Trouble in the Fix-n-Flip Market? Not Yet… September 23, 2022 Paul Muolo The average gross profit on a fix-and-flip project in 2Q: $73,7000...Read More
Kroll Holds Lead in MBS Ratings, S&P Ups ABS Share September 23, 2022 John Bancroft Kroll held onto the top spot in rating non-agency MBS despite a 50.8% decline in quarterly volume.Read More
Short Takes: The Formula for Survival / Rates, A Historical Perspective / Bullish on MBS REITs / MSRs for Sale / AGMIT Gets a New CEO September 23, 2022 What might a 7% conventional mortgage do to the housing and mortgage markets? 8%?Read More
How Many Home Lenders are Losing Money? A Lot September 22, 2022 Paul Muolo Some shops, public and private alike, are living off the largess of the past two years.Read More
Whole Loans Coming Back as 2Q22 Agency Share Ebbs September 22, 2022 John Bancroft The growth in bank/thrift mortgage portfolios included a huge 16.2% increase in ARMs...Read More
BofA’s Moynihan Stresses Benefit of Higher Interest Rates September 22, 2022 Brandon Ivey Interest rate hikes look to be a necessary evil, according to BofA CEO Brian Moynihan...Read More
CFPB Wants to Make Refinancing Easier for 'All' Households September 22, 2022 Sam Manas CFPB Director Rohit Chopra: "The mortgage market has not provided products that allow all households to save money by refinancing at a lower interest rate."Read More
What Controversy? Ginnie Chief Weighs In on Proposed Capital Rules September 21, 2022 Monica Hogan Among the FAQs: Why isn't short-term unsecured debt eligible?Read More
When in Doubt, Nonbanks Trim or Kill Their Repo Lines September 21, 2022 Paul Muolo The cancellation list reads like a who’s who of mortgage banking...Read More
On the Agenda: Boosting Small-Dollar Mortgage Lending September 21, 2022 Monica Hogan HUD says the undervaluation of real estate in particular geographies can limit the attractiveness of renovations...Read More
RSS