UWM Settles Overtime Pay Lawsuit to Focus on Business June 10, 2022 Monica Hogan The settlement won’t prompt any changes to UWM’s policies or practices...Read More
The Big Question: Should the Fed Hike Rates or Sell MBS? June 10, 2022 Dennis Hollier The impact of balance sheet reductions, which effect the supply of long-term securities, is more tangential.Read More
Ouch: A 41% Drop in Conforming Jumbos June 9, 2022 John Bancroft The conforming-jumbo share of agency business fell from 7.5% in December to 6.7% in January as the new loan limits took effect...Read More
Wells Fargo and Mortgages, The Love Affair Is Over June 9, 2022 Brandon Ivey CEO Scharf said GSE underwriting guidelines put Wells in a “difficult" position...Read More
Rocket Chief Steps Up to the Plate, Buying Shares June 9, 2022 Paul Muolo When a CEO buys shares in his own company, it's a bullish sign...Read More
GSEs Release Equitable Housing Finance Plans June 9, 2022 Dennis Hollier Fannie's and Freddie's long-awaited plans show good intentions...Read More
Better.com, Garg in Hot Water Once Again June 8, 2022 Paul Muolo A five-plus year veteran of Better.com, Pierce was fired by Better in February of this year.Read More
Velocity Preps Non-Agency MBS, Ending a Lull in Market Activity June 8, 2022 Brandon Ivey The $315.2 million MBS includes a mix of commercial RE and residential investment properties.Read More
Fannie/Freddie Sellers Feel the Pinch in May... June 8, 2022 Dennis Hollier June could see an improvement in issuance but it likely won't be huge...Read More
Saving the Day in 1Q22: MSR Markups June 8, 2022 Brandon Ivey Overall, the 21 shops reported a loss of $1.27 billion from mortgage production activities in 1Q22...Read More
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