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Lone Star Stays the Course with New Nonprime MBS

May 30, 2018
Brandon Ivey
On average, mortgagors documented $426,633 in liquid reserves...
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Another California Mortgage Casualty: First Cal

May 30, 2018
Paul Muolo
Liquidation counsel Michael St. James did not return a telephone call and email regarding the situation.
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Leading Candidate for Top MBA Job Says He’s Not Interested

May 30, 2018
Paul Muolo
Candidates for the job have included Kevin Shavers, Robert Broeksmit and others…
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More Big Swings in GSE Single-Family MBS Business in April

May 29, 2018
John Bancroft
However, Freddie still has some catching up to do to reach the 40.2 percent GSE share it had last year.
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Ditech in Danger of Being Delisted from NYSE Due to Accounting Issues, Low Capitalization

May 29, 2018
Brandon Ivey
The nation’s 12th largest servicer of home mortgages is in danger of getting booted off the NYSE.
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$1B a Year Lender First Direct Stops Taking New Applications. More to Come?

May 29, 2018
Paul Muolo
Is First Direct a harbinger of things to come?
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Non-Agency MBS Making Big Strides in 2018

May 29, 2018
John Bancroft
And there is significant price tiering in the market…
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IMA, Phoenix Offering MSR Packages

May 29, 2018
Paul Muolo
According to the offering circular, the average loan balance is $230,368 with delinquencies totaling 5.80 percent...
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Short Takes: All FHFA Wants is Parity / GAO Favors It / Suddenly, Bonds Rally (Credit the Italians) / MIAC Selling S&Ds / New Hires for These Mortgage Vendors

May 29, 2018
Paul Muolo
The FHFA argues: "In contrast, other federal safety and soundness regulators have statutory authority to examine companies that provide services to depository institutions..."
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Real Estate Agents Prefer Nonbanks when Making Referrals for Purchase Mortgages

May 25, 2018
The top four lenders receiving the highest rate of “likes” and lowest rate of “dislikes” from real estate agents were all nonbanks: Fairway Independent, Movement Mortgage, Guild Mortgage and Guaranteed Rate.
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Latest Imf News

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Featured Data

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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