Its Fortunes Fading, loanDepot Execs Granted Pay Raises September 30, 2022 Retention bonuses that could reach 300% of base pay also were granted...Read More
COVID Crisis Hammered MBA’s Bottom Line in FY 2021 September 30, 2022 Paul Muolo MBA's John Mechem: "The COVID pandemic forced us to move all our in-person conferences in the covered period to online"...Read More
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
RSS