Redfin: Lenders Lose Market Share on Purchase Deals January 10, 2023 Brandon Ivey Cash sales have gained market share during a time when mortgage financing typically increases...Read More
Short Takes: SCOTUS Nixes Takings Appeal / Home Purchase Sentiment Ticks Up Slightly / Judge Tosses AML Countersuit In UWM Case January 10, 2023 Dennis Hollier SCOTUS declines appeal of net worth sweep case, effectively ending GSE shareholders' takings argument.Read More
A New Reality for GSE Loans: Better FICOs, Lower LTVS January 9, 2023 Andras Malatinszky Notable: Roughly 9.9% of all purchase loans were in the under-60% LTV range, a 289-bps increase since the first quarter.Read More
CFPB Lingo Change Could Make Bank-Statement Loans Tricky January 9, 2023 Sam Manas Change Home Mortgage General Counsel Alan Lindeke said that could be an issue for some lenders...Read More
Using Mortgage Wealth to Buy an NBA (and WNBA) Team... January 9, 2023 Paul Muolo The NBA need not worry about Ishbia's wealth...Read More
The YOY Mortgage Job Loss Tally: 41,700, With More to Come… January 6, 2023 Paul Muolo At the end of November, firms classified by the federal government as “real estate credit” had 250,200 full-timers on their payrolls.Read More
Turn Time Slows with Annaly’s Latest Non-QM MBS January 6, 2023 Brandon Ivey Loans in the new MBS have seasoned for an average of 5.4 months.Read More
Agency Market Staggers in December, Ginnie the Largest Issuer in 4Q at 38% January 5, 2023 John Bancroft In the fourth quarter, Ginnie was the largest issuer of agency MBS with a 38.1% share...Read More
Lenders Strategize to Get Through a Tough First Half January 5, 2023 Paul Muolo Industry veteran Paul Rozo said his company, PRMG, is playing "the long game"...Read More
A Busy Year for Mortgage Legislation? Not Likely January 5, 2023 Brandon Ivey MBA's Killmer believes the lower chamber will be reactive, rather than proactive, on housing issues...Read More
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