fourth quarter of 2021 while Freddie came to market with $270.1 billion.Read More
Blackstone Unit Commits $1B to Rent-to-Buy Program January 24, 2022 Sam Manas The company is also evaluating potential financing structures, including securitization.Read More
No VOE or VOI? Change to Issue Unique Expanded-Credit MBS January 21, 2022 Brandon Ivey Change's MBS received a preliminary A rating from DBRS, which said the lender's program is weaker than other CDFIs'...Read More
Banks Target Nonbanks for Asset-Based Lending, Warehouse January 21, 2022 Paul Muolo For months now, rumors have been circulating that Signature was planning to make a big splash in warehouse finance, having hired a former Wells Fargo executive...Read More
Strong Earnings for TCBI but Warehouse Pressures January 21, 2022 Paul Muolo Last year, the depository sold its mortgage servicing portfolio — roughly $14.0 billion in MSRs — to Ocwen...Read More
ABS Issuance Hits Record in 2021, Market Cools in 4Q January 21, 2022 John Bancroft All major product groups saw significant gains in 2021...Read More