CSBS Unveils New Standards for Nonbank Residential Servicers July 27, 2021 Brandon Ivey Overall, the states largely opted to follow capital and liquidity requirements set by the FHFA...Read More
LO Earnings Get Clipped in 2Q21 July 27, 2021 Paul Muolo Loan officers and their processors alike are earning less these days...Read More
JPM Hits Market With Yet Another Investment-Property MBS. Next Up: UWM July 27, 2021 Brandon Ivey Take note: Two investment-property non-agency MBS from JPMorgan Chase in less than a week.Read More
Nonbanks Still Pulling GSE Servicing Train in 2Q21 July 27, 2021 John Bancroft Freddie had the hot (MSR) hand in 2Q21...Read More
Ginnie MSR Transfers Surge, GSE Sales Decline July 26, 2021 John Bancroft The bulk transfer figures reflect deals that were struck in prior quarters...Read More
GSE Bulk MSRs Hit the Auction Circuit July 26, 2021 Paul Muolo The selling institution is based on the West Coast...Read More
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.Read More
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.” Read More
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.Read More