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Short Takes: Freddie Doesn’t Mince Words / Thinking of Going Public? / Why Amazon and Google Won’t Buy an Existing Franchise / Moogle or Moogage? / Texas Capital’s Deposit Base / Mortgage Job Cuts at USAA

September 24, 2018
Paul Muolo
Meanwhile, Hindman doesn’t see Amazon or Google buying an existing mortgage franchise...
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Deephaven Set to Issue its Largest Nonprime MBS to Date

September 21, 2018
Brandon Ivey
Mortgages from 74 lenders will be included in the deal…
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Wells Fargo Announces Job Cuts. The Mortgage Damage Could Total 3,097 Positions

September 21, 2018
Paul Muolo
The megabank is not commenting on how the cuts might affect specific business units...
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Industry Lauds Passage of Bill to Fix the VA ‘Orphan’ Loan Mess

September 21, 2018
George Brooks
The Zeldin bill passed by a vote of 48-0.
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What We’re Hearing: Freddie Mac Puts on its Banker Hat / Some Interesting Policy Moves by Mel Watt / Nonbank Liquidity is a Good Thing, Right? / The Progressives v. the Traditionalists / Eat a Peach: CFPB Moves an Office to Atlanta

September 21, 2018
Paul Muolo
The idea to ban nonbanks from the FHLB system (via the captive loophole) increasingly looks like a head-scratcher....
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Tough Times, but Wells Fargo Expects to Gain Lending Market Share

September 20, 2018
Brandon Ivey
Wells SVP John Shrewsberry: “In first mortgage, I would say, we should outperform whatever the market is delivering…”
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Surprise: Non-Agency Option Dings GSE Conforming-Jumbo Business

September 20, 2018
John Bancroft
More conventional loans that fit under the GSE loan limits for high-cost markets are ending up in non-agency mortgage-backed securities…
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Brian Brooks, a Possible Successor to Fannie CEO Mayopoulos, Departs

September 20, 2018
Paul Muolo
Brooks was vice chairman of OneWest Bank, a depository once owned by current Treasury Secretary Steven Mnuchin.
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Incenter Halts ‘Active Market Making’ of TBA Securities

September 20, 2018
Paul Muolo
Incenter is a “portfolio” company of The Blackstone Group, which has several mortgage-related investments including…
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It’s Been Five Years Since a Nonbank Lender Pulled Off an Initial Public Offering of Stock

September 20, 2018
Private equity firms hoping to cash out their ownership stakes in nonbank lenders via an initial public offering of stock will have to wait a little longer, thanks to a tough origination market and institutional investor interest that lies elsewhere.
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Latest Imf News

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  • Despite Volatility, Investor Demand Remains Strong

  • Adamas Acquires Record Amount of BPLs in 2Q

  • House Committee Holds FHLB Hearing

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Featured Data

  • Expanded-Credit MBS Issuance Declines in 2Q

  • Top Ginnie Servicers See Modest Growth in 2Q

  • Consumer Debt Drives New ABS to Record High in 2Q

  • Primary MI Volume, Characteristics Stable in Second Quarter

More Featured Data

Featured Reports

  • Lender Profiles 1Q26: Top 25 (PDF)

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More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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