Non-Agency MBS Issuance Tops Pre-Pandemic Levels in 2021 January 11, 2022 Brandon Ivey Expanded-credit MBS issuance also increased in 2021, though it remained below the level seen in 2019.Read More
Earnings Season is About to Start. Hope for Mortgage Bankers? January 11, 2022 As Wedbush Securities notes in a new report, “We expect lower prepayment speeds should lead to positive marks on MSR values in the quarter.”Read More
Servicers Skittish on Moving Forward with Foreclosures January 11, 2022 Brandon Ivey With the CFPB watching closely, mortgage servicers are careful about how they approach foreclosures...Read More
UMortgage Adds Mortgage Brokerage Firm The Bally Team January 11, 2022 Monica Hogan Bally's resume includes stints at United Wholesale Mortgage, Quicken Loans and J&B Processing.Read More
A Record-Setting Year for Ginnie Mae MBS Issuance January 10, 2022 Brandon Ivey The top issuer for the year: Freedom Mortgage with a whopping $106.9 billion...Read More
Mortgage Pink Slips Begin to Proliferate. Non-QM Sector Insulated? January 10, 2022 Paul Muolo In recent interviews, mortgage executives, overall, have revealed mixed plans regarding hiring...Read More
Non-QM Pioneers Angel Oak and Acra See Strong Growth Ahead January 10, 2022 Paul Muolo Angel Oak just closed its ledger on 2021, winding up with originations of $3.9 billion.Read More
Fannie and Freddie Expect Record CRT Issuance in 2022 January 10, 2022 Dennis Hollier Freddie said it plans to “introduce new slices” to its STACR M-1 tranches.Read More
Short Takes: On Thursday SBC Reviews FHFA Nominee Thompson / Questions About the Conservatorships? / 10 Years of Profitability / Dollar Stocks / Changes at UI January 10, 2022 Monica Hogan and Paul Muolo In case you didn’t know, 2022 will mark the 10th year that Fannie and Freddie have operated as profitable companies...Read More
The Final MBS/ABS Tally for 2021: A Record $4.3 Trillion January 7, 2022 John Bancroft Continued low interest rates, courtesy of the pandemic, was a key factor in the results...Read More