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Residential REIT Capstead Mortgage to Merge with Commercial REIT

July 26, 2021
Brandon Ivey
Following the merger, the REIT will operate under the name Franklin BSP Realty Trust with a focus on commercial mortgages.
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Wells Fargo, A Mover and Shaker in the Ginnie EBO Game

July 26, 2021
Paul Muolo
The stagecoach has a huge advantage, namely that it’s the largest depository owner of Ginnie servicing rights at $149.1 billion and has an extremely low cost of funds...
Read More

A New (Old) Battle Cry on G-Fees. Congress is Warned

July 23, 2021
Dennis Hollier

MBA's Bill Killmer said the goal is to prevent the g-fee tax from becoming a “zombie pay-for that roams the earth forever.”


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The Summer Doldrums Hit the MSR Auction Market. Temporary?

July 23, 2021
Investment bankers are hopeful bulk MSR acquisitions will soon pick up a head of steam — it’s just a matter of when.
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New FDIC Proposal Aims to Simplify Deposit Rules for Servicing Accounts

July 23, 2021
Maria Volkova
The changes are being pursued in response to the agency receiving “more than 10,000 questions per year from people trying to understand the deposit insurance rules,” the FDIC chief said.
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MBS Trading Sags but a New Benchmark is Born

July 23, 2021
Paul Muolo
Just when you thought rates were in an upward trend, a reversal occurs...
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Short Takes: Awash in Borrowing Authority / A Buyer of MSRs? / Expressing a Desire to Grow / A New Nonagency MBS From Verus / Kraninger Lands / A Promotion at Freddie

July 23, 2021
Paul Muolo
Will Quicken actually buy MSRs? It certainty has the cash...
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Fannie and Freddie Hit the Mother Lode With the Adverse Market Fee

July 22, 2021
Dennis Hollier
COVID-related mortgage losses have been minimal, allowing the GSEs to benefit...
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MI Sector Benefits from Strong Purchase Activity in 2Q21

July 22, 2021
John Bancroft
Sales of conventional loans with private MI to Fannie Mae and Freddie Mac recorded a bigger 10.3% increase from the first quarter.
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Trouble Ahead for the Rating Agencies? Democrats Roll Out Reform Legislation

July 22, 2021
Brandon Ivey
As might be expected, Republicans on the committee weren’t convinced that Congress should create an entity that would be involved in the assignment of credit ratings.
Read More
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Latest Imf News

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Featured Data

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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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