An Earnings Drop for Mr. Cooper but Stock Spikes on Sagent News February 11, 2022 Brandon Ivey At midday, Mr. Cooper's shares were up 16%...Read More
Servicing Sales? Off the Charts February 11, 2022 Paul Muolo Nonbanks are more willing than ever to part with their MSRs...Read More
In 4Q21, An Adjustment for Conventional Origination Volumes February 10, 2022 Rocket Mortgage ranked as the top originator of conventional-conforming loans with an estimated $279.3 billion in volume.Read More
A Slightly Lower Profit for Freddie. Note: Higher Credit Expenses February 10, 2022 Paul Muolo and Dennis Hollier Although earnings slipped, net revenues increased to $5.57 billion from $5.25 billion in 3Q21.Read More
Redwood’s Net Income Drops by 50% February 10, 2022 Brandon Ivey Moves by the Fed and a crowded prime non-agency MBS market led to lower income for Redwood...Read More
FHFA to Replace (Calabria's) Strategic Plan February 10, 2022 Dennis Hollier Ending the conservatorships is out, saving housing finance from climate change is in...Read More
Whole-Loan Prices for Non-QMs Slip... February 9, 2022 Paul Muolo The lower pricing means MBS deals can still get done, but non-QM originators will be forced to raise their rates to make the numbers work.Read More
Lenders Seek Clarity on FHA Loan Servicing Taxonomy February 9, 2022 Monica Hogan But the trades groups also believe implementation and development of new guidance should not be rushed.Read More
Up for Grabs: $11.5 Billion of Fannie/Freddie MSRs February 9, 2022 Paul Muolo Sellers of mortgage servicing rights are striking while the iron is hot.Read More
Approaching a 4% Conventional Mortgage, Applications Fall Again February 9, 2022 Paul Muolo Might we see a 5% conventional mortgage by yearend?Read More
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