A 34% Production Decline at First Republic October 14, 2022 Brandon Ivey The bank's originations lean heavily toward jumbos...Read More
What Goes Up, Comes Down: Nonbank Repo Lines October 14, 2022 Paul Muolo One veteran warehouse manager, requesting anonymity, said his nonbank clients are looking to reduce spending anywhere they can.Read More
Short Takes: GSEs Need to Update Pricing / Edicts for Fannie and Freddie / A Better Talent Pool? / Rocket CEO Keeps Buying Shares / Regulatory Update October 14, 2022 A better employee talent pool may be headed Fannie's and Freddie's way...Read More
Nonbank Share of Ginnie MSR Market Just Shy of 80% at Sept. 30 October 13, 2022 John Bancroft Will changes to the eligibility rules alter the incredible grip nonbanks have on the GNMA market?Read More
Two Harbors Pre-Announces 3Q Results, Makes a Big Adjustment to BV October 13, 2022 Paul Muolo These are not fun times for publicly traded mortgage stocks. REITs are no exception...Read More
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
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