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Tech-Focused Valon Raises $50 Million, Has Huge MSR Growth Plans

February 2, 2021
Brandon Ivey

Valon, formerly known as Peach Street, plans to use the funds to hire and acquire...


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Forbearance Exits at Slowest Pace Ever

February 1, 2021
Paul Muolo

Servicers are buying delinquent FHA/VA mortgages out of Ginnie MBS pools, placing the notes in portfolio as part of a reclamation strategy.


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Short Takes: The Home Point Tumult / The loanDepot IPO? / Blame GameStop / One of Robinhood’s Attorneys / Rocket CEO Cautions Short Sellers

February 1, 2021
Paul Muolo

Home Point's share price continued to struggle on Monday...


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‘Highly Reputable’ Originator Offers Flow Deal That Could Top Almost $34B

February 1, 2021
Paul Muolo

IMA says the seller is a "well-capitalized independent mortgage bank with very experienced leadership"...


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The King of Jumbo MBS Contributions: UWM. However…

January 31, 2021
Brandon Ivey

Despite the achievement of the ranking, UWM’s contribution to jumbo MBS actually declined by 4.4% on an annual basis last year while overall non-agency jumbo securitization increased...


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CMBS Issuance Down in 2020 but It Could’ve Been Worse

January 31, 2021
John Bancroft

Agency multifamily MBS programs accounted for 72.2% of total commercial mortgage securitization in 2020, their most dominant share since the immediate aftermath of the financial crisis.


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A Rare Downgrade for Post-Crisis Non-Agency MBS

January 29, 2021
Brandon Ivey

The $608.83 million deal issued by JPMorgan Chase in 2019 is stocked with non-QMs.


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Short Takes: Home Point Downsizes IPO / Former Freddie CEO Joins Commercial Mortgage Lender / Forbearance Reading Increases / Dynex Raises Cash

January 29, 2021
Brandon Ivey

Home Point planned to sell 12.5 million shares at as much as $21 per share but the nonbank lender ended up with a smaller IPO.


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Liquidations of Loans from Ginnie MBS Up Sharply in 2020

January 29, 2021
John Bancroft

Liquidations of loans from Ginnie Mae MBS nearly doubled in 2020 on an annual basis.


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Nominee to Head HUD Noncommittal on Potential Cut to FHA Premiums

January 29, 2021
Maria Volkova

If conformed to run HUD, Marcia Fudge plans to discuss a reduction to FHA premiums with HUD staff then have further discussions with members of Congress.


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Latest Imf News

  • Refi Decline Dents GSE Single-Family Business in July

  • Ginnie President Gives Update on Loan Level Initiative

  • Freddie Readies Servicers for Default Reporting Updates

  • CFPB Revises ECOA Baseline Review Procedures

More Imf News

Featured Data

  • GSEs Deliver Consistent Profits; No Closer to Solvency

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