The Winter Tally: Agency MBS Production Falls Sharply in February March 4, 2022 John Bancroft The 21.5% decline in agency single-family MBS production in February may signal a deeper shift in mortgage market tectonics...Read More
As Lenders Cut Heads, a Migration to Loan Brokerage Shops? March 4, 2022 Paul Muolo "Massive" layoffs by mortgage bankers? That's how one CEO sees it...Read More
Where's the Mortgage M&A Boom? March 4, 2022 Paul Muolo One advisor said he’s not seeing much activity out there right now, but offered: “That doesn’t mean much — there may be a bunch of deals on the horizon.”Read More
A Bullish Outlook for the Reverse Market... March 4, 2022 Monica Hogan Overall, FHA endorsed $23.80 billion of home-equity conversion mortgages last year, an annual increase of 34%...Read More
Refis Down 7.4% in 4Q, Purchase Lending Down Even More March 3, 2022 John Bancroft The top three purchase-money lenders in 2021: PennyMac Financial Services, UWM and Wells Fargo...Read More
A $1.3 Billion Loss for Blackstone-Financed FoA March 3, 2022 Paul Muolo Grubstaked by The Blackstone Group, FoA became a public company at $10.00 a share...Read More
As Regulators Focus on Nonbanks, A Turf War May Emerge March 3, 2022 Brandon Ivey On the horizon: a possible regulatory turf war...Read More
Certain Warehouse Securitizations at Risk for a Downgrade March 3, 2022 Brandon Ivey The changes to the criteria were significant enough to prompt Moody’s to place five warehouse securitizations on review for possible downgrade...Read More
Fannie’s and Freddie’s ‘Release’ Date? See You in 2037 March 2, 2022 Paul Muolo KBR writes, “By 2036, the Treasury's aggregate senior preferred including liquidation preference will have grown to nearly $550 billion"...Read More
‘One Company, One Exam’ Pilot Faces Challenges March 2, 2022 Rocket, the nation’s largest residential lender, received a 15-month moratorium on state exams in exchange for participating in the program.Read More
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