Originations Level Off and Net Income Declines at Guild in 4Q March 23, 2021 Brandon Ivey Guild, a newly public company, ranked 22nd among all lenders in 2020.Read More
Nonbank Mortgage Income Slips a Bit in 4Q20, but Tops Banks March 22, 2021 John Bancroft The sudden dominance of nonbanks in mortgage banking profits was due to Rocket Companies, parent of Quicken Loans...Read More
MBS Trading Volume Remains Strong March 22, 2021 Paul Muolo Even non-agency MBS had a strong month, with daily trades averaging $3.5 billion, a sequential monthly improvement of 20.6%. Read More
Profits Increase at Only Three FHLBs March 22, 2021 Dennis Hollier Overall, the FHLB profit picture was somewhat worse in the fourth quarter. Their combined net income fell to $657 million, down 20.4% from the third quarter...Read More
Redwood’s First Venture Investments Focus on Rental Services March 22, 2021 Brandon Ivey However, the size of the investments in Rent Butter and Rent Room were not disclosed...Read More
Study Finds Chase’s Mortgagors Fared Well During the Pandemic March 19, 2021 Brandon Ivey Government-mandated forbearance paid off for Chase... Read More
Servicing Prices: Happy Days are Here Again March 19, 2021 Paul Muolo Investment bankers like Mark Garland of SitusAMC believe that by the third quarter bulk MSR sales could be on a roll...Read More
A Trend in the Making: GSE Executives Searching for Greener Pastures March 19, 2021 Paul Muolo Executive-wise, Fannie has taken a bigger hit than Freddie... Read More
A Complication Develops on Chopra Heading the CFPB: Control of the FTC March 18, 2021 Lisa Burden Earlier this month, the SBC deadlocked on the Chopra CFPB nomination with a 12-12 partisan vote.Read More
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