CFPB Solicits Public Input on HMDA November 18, 2021 Sam Manas Of particular interest: HMDA’s effects on communities and the mortgage industry...Read More
Wholesale-Broker Delivery Held Up Better in Third Quarter Dive November 17, 2021 John Bancroft Still, all three channels saw declines in refinance loans and rising purchase-money mortgage sales.Read More
Wells Fargo Looking for a New Correspondent Chief November 17, 2021 Paul Muolo At midyear, Wells had $34.5 billion of correspondent acquisitions, ranking third in the channel...Read More
Goldman Issuing Single-Lender Non-Agency MBS November 17, 2021 Brandon Ivey The latest, a $406.1 million security with collateral from Guaranteed Rate, hit the market Tuesday.Read More
Industry Offers Early Comments on GSE Capital Rule November 17, 2021 Dennis Hollier In general, the proposed rule would reduce the required capital for Fannie Mae and Freddie Mac by decreasing the size of the prescribed leverage buffer...Read More
Commercial REIT Stays Busy with Multiple Deals November 17, 2021 Paul Muolo An analysis of the Mosaic transaction by research firm BTIG views the acquisition positively...Read More
GSE Cash Purchases Give Way to Different Strategies November 16, 2021 John Bancroft The rule has since been suspended. However, recent MBS issuance shows a continuing impact on market behavior.Read More
Another Trip to the Debt Well for Wholesale Giant UWM November 16, 2021 Paul Muolo More companies are making a trip to the debt window while it's still open...Read More
Humans Over Robots? Survey Finds Borrowers Prefer In-Person Closings November 16, 2021 Sam Manas Some 62% of mortgagors said they preferred a mobile notary when they closed...Read More
Bulk MSR Deals from IMA and Phoenix November 16, 2021 Paul Muolo With yearend approaching, more MSR auctions are expected...Read More