A Slightly Lower Profit for Freddie. Note: Higher Credit Expenses February 10, 2022 Paul Muolo and Dennis Hollier Although earnings slipped, net revenues increased to $5.57 billion from $5.25 billion in 3Q21.Read More
Approaching a 4% Conventional Mortgage, Applications Fall Again February 9, 2022 Paul Muolo Might we see a 5% conventional mortgage by yearend?Read More
Ginnie Issuance Continues to Slide February 8, 2022 Monica Hogan Three of the top five government issuers in January managed to post gains...Read More
New Residential Registers An Improvement in GOS. However… February 8, 2022 Paul Muolo NRIC ended the year with an MSR portfolio sized at $483.0 billion, up 1.5% quarter over quarter.Read More
Angel Oak, AmWest Top Contributors to ECM MBS in 2021 February 7, 2022 Brandon Ivey For years, Angel Oak has operated a vertically-integrated origination and securitization operation.Read More
Mortgage Employment Rises? In December, At Least February 7, 2022 Paul Muolo Mortgage brokers trimmed 500 positions from their payrolls during December.Read More
A Reprieve for Now: Agency MBS Issuance Holds Steady February 4, 2022 John Bancroft Total Ginnie issuance was down 3.2% largely due to an 18.7% collapse in rate-term refinance.Read More
Nonbank Servicers Rack up Gains, Wells Fargo Falls Back to Earth February 3, 2022 John Bancroft Nonbank servicers in the top 50 posted a hefty 4.6% gain in owned servicing...Read More
Consumer Complaints Reach Another Record in 2021 February 2, 2022 Sam Manas Consumer complaints about debt collection saw a hefty 30.6% rise.Read More
loanDepot CEO Discloses Stock Purchases in Call With Analysts February 2, 2022 Paul Muolo loanDepot went public roughly a year ago. Its stock once traded as high as $39 a unit...Read More
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