A Price War During a Difficult Time for Originators November 29, 2022 Paul Muolo A fair question: Will today's price breaks come back to haunt lenders tomorrow?Read More
Non-Agency Jumbo Lending Takes a Market Share Hit November 29, 2022 Namrata Bhatia Near the end of the third quarter, the average interest rate on a 30-year fixed-rate jumbo was 6.384%...Read More
Phoenix Offers GSE MSRs With a Mid-Atlantic Concentration November 29, 2022 Paul Muolo The seller wants to close the deal in early 2023...Read More
Bank ABS Holdings Decline Again in 2022 Third Quarter November 29, 2022 John Bancroft TD Bank was the biggest ABS investor overall...Read More
Retail Slumps, Third-Party Lenders Gain Ground in a Tough Market November 28, 2022 John Bancroft In 3Q22, refi accounted for just 25.6% of agency retail loans...Read More
Angel Oak Sells Underwater Non-QMs for 83 Cents on the Dollar November 28, 2022 Paul Muolo The information was contained in 8-K filed just before the Thanksgiving holiday.Read More
JPMorgan Readies First DSCR MBS. 20% of the Collateral Comes from Sprout November 28, 2022 Namrata Bhatia The DSCR security from JPM is secured by 980 loans...Read More
Lenders, Analysts Remain Nervous About Ginnie's Eligibility Rules November 28, 2022 John Bancroft The most controversial part of the scheme: a 250% risk weight on agency MSRs...Read More
Time for UWM to Move Servicing Inhouse? Not Really November 23, 2022 Paul Muolo loanDepot moved its servicing inhouse. UWM is sticking with its two subservicing vendors...Read More
Despite Market Churn, MSR Financing Is in Good Supply November 23, 2022 John Bancroft There haven’t been many capital markets deals lately because spreads are too wide, noted one panelist...Read More
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