Short Takes: Leveraging Cash for Non-QM Lending / AO’s REIT Trading in a Tight Range / Eye on Rates / Robust MSRs / Alterra Gets a New President August 26, 2021 Paul Muolo and Brandon Ivey Non-QM lender Angel Oak is looking to crank up originations...Read More
The Final Tally: Nonbank Earnings Plummet as Margins Shrink in 2Q August 25, 2021 John Bancroft Nonbank earnings season is over. The bottom line: profits fell, but that was to be expected. The big question: Where do we go from here?Read More
Home Point Hit With Multiple Downgrades by Fitch. MSRs May Be Sold August 25, 2021 Paul Muolo The nonbank is contemplating selling some of its MSRs...Read More
As Summer Comes to An End, Applications Rise August 25, 2021 Paul Muolo The FHA share of total applications increased to 11.0% of the pie compared to 9.4% the week prior...Read More
Mr. Cooper Reveals Potential Stock Sales by Chairman/CEO August 24, 2021 Paul Muolo The 10b5-1 plan was designed to comply with SEC rules and the lender's insider trading policies and guidelines.Read More
New Tally Offers More Proof of a Decline in Lending Profits August 24, 2021 Paul Muolo Say it ain't so, Joe: Origination profits per loan continue to decline...Read More
Due Diligence Backlog Prompts Unusual Delay for New MBS August 23, 2021 Brandon Ivey Third-party due diligence reviewers are swamped.Read More
The Coming Mortgage M&A Tsunami? August 23, 2021 Paul Muolo The mortgage industry has seen this movie before...Read More
Goldman Joins the Non-Agency Investment-Property Party August 20, 2021 Brandon Ivey The issuance is the first of the year from Goldman with GSE-eligible mortgages for investment properties.Read More
Non-Agency Lending Jumps in 2Q, Agency Production Declines August 19, 2021 John Bancroft Production of jumbos and expanded-credit mortgages spiked while agency lending deflated.Read More
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