Refi Market Continued to Slip in 3Q18, but Purchases Lift Fannie/Freddie Business October 4, 2018 John Bancroft Purchase mortgages accounted for 71.4 percent of third-quarter GSE business…Read More
Former Redwood CIO Joins Shared-Appreciation Firm, Will Develop Securitization Outlet October 4, 2018 Brandon Ivey EquiFi plans to license its shared equity product to other originators…Read More
MI Firms See No Problems Meeting New PMIER Goals October 4, 2018 Carisa Chappell MI analysts agree that other than a few tweaks, the new PMIER requirements aren’t terribly different than the original proposal…Read More
SFR REIT Reven Inks $51.3 Million LOC from Arbor October 4, 2018 Paul Muolo A few months back, the Federal Housing Finance Agency ordered Fannie Me and Freddie to end their involvement in SFR financial arrangements. However, any deals in progress were allowed to close...Read More
Eli Global Founder the Subject of Federal Subpoenas. A Mortgage M&A Deal was in Progress October 4, 2018 Paul Muolo As press time, Lindberg’s spokesman, Chuck Norman of S&A Communications, had not returned several emails and telephone calls regarding the subpoenas.Read More
Short Takes: Freddie the Final Takeout on SFR Deal / Helping Reven / Gateway Mortgage Recruiting / Sen. Warren Questions Mulvaney’s Role in Fundraiser / A Promotion at Fannie Mae October 4, 2018 Paul Muolo and Yemeng Yang Gateway Mortgage of Oklahoma is in a hiring mode these days... Read More
Securitization Market Limped Through 3Q18 with Help From Agency MBS Issuance October 4, 2018 John Bancroft The major driver was a 16.8 percent jump in Fannie Mae issuance…Read More
Warehouse Banks Ponder MSR Financing – But There’s Freddie Mac to Worry About October 4, 2018 Paul Muolo This executive, like many interviewed, called it an example of charter creep. Freddie and the FHFA think otherwise… Read More
MBS/ABS Participants Getting Used to a ‘Constructive’ Relationship with Regulators in the Trump Administration October 4, 2018 Brandon Ivey Federal regulators have changed their tone under President Trump, according to participants in the MBS and ABS markets. Read More
Nonbanks Gained Market Share in 2Q18 October 3, 2018 John Bancroft As a result, the nonbank share of new production edged up to 53.9 percent, its highest level since the second quarter of 2017.Read More
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