Securities Professionals Applaud SEC Relief on Disclosure Rule December 5, 2022 Namrata Bhatia The Structured Finance Association lauded the SEC’s decision...Read More
Phoenix Out With Another MSR Deal, This One Top-Heavy With NY Product December 5, 2022 Paul Muolo The bid deadline is Dec. 6...Read More
Who Bought Angel Oak's Non-QM Loans? An Investor Based in Atlanta... December 2, 2022 Paul Muolo The loans sold for 83 cents on the dollar. Par is 100...Read More
REITs Report Small Gain in Residential MBS in 3Q December 2, 2022 John Bancroft Annaly remained the top REIT MBS holder with $81.88 billion at Sept. 30...Read More
Guild Buys $1.7 Billion-a-Year Midwest Originator December 2, 2022 Paul Muolo It’s believed to be one of the first “franchise” M&A deals by a publicly traded mortgage company during the downturn...Read More
Subservicing a Solid Option. However... December 2, 2022 John Bancroft “Now delinquencies are low,” said one executive, “but we think that in about two years it will be different.”Read More
Short Takes: Brokers Face the Layoff Ax Too / Wells Won’t Say / UWM’s Ishbia: Cut the FHA MIP Now / More Repo (Warehouse) Lines Reduced December 2, 2022 Paul Muolo and Monica Hogan A Wells spokesman would not provide specifics on the mortgage layoffs...Read More
An Increase in Purchase Lending? That's Correct December 1, 2022 John Bancroft The top three purchase lenders through the first nine months of 2022: UWM, Wells Fargo and PennyMac Financial...Read More
FDIC-Insured Crypto Lender Pulls the Plug on Warehouse Finance December 1, 2022 Paul Muolo Sources told Inside Mortgage Finance that Silvergate is transferring its warehouse business to another bank...Read More
CHLA Asks FHA, FHFA to Intervene on Costs of Credit Reports December 1, 2022 Monica Hogan Trade group President Taylor Stork said the reasoning behind the price increases have been shrouded in secrecy...Read More