Short Takes: Higher Loan Limits Anticipated / Slowdown Possible / CFO Leaves FoA / Redfin Leaves NAR October 3, 2023 Brandon Ivey and Paul Muolo Rocket leads the pack on expanding conforming-loan pricing ahead of 2024 loan limits.Read More
Better Execs to Collect $17 Million in Bonuses Tied to Going Public October 2, 2023 Brandon Ivey Half of the bonus payments will be withheld until Better achieves two consecutive quarters of “positive operating cash flow.”Read More
Short Takes: A Hike in GSE Loan Limits? / Big Sky Country? Big Home Prices / The RoundPoint Deal Closes / Margin Calls on MBS / Rankings Update October 2, 2023 Paul Muolo and Brandon Ivey Margin calls on MBS investors using leverage?Read More
Government Shutdown Could Slow Some Mortgage Lending September 29, 2023 Monica Hogan Lending tied to the GSEs will largely carry on as usual though government-insured business could face some difficulties during a government shutdown.Read More
Fitch Leads Non-Agency MBS Ratings in Second Quarter September 29, 2023 John Bancroft Fitch and DBRS weathered the sharp drop in rated non-agency MBS issuance better than their competitors.Read More
ICE Touts Benefits of Black Knight Acquisition September 29, 2023 James Dohnert Mortgage investors, lenders and borrowers could all benefit from ICE's acquisition of Black Knight, according to leaders at ICE.Read More
Former Civic Leader Launches New Business-Purpose Lender September 29, 2023 James Dohnert The team that transitioned from Civic Financial Services to CV3 accounted for 90% of Civic’s estimated $3 billion loan production in 2022.Read More
Short Takes: Interest Rates Up / Still Expected to Come Down / Annaly Offers Non-QM MBS September 29, 2023 Brandon Ivey Interest rates on mortgages hit a level last seen in 2000.Read More
Lender Trade Groups Seek Reduced Government Role September 28, 2023 Brandon Ivey Leaders of the Mortgage Bankers Association and the Housing Policy Council argue that the government's role in the mortgage market is too large.Read More
Chase Tops Wells in First-Lien Holdings September 28, 2023 James Dohnert Overall, banks and thrifts held $2.491 trillion of first-lien mortgages at the end of June, up 0.7% from March.Read More