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
Primary MI Market Follows 2021 Product Shifts January 20, 2022 John Bancroft Agency securitization of insured refi loans fell 15.3% last year, with the private MI sector taking a hard hit.Read More
Banks Give a Glimpse of What Lies Ahead: Lower Originations January 20, 2022 Paul Muolo The best performer, in terms of sequential growth was JPMorgan Chase, up 4.6%.Read More
Bayview, loanDepot Go Big with Latest Non-Agency MBS January 20, 2022 Brandon Ivey Bayview's MBS is collateralized by loans aggregated from various lenders...Read More
GAO Calls for Action on Housing Finance Reform January 20, 2022 Brandon Ivey The GAO noted the Biden administration halted coordinated administrative reform efforts established by the Trump administration.Read More
For Fannie and Freddie Another Record Year for MBS Issuance January 19, 2022 Dennis Hollier Depositories made up some ground on the nonbanks with a combined fourth quarter market share of 31.2%.Read More
Better.com Chief Garg Ready to Return January 19, 2022 Paul Muolo Better.com hired a former federal prosecutor from the Southern District of New York to conduct the "culture" review...Read More
Nearly 450 MLOs Sanctioned for Continuing-Ed Fabrications January 19, 2022 Sam Manas Those settling will surrender their licenses...Read More
Mortgage-Related Complaints Filed With the CFPB Down in 4Q21 January 19, 2022 Andras Malatinszky However, the number of borrowers unhappy with the loan-modification process jumped 12.7%...Read More
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