Delinquencies on Ginnie MBS Increase After Long Decline July 25, 2022 Monica Hogan Most of the increase in the Ginnie delinquency rate was on the FHA side.Read More
Western Alliance Bank’s Lending Holds Up in Second Quarter July 25, 2022 Brandon Ivey Originations at the bank were essentially flat in the second quarter while margins dropped.Read More
Short Takes: Delinquencies Rise; FTHBs Look to ARMs; Loss for Agency MBS REIT July 25, 2022 Brandon Ivey After three months of declines, mortgages delinquencies increased in June.Read More
Megabanks Report 2Q Mortgage Results. When Flat Can be Good... July 21, 2022 Paul Muolo Of the early reporting megabanks, there’ve been a few encouraging signs that all is not lost...Read More
Short Takes: Lack of Housing Finance Oversight Hearings? / Impeding? / Mortgage Applications Fall / Existing Home Sales Fall / The Number-One MSR Buyer Is… July 20, 2022 Paul Muolo Hungry for bulk MSRs: Jamie Dimon's JPMorgan Chase...Read More
Mostly Flat Originations for Truist July 19, 2022 Paul Muolo Truist is the nation’s 15th largest residential originator overall...Read More
CFPB Clarifies: So-Called Convenience Fees Are Illegal July 19, 2022 Sam Manas The agency said collection of any fee is forbidden unless it's mentioned in the consumer’s contract or...Read More
Bulk MSR Transfers Soar in Massive 2Q22 Reshuffling July 18, 2022 John Bancroft Year-to-date transfers of Fannie Mae, Freddie Mac and Ginnie Mae servicing hit $561.35 billion, setting a pace for a $1 trillion year.Read More
2Q22 Results: Originations Fall at Wells Fargo, MSRs Get Marked Up July 15, 2022 The stagecoach added that year-over-year results were partially offset by higher mortgage servicing income.Read More
Lower 2Q22 Originations for JPM, a Nice Gain for Jumbo Specialist FRB July 14, 2022 Paul Muolo JPM is the first publicly traded bank or mortgage company to report 2Q22 results.Read More
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