LO Earnings Get Clipped in 2Q21 July 27, 2021 Paul Muolo Loan officers and their processors alike are earning less these days...Read More
A New (Old) Battle Cry on G-Fees. Congress is Warned July 23, 2021 Dennis Hollier MBA's Bill Killmer said the goal is to prevent the g-fee tax from becoming a “zombie pay-for that roams the earth forever.” Read More
Short Takes: Awash in Borrowing Authority / A Buyer of MSRs? / Expressing a Desire to Grow / A New Nonagency MBS From Verus / Kraninger Lands / A Promotion at Freddie July 23, 2021 Paul Muolo Will Quicken actually buy MSRs? It certainty has the cash...Read More
Fannie and Freddie Hit the Mother Lode With the Adverse Market Fee July 22, 2021 Dennis Hollier COVID-related mortgage losses have been minimal, allowing the GSEs to benefit...Read More
MI Sector Benefits from Strong Purchase Activity in 2Q21 July 22, 2021 John Bancroft Sales of conventional loans with private MI to Fannie Mae and Freddie Mac recorded a bigger 10.3% increase from the first quarter.Read More
Announcing its Desire to be #1, Mr. Cooper Hires Stone to Lead Mortgages July 22, 2021 Paul Muolo Stone's resume includes stays at Renovate America and Global Mortgage Capital, the latter an affiliate of Eli Global...Read More
Refis Drive Surge in Jumbo MBS Issuance in Second Quarter July 21, 2021 Brandon Ivey Roughly $2.26 billion of jumbo MBS issued in the second quarter included a cash-out component...Read More
Surge of Jumbo MBS Hits the Market, Led by JPMorgan July 21, 2021 Brandon Ivey Four issuers of jumbo MBS started marketing deals this week, including a $1.02 billion security from JPMorgan Chase.Read More
On the Rise: Complaints Against Credit Reporting Services July 21, 2021 Lisa Burden Many of the complaints about the big three credit reporting services involve inaccurate information in their reports...Read More
VA Refinance Volume Down Sharply in 2Q21, FHA Gains July 19, 2021 John Bancroft Both the FHA (11.1%) and the VA insurance programs (20.4%) saw significant increases in purchase-mortgage activity...Read More
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