Earnings and GOS Decline at UWM, Share Price Gets Smacked March 1, 2022 Brandon Ivey UWM recognized a $139.0 million decline in fair value of its MSRs. At year-end, the company's portfolio had a weighted-average coupon of 2.94%.Read More
Record GSE Allocations to Housing Trust Fund and Capital Magnet Funds March 1, 2022 Dennis Hollier The HTF will receive about $740 million in 2022, the CMF $398 million.Read More
CFPB Broadens Public Access to its Rulemaking Process March 1, 2022 Sam Manas Submissions will be reviewed by the Office of the Executive Secretary in consultation with the legal division...Read More
A Bit of a Tumble in Mortgage Earnings for Depositories February 28, 2022 Brandon Ivey Among 461 banks and thrifts in the analysis, only seven lost money on mortgage banking during 4Q...Read More
Non-QM Loan Pricing Hits a Dry Patch February 28, 2022 Paul Muolo In recent weeks, buyers of non-QM whole loans have scaled back their bid prices.Read More
Prestwick Offering Roughly $882 Million of GSE MSRs February 28, 2022 Paul Muolo Servicing prices are the strongest they’ve been in years, a situation that isn’t likely to change anytime soon.Read More
GSE Multifamily Earnings: A Nice Gain for Fannie, Freddie Not So Much February 28, 2022 Dennis Hollier In particular, Fannie benefited from loan-loss recaptures...Read More
Ginnie Considering Changes to Support CDFIs February 25, 2022 Monica Hogan The new Ginnie Mae chief said the agency hasn’t yet determined what avenues would make sense but “specialized pools” could be a possibility...Read More
MSR Market in Danger of Getting Too Frothy? We're Not There Yet February 25, 2022 Paul Muolo For some large sellers of mortgage servicing rights, the sale of smaller portfolios just isn’t worth their time...Read More
An Earnings Slide for Rocket but Company Declares Special Dividend February 25, 2022 Paul Muolo To date, Rocket has repurchased 20.7 million shares at an average price of $15.08 a unit...Read More
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