The M&A Train Has Arrived. How Far Will It Go? May 7, 2021 Paul Muolo Among those looking to buy: private-equity firms...Read More
A Sharp (and Welcome) Decline in Ginnie Delinquencies May 7, 2021 John Bancroft Late payment rates peaked in June at 11.82% as borrowers struggled with the impact of the pandemic on economic activity.Read More
New Fannie/Freddie Purchase Limits a Mixed Bag for the Non-Agency Market May 7, 2021 Brandon Ivey The shift is tied to GSE PSPA amendments, which came in January...Read More
Blood Boils Regarding Fed Chair's Stance on NBs and CRA May 6, 2021 Powell didn’t mince words: "You see activities that had once been principally the province of banks moving into the nonbank sector."Read More
Slow Growth in the Servicing Arena, Wells Stills Leads the Pack May 6, 2021 John Bancroft Wells Fargo once again ranked first, followed by Cenlar, JPMorgan Chase, Mr. Cooper and Quicken Loans...Read More
MFA to Acquire Business-Purpose Lender Lima One May 6, 2021 Brandon Ivey MFA already owned a minority stake in Lima One. Read More
Rocket Posts Strong Results for 1Q21 but Share Price Gets Clobbered May 5, 2021 Paul Muolo One bit of positive news: the company marked up the asset value of its MSRs by a stunning $1.44 billion to $4.31 billion, a 50.3% sequential improvement.Read More
Lower Earnings for Radian as NIW Declines in 1Q May 5, 2021 Paul Muolo Radian's MI provision for losses fell to $45.9 million in 1Q21 from $56.3 million in the fourth quarter.Read More
Yet Another New Record for Agency MBS Issuance May 5, 2021 John Bancroft More gas left in the MBS tank? Certainly looks that way...Read More
New Residential’s Income Jumps in 1Q, Aided by MSR Marks May 5, 2021 Brandon Ivey In early April, New Residential agreed to buy competitor Caliber Home Loans for roughly $1.68 billion. Read More
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