Nonbank A-Paper Giants Ready to Test the Non-QM Market? April 15, 2022 Paul Muolo It was thought that once UWM made the move, several of its nonbank competitors would jump on the bandwagon...Read More
Lenders Far and Wide Slam 'Junk Fees' Rule April 15, 2022 Sam Manas MBA believes the proposal would "only serve to add complexity and cost to lender operations and confuse consumers"...Read More
Bank Residential Originations Hit Hard but a Few Exceptions April 14, 2022 Paul Muolo U.S. Bank, another top-10 player in home finance, saw its home lending volume slip 34.1% from 4Q21...Read More
A Steep Origination Drop for JPM in 1Q22 but a Nice Hike in MSR Values April 13, 2022 Paul Muolo JPMorgan also increased the asset value of its mortgage servicing rights portfolio to 127 basis points from 106 bps at Dec. 31.Read More
Equity-Sharing Programs Gaining Momentum Over HELs April 13, 2022 Brandon Ivey How mainstream is the concept? The publicly traded Redwood Trust is among the investors that recently committed more than $1.0 billion to Point...Read More
Coming Soon: A Wave of Mortgage Retirements in the C-Suite? April 13, 2022 Paul Muolo If a true retirement wave develops, the question becomes: Who’s going to replace all the retirees?Read More
Top Originators Grew Market Share in 2021 April 12, 2022 John Bancroft 2021 marked the first year since Inside Mortgage Finance began annual originations rankings back in 1989 that three nonbanks topped the ranking.Read More
Redwood Jumps Into the Bank-Statement Loan Pool April 12, 2022 Brandon Ivey With rates rising sharply and applications suffering mightily, lenders across the nation are reassessing their menus...Read More
With Mortgage M&A Expected to Boom, Industry Vets Launch Boutique April 12, 2022 Paul Muolo Messrs. Schneider and Stein are hanging out their M&A shingle in what could be a fruitful year...Read More
California Nonbank CRA Bill Scaled Back (For Now) April 12, 2022 MBA said the action to “remove the most detrimental aspects of the bill” was in response to an advocacy campaign...Read More
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