While UWM has repeatedly raised its bid price and made other concessions, Two Harbors has opted to move forward with an acquisition by CrossCountry Mortgage.
Agency loan securitization volume dropped across all three lending channels in the first quarter, though retail lenders increased their footprint by shrinking less than correspondent aggregators or wholesale-broker originators.
After weeks of silence on the status of Fannie Mae and Freddie Mac, President Trump stirred up shareholders this weekend by bringing up the concept of a public offering at two separate events.
In a note to investors last week, Goldman Sachs Managing Director Arun Manohar said he is not particularly optimistic about the longer-term success of VantageScore 4.0 in the agency MBS market.
Castlelake, Redwood team to purchase up to $8 billion of prime loans; MBA's Broeksmit signals support for Basel III reproposal; Single-family housing starts increase in March.