Mortgage Earnings Decline by 39% at Publicly Traded Banks August 3, 2022 Brandon Ivey Declining originations and margin cut into mortgage-related earnings at 24 key lenders.Read More
Looser Underwriting Standards Seen in GSE Deliveries August 1, 2022 Namrata Bhatia The GSEs are taking in an increasing amount of loans with higher LTV ratios and lower credit scores.Read More
Delinquencies on Ginnie MBS Increase After Long Decline July 25, 2022 Monica Hogan Most of the increase in the Ginnie delinquency rate was on the FHA side.Read More
FHA, Private MI Notch Gains in Slumping Agency Market in 2Q22 July 21, 2022 John Bancroft FHA loans accounted for 27.1% of insured mortgages in the second quarter...Read More
An Earnings Decline for Warehouse Lender Texas Capital July 21, 2022 Paul Muolo Texas Capital's goal is to become more of a full service bank...Read More
Megabanks Report 2Q Mortgage Results. When Flat Can be Good... July 21, 2022 Paul Muolo Of the early reporting megabanks, there’ve been a few encouraging signs that all is not lost...Read More
Short Takes: Lack of Housing Finance Oversight Hearings? / Impeding? / Mortgage Applications Fall / Existing Home Sales Fall / The Number-One MSR Buyer Is… July 20, 2022 Paul Muolo Hungry for bulk MSRs: Jamie Dimon's JPMorgan Chase...Read More
Mostly Flat Originations for Truist July 19, 2022 Paul Muolo Truist is the nation’s 15th largest residential originator overall...Read More
How Bad Might the Mortgage Layoff Picture Get? July 18, 2022 Paul Muolo In less than a year, Better has reduced its headcount by 72%... Read More
Bulk MSR Transfers Soar in Massive 2Q22 Reshuffling July 18, 2022 John Bancroft Year-to-date transfers of Fannie Mae, Freddie Mac and Ginnie Mae servicing hit $561.35 billion, setting a pace for a $1 trillion year.Read More
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