MFA Stocks MBS with Cash-Out Refi IPLs February 7, 2023 Brandon Ivey The DSCR loans have an average interest rate of 7.0%.Read More
Freddie QC Chief: Mortgage Defect Rates Remain Elevated February 6, 2023 Dennis Hollier The Fannie official began his presentation with the top 10 defects discovered by his QC team...Read More
Depositories Face the Music on Motgage Profits February 6, 2023 John Bancroft Note: Once upon a time, Wells regularly was the top bank in the business...Read More
Servicing Saves the Day at PennyMac, Originations Off by Just 11.6% February 3, 2023 Paul Muolo PennyMac booked $82.6 million of gains on the portfolio in 4Q22 but most of that was offset by hedging losses. Read More
MBA Chief Broeksmit: LLPA Grids are Complicated, Complex February 3, 2023 Dennis Hollier The new pricing grids from FHFA boast 216 "cells"...Read More
AmeriSave and Its Former Employees Head to Arbitration February 3, 2023 Sam Manas The laid-off workers filed their lawsuit in November...Read More
Ginnie SVP Has a Sympathetic Ear for Struggling Nonbanks February 2, 2023 Brandon Ivey The Ginnie SVP said the agency has "lots of love" for IMBs...Read More
More Banks Expected to Pull the Mortgage Plug February 2, 2023 Paul Muolo Rest assured, additional restructuring moves and departures are in the works.Read More
Better Times for Lenders? Hopefully, Later in the Year February 1, 2023 Brandon Ivey Mortgage executive Chrissi Rhea: "I’m looking forward to 2023 because it can’t be as bad as 2022."Read More
Fix-and-Flip Players Turn to Fix-and-Rent February 1, 2023 Brandon Ivey Entry-level buyers are the largest share of purchasers for flipped homes...Read More
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