Short Takes: More on Freedom and the WARN Act / A Large Production Decline / RML’s Creditors Include Texas Capital / Layoffs at Envoy / Contemplating the 10-Year December 1, 2022 Paul Muolo A warehouse provider and LendingTree are among the reverse lender's creditors...Read More
A Contrarian Idea: Commercial Lender Enters the Non-QM Arena November 30, 2022 Namrata Bhatia Stronghill will focus on non-QMs, non-agency jumbos and loans for investment purposes.Read More
A Tough Row to Hoe for Better.com November 30, 2022 Paul Muolo A historic correction in originations has marred Better's SPAC plans...Read More
2023 Fannie/Freddie Conforming Loan Limit Spikes 12% November 29, 2022 Dennis Hollier Home price appreciation has slowed of late, but year-over-year it's still up more than 12%...Read More
A Price War During a Difficult Time for Originators November 29, 2022 Paul Muolo A fair question: Will today's price breaks come back to haunt lenders tomorrow?Read More
Non-Agency Jumbo Lending Takes a Market Share Hit November 29, 2022 Namrata Bhatia Near the end of the third quarter, the average interest rate on a 30-year fixed-rate jumbo was 6.384%...Read More
Retail Slumps, Third-Party Lenders Gain Ground in a Tough Market November 28, 2022 John Bancroft In 3Q22, refi accounted for just 25.6% of agency retail loans...Read More
Short Takes: This Time, It’s Different / A Shorter Correction Timeline? / Foreclosures Rising / Hurricane Ian / Cardinal Hires loanDepot Vet / A Few Days Off… November 23, 2022 Paul Muolo and Sam Manas The hope is that the origination correction will be shorter than past ones...Read More
Publicly Traded Nonbanks Endure Another Harsh Earnings Cycle November 22, 2022 John Bancroft With interest rates steadily rising, MSR appreciation helped buoy results in the third quarter.Read More
NMLS Renewals Stumble Early On, But Then Recover November 22, 2022 Sam Manas Some advance change notices didn’t take effect...Read More
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