UWM Extends Rate Buydowns, Offering Temporary Discounts of Up to 300 BPs November 16, 2022 Paul Muolo There are different variations on the rate discount...Read More
Short Takes: Some Turbulence for Rocket / About Those Dividends… / UWM’s Streak Will Continue / New Applications / LD Cancels JVB Line November 16, 2022 Paul Muolo UWM's CEO said he will keep paying a dividend on the common...Read More
A Loss for Better.com’s Merger Partner, ‘Going Concern’ Issue Raised November 15, 2022 Paul Muolo Better’s founder and CEO Vishal Garg isn’t mentioned in the 10-Q except for some references in the footnotes.Read More
Velocity Shifting to Defensive Posture; Records Strong 3Q November 15, 2022 Namrata Bhatia Velocity, like other non-agency originators, is starting to tighten underwriting standards...Read More
loanDepot’s Debt Price Nears the 50 Cents Threshold November 14, 2022 Paul Muolo Deeply discounted debt is not a good sign...Read More
CrossCountry Circling Angel Oak’s Branches November 11, 2022 Paul Muolo Among originators, CrossCountry ranks 19th overall, according to Inside Mortgage Finance...Read More
FHFA Lowers Multifamily Loan Caps for Fannie and Freddie November 11, 2022 Dennis Hollier The regulator's move anticipates declining volume in the multifamily market, but expands support for workforce housing.Read More
Jumbo Market Clobbered in 3Q... November 10, 2022 John Bancroft Most of the top lenders in conventional/conforming recorded hefty declines, with one huge exception...Read More
Non-QM Giant Angel Oak Exits Retail, Will Focus on TPO November 10, 2022 Earlier in the week, sources informed Inside Mortgage Finance that Angel Oak was about to make a change regarding retail...Read More
UWM Chief Sees More Pain Ahead for Originators November 10, 2022 Paul Muolo For home lenders, the difficulties will continue...Read More
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