Large GSE Servicers Gain Share in Second Quarter July 26, 2023 Dennis Hollier The 25 largest GSE servicers handled 73.7% of the servicing volume as of the end of June, up from a 72.9% share at the end of March.Read More
Income Up Sharply at Mr. Cooper in Second Quarter July 26, 2023 Paul Muolo Income at Mr. Cooper jumped from $37 million in the first quarter to $142 million.Read More
CrossCountry to Issue Its Own Expanded-Credit MBS July 26, 2023 James Dohnert CrossCountry is set to issue its first expanded-credit security created in partnership with Hildene Capital Management.Read More
PacWest to Merge With Banc of California July 26, 2023 Brandon Ivey Both banks look to be selling off residential mortgages as part of the merger.Read More
Short Takes: Home Price Plateau? / HUD Officials at NYSE / Low Downpayment Offering From Guaranteed Rate / Terra Property Trust Buys Some AGMIT Stock July 26, 2023 Brandon Ivey Home prices could decline in the coming months, according to analysts at Capital Economics.Read More
Mortgage Complaints to CFPB Down in Second Quarter July 25, 2023 Sam Manas Complaints declined by nearly 30% compared with the first quarter.Read More
AGNC Rebounds in Second Quarter With Agency MBS July 25, 2023 Brandon Ivey Investments in agency MBS are offering strong returns as banks have pulled away from the investments.Read More
Federal Agencies Placing Emphasis on Housing Equity July 25, 2023 Monica Hogan A DOJ official suggests that more redlining cases are coming...Read More
FHFA to Court: Statements by Former Directors Irrelevant July 25, 2023 Dennis Hollier Plaintiffs in Berkley Insurance v. FHFA want to include comments and congressional testimony from former FHFA Directors Mel Watt and Mark Calabria.Read More
Short Takes: House Prices Tick Up / Pulte Boosts Originations / MSR Offerings From MIAC July 25, 2023 Brandon Ivey and Paul Muolo The average house price increased by 0.7% on a monthly basis in May...Read More
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