Securitization Rates Tumble in Second Quarter September 30, 2022 John Bancroft Even with less competition from the non-agency market, the GSEs securitized only 81.5% of conventional-conforming originations in 2Q...Read More
A Ray of Positive News: Home-Equity Originations Soar September 29, 2022 Andras Malatinszky Most junior-lien outstandings are parked on the balance sheets of federally insured depositories...Read More
loanDepot’s Debt Trading at Steep Discounts September 27, 2022 Paul Muolo Except for founder Anthony Hsieh, some loanDepot insiders of late have been selling shares in the company...Read More
Correspondents Gain Share in GSE Market September 27, 2022 Brandon Ivey Wells Fargo boosted its conventional-conforming lending through correspondents by 2.7%...Read More
Trouble in the Fix-n-Flip Market? Not Yet… September 23, 2022 Paul Muolo The average gross profit on a fix-and-flip project in 2Q: $73,7000...Read More
Kroll Holds Lead in MBS Ratings, S&P Ups ABS Share September 23, 2022 John Bancroft Kroll held onto the top spot in rating non-agency MBS despite a 50.8% decline in quarterly volume.Read More
Whole Loans Coming Back as 2Q22 Agency Share Ebbs September 22, 2022 John Bancroft The growth in bank/thrift mortgage portfolios included a huge 16.2% increase in ARMs...Read More
Another Look at 2Q Lending: Depositories Continued to Garner Market Share September 20, 2022 Namrata Bhatia Nonbanks’ market share contracted to 63.4%..Read More
Jumbo Correspondent Originations Jump in 2Q22 September 20, 2022 Dennis Hollier Jumbo lending through correspondents increased by 20.5% from the first to the second quarter.Read More
Lenders Raise Loan Limits Ahead of FHFA, Again September 19, 2022 Brandon Ivey The loan limit hiking club includes Rocket Mortgage, UWM, PennyMac and others...Read More
RSS