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Angel Oak Boosts Volume with Latest Non-QM MBS

June 30, 2021
Brandon Ivey
The $303 million deal is the third MBS from Angel Oak this year and the largest of the three.
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FHFA Drops LTV Restrictions on Loan Modifications

June 30, 2021
How many consumers will seek a modification due a COVID hardship remains to be seen. Forbearance readings continue to drop...
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Short Takes: Still in the Cards: A Government-Run Credit Bureau? / CFPB Cites Legal Violations / Office Locations a Problem / Foreclosure Issues Too

June 30, 2021
Lisa Burden
The CFPB says most mortgage branches are located in predominantly white neighborhoods...
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Securitization Rate Cools Off as Originations Edge Higher

June 29, 2021
John Bancroft
Then again, Fannie and Freddie don’t buy everything that’s eligible. In recent months, there has been a burst of non-agency MBS issuance backed by GSE-eligible loans...
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New FHFA Director Shuffles Leadership Team

June 29, 2021
Dennis Hollier
New Acting FHFA Director Thompson's first personnel move: elevate existing staff.
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Wells Fargo Tosses Personal Credit Lines Overboard

June 29, 2021
Paul Muolo
When it comes to lending products, the 'Stagecoach" is lightening its load...
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Citi and PennyMac Partner on Non-Agency MBS with GSE-Eligible Loans

June 29, 2021
Brandon Ivey
The MBS will be the first from Citi with GSE-eligible loans and it marks PennyMac's return to the sector after years away.
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Fannie/Freddie Purchase Limits Have Uneven Impact Among Sellers

June 28, 2021
John Bancroft
For some sellers, the curbs don’t represent much of a bump in the road. For Quicken Loans, the top GSE seller over the 12-month period, investor/second-home loans were roughly 5.5% of its sales to both Fannie and Freddie.
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Ginnie Ready to Unleash 40-Year Pool Types. Re: COVID

June 28, 2021
Maria Volkova
Also, there will be no restrictions on loan size...
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Mortgage M&A Remains Hot. Caveat: Sellers Remain Picky

June 28, 2021
Paul Muolo
The mortgage M&A market is pockmarked with indecisive sellers...
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Latest Imf News

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