ARM Share Breaks Through the 12% Threshold October 3, 2022 Brandon Ivey The nation's top-three ARM lenders: Bank of America, Chase and Wells Fargo...Read More
Angel Oak Gets Line of Credit Extension October 3, 2022 Paul Muolo The facility was negotiated a few days ago through AOMI subsidiary Peachtree Mortgage....Read More
FHA Seeks Industry Feedback on Low-Balance Lending October 3, 2022 Monica Hogan FHA’s Title II program provides limits on the maximum loan amount but doesn’t set a floor...Read More
CMBS Valuation Practices Face Scrutiny in Wake of Trump Lawsuit October 3, 2022 Brandon Ivey The NY AG makes numerous allegations regarding property valuations, including on a loan that went into a commercial MBS.Read More
Its Fortunes Fading, loanDepot Execs Granted Pay Raises September 30, 2022 Retention bonuses that could reach 300% of base pay also were granted...Read More
COVID Crisis Hammered MBA’s Bottom Line in FY 2021 September 30, 2022 Paul Muolo MBA's John Mechem: "The COVID pandemic forced us to move all our in-person conferences in the covered period to online"...Read More
Securitization Rates Tumble in Second Quarter September 30, 2022 John Bancroft Even with less competition from the non-agency market, the GSEs securitized only 81.5% of conventional-conforming originations in 2Q...Read More
DOJ, Lakeland Bank Reach $13 Million Mortgage Redlining Settlement September 30, 2022 Sam Manas Under the settlement, the bank will invest at least $12 million in a loan subsidy fund for the affected areas...Read More
A Ray of Positive News: Home-Equity Originations Soar September 29, 2022 Andras Malatinszky Most junior-lien outstandings are parked on the balance sheets of federally insured depositories...Read More
Angel Oak REIT Appoints New CEO, Williams Departs September 29, 2022 Paul Muolo Morgan Stanley controls a large chunk of Angel Oak's shares...Read More
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