Ginnie Considering Changes to Support CDFIs February 25, 2022 Monica Hogan The new Ginnie Mae chief said the agency hasn’t yet determined what avenues would make sense but “specialized pools” could be a possibility...Read More
MSR Market in Danger of Getting Too Frothy? We're Not There Yet February 25, 2022 Paul Muolo For some large sellers of mortgage servicing rights, the sale of smaller portfolios just isn’t worth their time...Read More
An Earnings Slide for Rocket but Company Declares Special Dividend February 25, 2022 Paul Muolo To date, Rocket has repurchased 20.7 million shares at an average price of $15.08 a unit...Read More
Securitization Rates Adjust Downward in 2021 February 25, 2022 John Bancroft Agency MBS issuance was up again in 2021 but modestly...Read More
FHFA Unveils New Eligibility Standards: 9% Capital for Nonbanks February 24, 2022 Dennis Hollier The new language recognizes the different risk profiles of GSE and Ginnie Mae servicing rights...Read More
Home Point Bolsters Weak 4Q Earnings With MSR Sales; Revenue and GOS Hit February 24, 2022 Paul Muolo The nonbank sold $13.1 billion of Ginnie Mae MSRs into a red hot servicing market...Read More
Refi Strength Aids FHA Share in 2021, Purchase Boosts PMIs February 24, 2022 John Bancroft New private MI business tumbled 13.0%, while government MI endorsements fell 10.5%.Read More
Whole Loan Investor MFA Sees Net Income Fall Sharply in 4Q February 24, 2022 Brandon Ivey Much of the decline was linked to losses on residential whole loans measured at fair value.Read More
Federal Circuit Tosses Most GSE Shareholder Cases February 23, 2022 Dennis Hollier The judges rejected shareholder appeals based on both direct and derivative claims.Read More
New Applications Falter. Time to Manage Expenses? February 23, 2022 Paul Muolo Some lenders are hoping for a boost from the spring home buying season...Read More
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