Banks Still the Largest Hog at the MBS Trough June 22, 2021 John Bancroft Banks may have ceded the residential lending game to nonbanks but they certainly love the end product...Read More
A Trip to the Debt Well for Freedom Mortgage June 22, 2021 Paul Muolo With rates headed south once again, debt issuance by nonbanks could get one last run...Read More
JPM, Others Boost Investment in Non-Agency Aggregator Maxex June 22, 2021 Brandon Ivey Maxex chief Tom Pearce said the latest investments by AGNC and Moore are part of a new equity incentive model.Read More
In Danger: The Mortgage Profit Gravy Train June 22, 2021 Once again, the primary reason cited for lower profit margins was competition from other lenders...Read More
HECM Production Remains Elevated in 1Q21 June 21, 2021 American Advisor Group was once again the top HECM lender in the nation, originating $1.17 billion of product in 1Q21...Read More
Subservicers Keep Gaining but Worry About Forbearance June 21, 2021 Paul Muolo On the surface, the numbers indicate a steadily growing and profitable niche, but...Read More
Toorak, Bayview Asset Management Bring Separate Non-Agency MBS June 21, 2021 Brandon Ivey Toorak's MBS is stocked with bridge loans, BAM''s by GSE-eligible mortgages on investment properties...Read More
FHA Loosens Requirements for Borrowers with Student Loans June 21, 2021 The Community Home Lenders Association: “This is a boon to younger families and individuals saddled with student loan debt that want to buy a home.”Read More
GSE-Eligible Loans See Fast Turn Times in Non-Agency MBS June 21, 2021 Brandon Ivey After dabbling as a non-agency MBS issuer in 2018 with two deals, loanDepot is now sharply increasing its presence in the sector... Read More
Wall Street to FHFA Regarding IL/SH Caps: Thanks June 18, 2021 Paul Muolo When one (cash) window closes, another opens...Read More