Mega REIT Annaly Plans to Increase Non-Agency Mortgage Activity May 3, 2022 Brandon Ivey No secret here: Annaly is becoming a player in the non-agency whole loan market...Read More
Ginnie Delinquencies Decline in 1Q22 May 3, 2022 Monica Hogan Late payments on FHA loans narrowed by 78 basis points from the fourth quarter of 2021...Read More
Expanded-Credit MBS Issuance Hits Record in 1Q22 May 2, 2022 Brandon Ivey The increase in expanded-credit MBS issuance in 1Q22 was driven by non-QMs...Read More
A Particularly Brutal Production Quarter for Fintech Better.com May 2, 2022 Paul Muolo Given steeply higher rates and much narrower lending profits the past six months, Better’s journey to the NYSE has been anything but smooth.Read More
Servicers Raise Concerns Over GSE Eligibility Requirements May 2, 2022 Dennis Hollier MBA criticized FHFA’s plan to impose a 2% liquidity requirement on servicers’ hedging position in the TBA market...Read More
The FHA Lender Penalty Tally for FY21: A Mere $11 Million May 2, 2022 The take-away compared to years past: FHA lenders appear to be behaving themselves...Read More
Redwood to Acquire Bridge-Loan Originator; Profit Declines in 1Q April 29, 2022 Brandon Ivey Riverbend Funding originated more than $1.0 billion of bridge loans over the past 12 months...Read More
Another Robust Week for Mortgage Servicing Sales April 29, 2022 Paul Muolo MSR prices remain strong and could move even higher, some investment bankers predict...Read More
Blow-out Earnings for Mr. Cooper. Reason: Huge MSR Gains April 29, 2022 Paul Muolo And let us now praise MSRs...Read More
Buyouts from Ginnie MBS Revert Back to Pre-Pandemic Levels April 29, 2022 Brandon Ivey Another factor: the drop in repurchases appears to be driven by improvements in delinquency rates.Read More
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