MSR Values Drift Down From Their Highs. The Ginnie Factor? September 19, 2022 Paul Muolo MIAC's Mike Carnes: MSRs remain an attractive asset to own, generating a nice return...Read More
Credit Suisse Unit Agrees to Purchase Assets of Subservicer Rushmore September 19, 2022 Paul Muolo At midyear, Rushmore was performing subservicing chores on roughly $45.0 billion of residential loans...Read More
PacWest Bank Plans Unique Non-Agency CRT Transaction September 19, 2022 Brandon Ivey PacWest's non-agency credit risk transfer is planned as a one-off, with the bank acquiring loans from various lendersRead More
Lenders Raise Loan Limits Ahead of FHFA, Again September 19, 2022 Brandon Ivey The loan limit hiking club includes Rocket Mortgage, UWM, PennyMac and others...Read More
RMBS Market Up Again in June, Agency Hums Along September 16, 2022 John Bancroft The only sectors of the primary market to see any growth in 2Q22 were jumbo and expanded-credit mortgages...Read More
LO Signing Bonus Turns Heads. $2 Million? Really? September 16, 2022 Monica Hogan It seems like a lot of money to pay in tough times...Read More
Wall Streeter Gets Top Risk Job at Fannie Mae September 16, 2022 Paul Muolo Moon also has worked for GE Capital, Bank of Tokyo Mitsubishi and Bankers Trust.Read More
Phoenix Selling $7.4 Billion of MSRs for Utah-Based Lender September 16, 2022 Paul Muolo Still a good time to sell servicing rights? It depends on your price expectations...Read More
Jumbo a 2Q22 Bright Spot, But Not for Fannie/Freddie September 15, 2022 UWM and Rocket Mortgage are battling it out to be the top agency jumbo sellers, according to figures compiled by Inside Mortgage Finance...Read More
Change Lending Readies its Largest Non-QM MBS to Date September 15, 2022 Brandon Ivey Loans in the deal have seasoned for an average of two months.Read More
RSS