Recently, Sachem came to market with $30 million of short-term notes priced at 6.88%. In the third quarter the publicly traded REIT posted a net profit of $2.1 million.

“There will be a significant impact and industry should see a decreased turn time in getting the MLOs approved,” said CSBS Senior Vice President Tim Doyle.

Redwood Trust has closed on a new securitization of single-family rental loans, the first such MBS since its acquisition of SFR lender CoreVest this fall.

It’s no secret that home lenders are enjoying boom times. According to figures published by Inside Mortgage Finance last month, mortgage bankers funded a mouth-watering $700 billion in first-liens in the quarter, the strongest showing of the year.

The firm named Chief Financial Officer Glenn Votek interim CEO and president as it searches for a permanent replacement.

By the time recap and release is completed, an army of securities attorneys and investment bankers are going to rack up the billable hours…

Thornberry first joined Radian in February 2017. The MI ranks second in insurance-in-force and new insurance written...

Guild Mortgage, the nation’s 20^th largest home lender (according to a ranking by Inside Mortgage Finance), is on track to originate a record $20 billion this year…

Fannie seems to be blaming the FHFA for the departure of former CEO Tim Mayopoulos. The mortgage giant also warns: “If there were several high-level departures at approximately the same time, our ability to conduct our business would likely be materially adversely affected…”