The Fannie/Freddie Stock Speculation Game Has Ended December 9, 2021 Dennis Hollier Only two of the top-10 Fannie shareholders have increased their holdings in the past quarter. The rest have cut their exposure...Read More
Subservicing Continues to March Forward, Slowly December 9, 2021 Paul Muolo The explosive growth enjoyed by subservicing vendors in past years is beginning to ebb, but the train is moving forward nonetheless. Meanwhile, all eyes are on market leader Cenlar. (Includes data chart.)Read More
Nonprime Servicing Portfolios Mostly Unchanged in 3Q21 December 8, 2021 Brandon Ivey Three of the top five nonprime servicers posted declines from the second to the third quarter.Read More
Ginnie Mae Issuance Weakens in November, Mods Boost FHA December 7, 2021 John Bancroft FHA volume was incrementally higher in November, while deliveries of VA, Native American and rural housing loans were lower.Read More
Expanded-Credit Mortgage Originations Up 24% in 3Q21 December 6, 2021 Brandon Ivey The ECM gain came as overall production fell 2.8% from the second quarter to the third...Read More
Trouble Ahead? Agency MBS Nears Pandemic Low in November December 3, 2021 John Bancroft Combined MBS issuance from Fannie, Freddie and Ginnie declined 11.5% from October...Read More
Mortgage Bankers Get Pink Slips, Brokerage Employment Almost Flat December 3, 2021 Paul Muolo The loan brokerage sector fared a bit better with layoffs of just 200 workers...Read More
Some Publicly Traded Lenders Move to Cut Costs December 3, 2021 Paul Muolo Personnel costs are something to keep an eye on in the waning months of the largest refi boom ever...Read More
GR’s $2 Billion-a-Year Loan Officer. How He Did It… December 3, 2021 Sam Manas One consultant estimated that Banosian must have a team of at least 200 people around him...Read More
On the Rise and Gaining Ground: Purchase Lending December 2, 2021 The top three purchase lenders through the first nine months of 2021: PennyMac, Wells Fargo and UWM...Read More
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