Academic Study Finds TRID Prompted Lower Approval Rates March 15, 2022 Sam Manas The researchers analyzed nearly 8 million residential loan applications, both approved and denied...Read More
GSE CRT Issuance Drops in 2021 Despite Fannie’s Return March 15, 2022 Dennis Hollier Except for a $1.70 billion lender risk deal with PennyMac in the fourth quarter of 2020, Fannie had no CRT activity until October 2021.Read More
Increase in Mortgage Limits Impacts GSE Seller Volume March 14, 2022 Dennis Hollier The top five loan sellers to the GSEs in February: Rocket, UWM, Chase, Wells Fargo and loanDepot...Read More
A Ginnie EBO Portfolio Hits the Auction Circuit March 14, 2022 Paul Muolo Bids on the whole loan package are due by St. Patrick's Day...Read More
Mortgage Firms Put on Alert for Russian-Related Cyber Attacks March 14, 2022 Monica Hogan The Federal Reserve is in constant communications with financial institutions regarding cyberattacks...Read More
As Refinances Ebb, Originators Turn to New and Little-Used Products March 14, 2022 Brandon Ivey Mountain America recently launched a one-time-close loan, which can be used for home construction or renovations.Read More
PE Firm Hungry to Consolidate Fix-and-Flip Lenders March 11, 2022 Paul Muolo Mark Filler: “We’d like to buy at least a half-dozen mid-sized lenders and consolidate them.”Read More
A Strong 4Q for Non-Agency Lender Velocity Financial March 11, 2022 Brandon Ivey Velocity sources its production through mortgage brokers.Read More
Mortgage-Related REITs Scale Back Agency MBS, Lean to Non-Agency March 11, 2022 John Bancroft Most of the decline was in portfolio holdings of mainstream agency MBS...Read More
Impac Posts 4Q21 Profit but CEO Strikes Cautious Tone March 11, 2022 Paul Muolo Impac's CEO said the first quarter of 2022 introduced "increased volatility and heightened market awareness of non-transitory inflation, and credit and liquidity risk brought on by geopolitical events."Read More
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