As Margins Tighten, Santander Quits the U.S. Mortgage Market February 3, 2022 Paul Muolo For now, the bank will continue to service its residential loans and HELOCs...Read More
Angel Oak Broadens Sourcing for Expanded-Credit MBS February 3, 2022 Brandon Ivey One contributor to the deal: Impac Mortgage...Read More
Non-Agency Investment-Property Lenders Come On Strong February 3, 2022 Brandon Ivey Loan originators note that debt service coverage ratio loans are easier to underwrite than conforming mortgages...Read More
loanDepot CEO Discloses Stock Purchases in Call With Analysts February 2, 2022 Paul Muolo loanDepot went public roughly a year ago. Its stock once traded as high as $39 a unit...Read More
As ‘Fence Sitters’ React, A Nice Comeback for New Loan Applications February 2, 2022 Paul Muolo Application whiplash? But in a good way...Read More
An Earnings Plunge for loanDepot. Servicing Writedowns Too February 1, 2022 Paul Muolo In a bit of a surprise, loanDepot also recorded negative changes to the fair market value of its mortgage servicing portfolio totaling $118.7 million.Read More
FHFA Chief Shares Views on LLPA Hikes, More... February 1, 2022 Dennis Hollier Thompson acknowledged that it simply costs more to buy a home in places like San Francisco and New York...Read More
A Good Origination Year for Better.com. However… January 31, 2022 Paul Muolo For the full year, Better funded $50.86 billion, ranking 17th nationwide, according to Inside Mortgage Finance...Read More
Mortgage Company Debt Below Par. A Warning Sign? January 28, 2022 The reason is simple: Higher interest rates have altered the competitive landscape...Read More
As Rates Rise, UWM’s Share Price Comes Under Pressure January 28, 2022 Paul Muolo The Pontiac, MI-based company is now offering what it calls "free" appraisals...Read More
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