New Residential Posts a $155M Profit, Keeps Gobbling Up MSRs May 1, 2019 Brandon Ivey New Residential acquired MSRs with a total unpaid principal balance of $49 billion in the first four months of 2019.Read More
AEI Blames FHA Volume Decline on TOTAL. MBA Says Pinto Is Wrong May 1, 2019 George Brooks However, the Mortgage Bankers Association disagrees with Pinto’s findings...Read More
NLRB: Quicken Justified in Firing Employee after Foul Language Incident in Bathroom April 30, 2019 Brandon Ivey The National Labor Relations Board sided with Quicken Loans in the dispute...Read More
In the Name of Nonbank Liquidity, Caliber CEO Das Floats GSE, FHLB Involvement April 30, 2019 Paul Muolo Nonbank liquidity: a real issue or something else?Read More
Short Takes: A Bill to Stop Lobbying by the GSEs / Who Said They Were Lobbying? / Redfin Mortgage Continues to Expand / Pending Home Sales Increase (Slightly) / Incenter Hires Whole Loan Trading Chief April 30, 2019 Paul Muolo Are GSE officials lobbying Congress?Read More
Short Takes: President Trump to the Rescue (On Rates)? / Then Again, If Stocks Crumble / Warehouse Risk? / Sales Commissions Continue to Rise / New Hires for Greystone April 29, 2019 Paul Muolo Sales commissions for retail loan originators totaled 111 basis points last year, according to a tally from MBA...Read More
Impac, Sprout Among Top Expanded-Credit MBS Lenders, However… April 29, 2019 Brandon Ivey Just because you're a non-QM lender, that doesn't mean you're an issuer...Read More
What We’re Hearing: Due Out Next Week: GSE Earnings / The Last Dividend Payment? / Maybe a Chance at Reform Legislation? / LendingTree’s Money Tree? / MIAC’s MSR Auction April 26, 2019 Paul Muolo Keep an eye on what the GSEs say about their dividend payment...Read More
Fannie/Freddie 1Q19 Earnings Preview: Decent but Keep an Eye on the Hedging ‘Marks’ April 26, 2019 Paul Muolo The government-sponsored enterprises continue to fire on all cylinders. However...Read More
LendingTree Posts Record Revenue for 1Q19, but Suffers a Loss April 26, 2019 Paul Muolo LendingTree played up the results of its nonmortgage-related businesses and increased its overall revenue forecast for the year.Read More
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