Angel Oak Issues Non-Agency MBS Backed by Short Term Fix-and-Flip Loans March 15, 2018 Brandon Ivey “The short-term nature of the collateral paired with an attractive yield makes for a rare opportunity in today’s investing climate,” said Angel Oak’s Sreeni Prabhu…Read More
Senate’s Bipartisan Dodd-Frank Reform Bill Moves on to Uncertain Future March 15, 2018 Yemeng Yang The bill passed by the Senate includes a wide range of changes to mortgage rules, including tweaks to consumer disclosure requirements…Read More
Impac’s Share Price Clocked After Reporting a Huge Loss for 4Q17 March 15, 2018 Paul Muolo Mangiaracina’s resume includes stints at UBS Securities and Deutsche Bank…Read More
Short Takes: Union Bank Really Likes HELs / Falling Rates or a Head Fake? / BRAWL is Taking Down Names and Handing out Report Cards / Impac Executive Gets an Additional Title March 15, 2018 Brandon Ivey and Paul Muolo Rates are falling once again but don't pop the champagne quite yet...Read More
PIMCO Hungry for Reperforming Loans March 15, 2018 Paul Muolo PIMCO might be hungry for RPLs but inventory is declining…Read More
Subservicing Volumes Begin to Ebb but Long-Term Prospects Look Good March 14, 2018 Paul Muolo At the end of the fourth quarter, Cenlar ranked first among all subservicers…Read More
Fitch: Consolidation Expected Among Nonbank Servicers. Rising Costs a Major Concern March 14, 2018 Brandon Ivey Fitch said independent nonbank servicers remain vulnerable to rising costs…Read More
IMA Hits the Market with a Large Bulk GSE Auction March 14, 2018 Paul Muolo The package from IMA boasts low delinquencies and a high percentage of loans based in California…Read More
Fresh Off of Restructuring Walter/Ditech, Renzi Joins the Nation’s Largest Subservicer March 14, 2018 Paul Muolo Earlier this year, Renzi stepped down as CEO and president of Walter Investment Management Corp., the parent of Ditech Financial...Read More
The Final Tally for 2017: $251 Billion of FHA Loans March 14, 2018 George Brooks California led all states in FHA mortgage securitization with $39 billion…Read More
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