FHA/VA Lending Strong in 2021 But 4Q Suffered a Drop February 23, 2022 Monica Hogan The top three ranked VA lenders in 2021: Freedom Mortgage, Rocket and Veterans United Home Loans...Read More
As Rates Rise, Jumbo MBS Issuers Face Timing Constraints February 23, 2022 Brandon Ivey Spread widening indicates weaker demand from MBS investors...Read More
Jumbo Originations Flatten Out but Up Sharply for Full Year February 22, 2022 Brandon Ivey The top jumbo originator in 2021? That would be Chase, with Wells Fargo a close second...Read More
In a Few Weeks, GSE Nonbank Eligibility Requirements? February 22, 2022 Paul Muolo BTIG predicts the FHFA’s proposal likely will dovetail with many of the prudential requirements for nonbanks finalized by the CSBS...Read More
Ginnie EBOs Start to Lose Their Luster? February 22, 2022 Paul Muolo Mr. Cooper CEO Jay Bray: “With forbearance programs winding down, the EBO opportunity is rapidly diminishing.”Read More
OCC’s Hsu Says CRA Changes Coming Soon February 22, 2022 Sam Manas CRA trouble ahead? OCC chief Hsu: “Home mortgage lending is dominated by a few banks and nonbank institutions lending nationwide"...Read More
Warehouse Commitments Drop, Usage Rates Begin to Crumble February 18, 2022 Paul Muolo Some financiers reported usage rates below 30%...Read More
Credit Suisse Taps Athas Capital for Non-QM MBS February 18, 2022 Brandon Ivey Athas was founded in 2008 and originated $1.2 billion of loans last year.Read More
Banks and MBS? The Love Affair Continues February 18, 2022 John Bancroft Banks and thrifts generated $51.76 billion in interest income from MBS investment last year.Read More
Southeast-Based Nonbank Selling GSE MSRs February 18, 2022 Paul Muolo The three states leading in the collateral count: North Carolina, Texas and California. Bids are due Feb. 24.Read More
RSS