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Ginnie EBOs, Non-QMs Spur Strong Whole-Loan Trading Results

January 13, 2022
Paul Muolo
"It was a barbell type of year,” said MIAC's Brendan Teeley...
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Guaranteed Rate Kisses Wholesale Goodbye

January 13, 2022
Paul Muolo
The last day a broker can close a loan with GR is Feb. 28.
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Mortgage M&A: Redfin in Deal to Buy West Coast-based BEHL

January 12, 2022
Paul Muolo
After the acquisition closes, Redfin Mortgage will reduce its headcount by roughly 121 positions.
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The Prime Non-Agency MBS Party Continues

January 12, 2022
Brandon Ivey
Three prime non-agency MBS hit the market Tuesday, making eight deals offered thus far in 2022.
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It's Official: CoreLogic’s Martell Departs as President and CEO

January 12, 2022
Paul Muolo
A few months back, CoreLogic was sold to Stone Point Capital and Insight Partners for roughly $6 billion.
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States Urge FHA to Ensure Implementation of COVID Relief

January 12, 2022
Monica Hogan
The AGs said servicers are still sending borrowers letters that fail to include the COVID-19 recovery modification as an option, while requiring unnecessary paperwork...
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Non-Agency MBS Issuance Tops Pre-Pandemic Levels in 2021

January 11, 2022
Brandon Ivey
Expanded-credit MBS issuance also increased in 2021, though it remained below the level seen in 2019.
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Earnings Season is About to Start. Hope for Mortgage Bankers?

January 11, 2022
As Wedbush Securities notes in a new report, “We expect lower prepayment speeds should lead to positive marks on MSR values in the quarter.”
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Servicers Skittish on Moving Forward with Foreclosures

January 11, 2022
Brandon Ivey
With the CFPB watching closely, mortgage servicers are careful about how they approach foreclosures...
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UMortgage Adds Mortgage Brokerage Firm The Bally Team

January 11, 2022
Monica Hogan
Bally's resume includes stints at United Wholesale Mortgage, Quicken Loans and J&B Processing.
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Latest Imf News

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  • AI Use in Non-QM Underwriting Ramps Up

  • Bayview Markets MBS of Rocket CES

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Featured Data

  • Non-Agency MBS and GSEs Gain in First Quarter

  • GSE Servicing Share Falling to Pre-Pandemic Levels

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  • Ginnie Issuance Down in May as Refis Slump

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Featured Reports

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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