M&A Heats Up: Home Point Buys Wholesale Lender, RE Tech Firm Acquires Direct Funder April 17, 2019 Willie Newman's Home Point seems to have acquisitions on its mind these days...Read More
Rates Creeping Back Up and That Means One Thing: Lower Applications April 17, 2019 Paul Muolo No one in the industry is hitting the panic button quite yet. After all, it’s the spring home buying season...Read More
360 Mortgage Plans Up to $1.0 Billion of No-Income, No-Asset Mortgages April 17, 2019 Brandon Ivey 360 Mortgage is focusing on non-owner-occupied investment properties, which aren't subject to ability-to-repay requirements...Read More
Short Takes: A Record Non-QM Quarter for Angel Oak / $9.7B Under Management / Good News for FHFA, Bad News for HUD / Filling the Holes / Take Our Servicing Trivia Test April 16, 2019 Paul Muolo A record production quarter for Angel Oak...Read More
BofA Bucks the Trend, Reports Higher Residential Originations April 16, 2019 Paul Muolo Compared to 1Q18, first-lien production increased 21.6%... Read More
Deephaven Preps its Second Nonprime MBS of the Year April 16, 2019 Brandon Ivey Some 98 lenders contributed mortgages to the $369.73 million nonprime MBS, though only one was identified by rating services.Read More
Expanded-Credit MBS Issuance Hits Record in 1Q19 April 15, 2019 Brandon Ivey Industry analysts expect the mini-boom in non-QM and EC MBS to continue...Read More
Residential Lending at Citi Drops 13% in 1Q19 April 15, 2019 Among all originators, Citi ranks 22nd overall...Read More
Wells Fargo's First Quarter Results Suggest Mortgage Apps are Now Booming April 12, 2019 Paul Muolo Wells' results also suggest that better days are ahead for originators everywhere...Read More
What We’re Hearing: Good Luck Mr. Calabria / So What’s First on the List? / Digital Mortgages, the Great Mortgage Employment Reducer? / About that 25 BPs LLPA Charge from Fannie Mae / Op-Ed by Caliber CEO Das Sets Tongues Wagging April 12, 2019 Paul Muolo A new op-ed from Caliber Home Loans CEO Sanjiv Das has people talking, and not necessarily in a good way...Read More
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