Depositories Nibble at Nonbank Share of Mortgage Lending June 23, 2022 John Bancroft Nonbanks experienced a 27.8% decline...Read More
A Slowdown for Housing? Not If You Look at KB Home’s 2Q Results June 23, 2022 Paul Muolo The builder's mortgage unit, KBHS Home Loans, benefited from an increase in interest rate lock commitments...Read More
HELOCs Back in Style? Figure is Bullish June 23, 2022 Monica Hogan As Figure's Jackie Frommer noted, “We’re seeing an incredible increase in demand"...Read More
A Nice Pay Raise for Sachem’s Chairman and CEO June 23, 2022 Paul Muolo Sachem, which is a REIT, earned $4.35 million in the first quarter compared to $2.18 million in 4Q21.Read More
Mortgage Brokers Take it on the (Conventional-Conforming) Chin in 1Q22 June 22, 2022 Brandon Ivey The largest table-funder of loan brokers is United Wholesale Mortgage...Read More
A $5B-a-Year Lender Sold to Fintech Firm June 22, 2022 Paul Muolo Hamilton is led by industry veterans Pat Sheehy and Mark Korell...Read More
More Turbulence for Non-QM Whole Loans? June 22, 2022 Paul Muolo A federally insured bank that had been buying non-QMs on a correspondent basis last month shut its window.Read More
Fannie, Freddie Impose Fees on Certain Resecuritizations June 22, 2022 Dennis Hollier The motivation for the fee is still somewhat fuzzy...Read More
Trouble Ahead? Seller Repurchases of Fannie/Freddie Loans Spike June 21, 2022 John Bancroft It marks the first time quarterly repurchases topped the $1 billion mark since the second quarter of 2014.Read More
Private Equity Finds Gold in MSR Investments June 21, 2022 Paul Muolo A trust-worthy asset class, at least for now: mortgage servicing rights...Read More
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