AmWest Top Contributor to Expanded-Credit MBS in First Quarter May 10, 2021 Brandon Ivey AmWest originates a variety of loans through all three lending channels, with an emphasis on TPO... Read More
Angel Oak Preps its Second MBS with Loans Originated After March 2020 May 10, 2021 Brandon Ivey The new MBS is somewhat smaller and has longer average loan seasoning... Read More
Income and Originations Decline at PennyMac in First Quarter May 7, 2021 Brandon Ivey PennyMac's income fell by 17% on a sequential basis in the first quarter, originations declined by 3.5% while the nonbank's servicing portfolio grew by 5.2%.Read More
Another Loss for Impac, Firm ‘Reengages’ with Non-QM Market May 7, 2021 Paul Muolo Personnel expenses at Impac increased 12.8% to $14.9 million...Read More
The M&A Train Has Arrived. How Far Will It Go? May 7, 2021 Paul Muolo Among those looking to buy: private-equity firms...Read More
A Sharp (and Welcome) Decline in Ginnie Delinquencies May 7, 2021 John Bancroft Late payment rates peaked in June at 11.82% as borrowers struggled with the impact of the pandemic on economic activity.Read More
New Fannie/Freddie Purchase Limits a Mixed Bag for the Non-Agency Market May 7, 2021 Brandon Ivey The shift is tied to GSE PSPA amendments, which came in January...Read More
Blood Boils Regarding Fed Chair's Stance on NBs and CRA May 6, 2021 Powell didn’t mince words: "You see activities that had once been principally the province of banks moving into the nonbank sector."Read More
Slow Growth in the Servicing Arena, Wells Stills Leads the Pack May 6, 2021 John Bancroft Wells Fargo once again ranked first, followed by Cenlar, JPMorgan Chase, Mr. Cooper and Quicken Loans...Read More
MFA to Acquire Business-Purpose Lender Lima One May 6, 2021 Brandon Ivey MFA already owned a minority stake in Lima One. Read More