When in Doubt, Nonbanks Trim or Kill Their Repo Lines September 21, 2022 Paul Muolo The cancellation list reads like a who’s who of mortgage banking...Read More
On the Agenda: Boosting Small-Dollar Mortgage Lending September 21, 2022 Monica Hogan HUD says the undervaluation of real estate in particular geographies can limit the attractiveness of renovations...Read More
KBRA: Non-Agency MBS Investors Protected From Failing Lenders September 21, 2022 Brandon Ivey KBRA says the residential MBS market has many features that reduce the correlation between lender failure and future loan performance...Read More
Another Look at 2Q Lending: Depositories Continued to Garner Market Share September 20, 2022 Namrata Bhatia Nonbanks’ market share contracted to 63.4%..Read More
In a Tough Market, Fifth Third Moves Ahead With Warehouse Initiative September 20, 2022 Paul Muolo The new warehouse effort comes at a difficult time for nonbank borrowers...Read More
Jumbo Correspondent Originations Jump in 2Q22 September 20, 2022 Dennis Hollier Jumbo lending through correspondents increased by 20.5% from the first to the second quarter.Read More
McCargo In One-on-One Talks With Issuers Over Eligibility Standards September 19, 2022 Monica Hogan The Ginnie Mae chief said “the majority” of its issuers would already be in compliance...Read More
MSR Values Drift Down From Their Highs. The Ginnie Factor? September 19, 2022 Paul Muolo MIAC's Mike Carnes: MSRs remain an attractive asset to own, generating a nice return...Read More
Credit Suisse Unit Agrees to Purchase Assets of Subservicer Rushmore September 19, 2022 Paul Muolo At midyear, Rushmore was performing subservicing chores on roughly $45.0 billion of residential loans...Read More
PacWest Bank Plans Unique Non-Agency CRT Transaction September 19, 2022 Brandon Ivey PacWest's non-agency credit risk transfer is planned as a one-off, with the bank acquiring loans from various lendersRead More
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