Starwood Re-Entering Single-Family Rental Securitization Market February 17, 2021 Brandon Ivey An affiliate of Starwood Capital Group merged with Blackstone's Invitation Homes in 2017. SCG started a new SFR investment initiative in 2018.Read More
AZ Bank in $1 Billion Deal to Buy Nation's Third Largest Correspondent Lender February 16, 2021 Paul Muolo Back in fall, the privately held AmeriHome announced its intentions to go public.Read More
Forbearance Tally Lowest Since April of Last Year February 16, 2021 Paul Muolo MBA cited improvements in Fannie Mae/Freddie Mac and Ginnie Mae loans as the driver behind the better readings.Read More
FHA/VA Foreclosure and Eviction Moratoriums Extended Once Again February 16, 2021 Maria Volkova The new timeline moves the moratorium's expiration from March 30 to June 30...Read More
Despite Employee Buyout Offers, GSE Headcount Keeps Growing February 16, 2021 Paul Muolo The filings also reveal the frustrations the two mortgage giants are having finding experienced workers during the mortgage boom...Read More
Flagstar Preps New $489 Million Jumbo MBS February 16, 2021 Brandon Ivey The characteristics of the mortgages are similar to the types of jumbos Flagstar was securitizing before the market was disrupted last year...Read More
Refi Train Carries FHA/VA Lending to a Stunning New Record February 14, 2021 John Bancroft The year just-ended brought two huge changes to the government-insured market. First, the VA established itself as the dominant program...Read More
Fannie and Freddie: A Tale of Two CRT Users February 14, 2021 John Bancroft Fannie inked just $5.26 billion in new credit-risk deals in 2020, and that total included a $425.6 million Connecticut Avenue Securities transaction...Read More
Pending Head of HUD Looking to Improve Tribal Lending Program February 12, 2021 Maria Volkova Section 184 home loans are specifically allocated to Native Americans who are purchasing property on tribal land trusts.Read More
Short Takes: loanDepot's Stock Rises / Average G-Fee Declines / UpEquity Raises $25 Million / Forbearance Share Declines February 12, 2021 Brandon Ivey loanDepot's stock jumped more than 50% on its first day of trading after the nonbank downsized its IPO.Read More