Nationwide Appraisal Firm CoesterVMS Goes Bust February 14, 2019 Yemeng Yang Back in November, the company’s founder and President Brian Coester said: “It’s business as usual here...”Read More
GSE Single-Family MBS Issuance Off to a Slow Start in January February 13, 2019 John Bancroft Wells Fargo, Quicken Loans and PennyMac ranked first, second and third, respectively, in loan sales to Fannie and Freddie during January…Read More
Seer Capital Management Stocks Its First Non-QM MBS with Loans from HomeXpress, Athas February 13, 2019 Brandon Ivey This marks Seer’s maiden voyage into the non-QM MBS market…Read More
Mortgage Jobs Grim with Selected Pockets of Hope February 13, 2019 Paul Muolo But not all conventional lenders are handing out pink slips these days...Read More
Ginnie Mae Approved Only 8 New Issuers in 2018 February 13, 2019 George Brooks Nonbanks comprise 61% of approved servicers of Ginnie’s $2.04 trillion portfolio…Read More
Short Takes: A Nice Month for Pershing Square / No Mention of the GSEs / A Mortgage-Related M&A Deal Drags On / Delayed by the Chinese New Year / A New MBS From Deephaven / Pavaso Hires Mortgage Tech Vet Tim Anderson February 13, 2019 Paul Muolo and Brandon Ivey After two-plus years of waiting, the Genworth deal has yet to close... Read More
The 4Q18 Tally: Banks Report Sharp Drop in Mortgage Banking Income February 12, 2019 John Bancroft Much of the mortgage earnings damage took place at the top…Read More
PE Firm to Take Ellie Mae Private in a Deal Valued at $3.7 Billion February 12, 2019 Paul Muolo Under the terms of the agreement, Ellie Mae shareholders will receive $99.00 in cash per share. Read More
Galton Increases IO Mortgage Share in Latest Expanded-Credit MBS February 12, 2019 Brandon Ivey Loans from 51 lenders are represented in the new transaction, led by JMAC Lending…Read More
Congress Zeroes In on Credit Bureaus in Legislative Effort February 12, 2019 Yemeng Yang Since the public reveal of the Equifax data breach in 2017, complaints regarding credit reports have outstripped consumer gripes…Read More
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