Lenders Bracing for Stagnant Home Prices Next Few Years. GSE Loan Limits? October 13, 2022 Brandon Ivey Bearish? Fannie Mae now expects home prices to decline by 1.5% on an annual basis compared to a previously estimate of +4.4%...Read More
Phoenix Launches $4B-Plus Bulk MSR Auction. More to Come… October 13, 2022 Paul Muolo Auction announcements are expected to pick up in the weeks ahead...Read More
MBA's PAC Funded 2020 Presidential Vote Objectors October 12, 2022 Monica Hogan In all, MORPAC contributed nearly $1.1 million to federal candidates in the election cycle...Read More
Home Point Cancels Credit Suisse Repo Line October 12, 2022 Paul Muolo Home Point said the lender and CS "mutually agreed to terminate" the master repurchase agreement...Read More
Private MI Loses Market Share to FHA/VA in 3Q22 October 12, 2022 Brandon Ivey Issuance of MBS with FHA purchase mortgages increased 8.1% from the second quarter...Read More
Bayview to End Lull in Jumbo MBS Issuance October 12, 2022 Brandon Ivey Jumbo MBS creation has been limited amid rising interest rates.Read More
Short Takes: The Challenge Ahead / Fitch: The MSR Gravy Train May End / FoA, What’s Left? / A Blackstone Company / More Cuts at AO October 12, 2022 Paul Muolo Finance of America went public at $10.00 a share in the spring of 2021, courtesy of its owner, the Blackstone Group...Read More
Late Court Rulings Set Stage for Fairholme-FHFA Trial October 11, 2022 Dennis Hollier The case is headed to trial soon...Read More
Does Ginnie Need a Permanent (Emergency) LOC for its Issuers? October 11, 2022 Monica Hogan Ginnie President Alanna McCargo said the industry is “facing some serious headwinds.”Read More
Market Chatter: Might loanDepot be a Takeover Target? October 11, 2022 Paul Muolo Where does loanDepot go from here?Read More