Deliveries to GSEs Slow in July August 9, 2023 Dennis Hollier Volume was off 10.4% in July compared with June.Read More
Ginnie Exploring Credit Facilities for Nonbanks August 8, 2023 Monica Hogan Ginnie Mae President Alanna McCargo said nonbank liquidity is the biggest challenge facing the government mortgage system.Read More
Angel Oak's REIT Takes Loss in Second Quarter August 8, 2023 James Dohnert Angel Oak's REIT posted a $3.6 million loss after reporting a small profit to start the year.Read More
Agency MBS Rally Fizzles in July August 7, 2023 John Bancroft Among the top 10 issuers of agency MBS in July just one was a federally insured depository: U.S. Bank...Read More
Velocity Stays Profitable as Loan Portfolio Grows August 4, 2023 James Dohnert Business-purpose lender, Velocity Financial, grew its loan production by 19.2% in the second quarter of this year.Read More
Short Takes: Fallout From Fitch’s Downgrade: Higher Interest Rates and GSE CRT Ratings / Somewhat Older Loans in Non-Agency MBS August 4, 2023 Brandon Ivey Fitch's downgrade of its rating for the U.S. influenced interest rates on mortgages and had ramifications for GSE CRT.Read More
‘Noncore’ Share of GSE Activity Declining August 3, 2023 James Dohnert The core share of GSE activity increased to 81.2% in the first quarter, up from 79.4% in the previous quarter.Read More
MFA Falters in the Second Quarter August 3, 2023 James Dohnert Despite a strong quarter for originations, MFA Financial recorded a loss in the second quarter of the year.Read More
Short Takes: Freddie Assessing Tax Transcripts / GSEs Also Downgraded / New Non-Agency MBS / HUD Increases Outreach on Appraisal Bias / Terra Property Trust Improves Offer August 3, 2023 Brandon Ivey Freddie Mac improves income verification options for self-employed borrowers.Read More
Profits Jump at Rithm; Capital Requirements a Tailwind August 2, 2023 Brandon Ivey The real estate investment trust expects to benefit from higher capital requirements for large banks.Read More
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