Mortgage Company Debt Below Par. A Warning Sign? January 28, 2022 The reason is simple: Higher interest rates have altered the competitive landscape...Read More
As Rates Rise, UWM’s Share Price Comes Under Pressure January 28, 2022 Paul Muolo The Pontiac, MI-based company is now offering what it calls "free" appraisals...Read More
The Final Tally: 2021 Sets Residential Originations Record January 27, 2022 John Bancroft For six consecutive quarters home lenders pounded out $1 trillion or more in originations...Read More
Originations and Earnings Decline at Flagstar, MSR Values Rise January 27, 2022 Paul Muolo Slated to be purchased by NYCB, this mortgage bellwether of sorts originated $10.7 billion of residential loans in 4Q21...Read More
Fannie/Freddie Conforming-Jumbo Business Levels Off January 26, 2022 Brandon Ivey Participants in the non-agency market have been gloming onto investment properties and second homes as well...Read More
As Ginnie MSRs Increase in Value, Outstandings Struggle to Grow January 25, 2022 Brandon Ivey The growth came from VA mortgages, with FHA servicing rights actually declining.Read More
A Canary in the MBS Coal Mine: Weak Trading Volume for December January 25, 2022 Paul Muolo The full-year trading average came in at a respectable $252.8 billion...Read More
JPM Tops Prime Non-Agency MBS Issuers; UWM Leads Lenders January 24, 2022 Brandon Ivey United Wholesale Mortgage was the top originator of securitized non-agency prime mortgages in 2021, with $13.08 billion...Read More
Strong Earnings for TCBI but Warehouse Pressures January 21, 2022 Paul Muolo Last year, the depository sold its mortgage servicing portfolio — roughly $14.0 billion in MSRs — to Ocwen...Read More
ABS Issuance Hits Record in 2021, Market Cools in 4Q January 21, 2022 John Bancroft All major product groups saw significant gains in 2021...Read More
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