As Secondary Market Volume Drags, Maxex Trims Staff March 25, 2022 Paul Muolo CEO Tom Pearce noted the cutbacks were a difficult choice...Read More
S&P #1 in 2021 ABS Ratings, Moody's Takes the RMBS Crown March 25, 2022 John Bancroft Moody's more than quadrupled its annual RMBS ratings volume...Read More
Can't Afford a House Close to Work? Millennials Seek Vacation Homes as First Buys March 25, 2022 Further complicating the issue: Vacation home loans don’t qualify for government loan programs.Read More
Phoenix Capital, Prestwick Announce Bulk MSR Auctions March 25, 2022 Paul Muolo With rates climbing, MSR sellers are at a distinct advantage, one that could last for some time...Read More
Agencies Took Larger Share of 1-4 Mortgage Debt in 2021 March 24, 2022 John Bancroft Freddie posted the bigger gain of the two with a hefty 18.5% surge in single-family MBS outstanding...Read More
A Trying Time for Originators as Rates Continue to Rise March 24, 2022 Paul Muolo The California-based American Pacific Mortgage is looking for origination platforms east of the Mississippi, but not necessarily near the coasts...Read More
CFPB Issues Warnings on Lenders Stifling Consumer Critiques March 24, 2022 Rohit Chopra: “In America, no corporation should be able to silence a customer from posting an honest review online.”Read More
Finance of America Selling MSRs March 24, 2022 FoA became public roughly a year ago via a special purpose acquisition company maneuver.Read More
White House Establishes Plan to Root Out Appraisal Discrimination March 23, 2022 Monica Hogan A senior administration official said the task force will continue its work beyond the release of the plan. In other words, more to come...Read More
Jumbo Lending Through Correspondents Increases in Fourth Quarter March 23, 2022 Brandon Ivey The increase in correspondent lending was driven by JPMorgan Chase and Wells Fargo...Read More