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Mr. Cooper Feeling a Bit More Bullish About 4Q21. EBOs Help…

December 1, 2021
Paul Muolo
Mr. Cooper also revealed the sale of its reverse unit should close by Dec. 31...
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Banks Report Strong Gain in ABS Holdings During 3Q21

December 1, 2021
John Bancroft
The biggest move in auto ABS was made by KeyBank, which added $2.82 billion of these assets to its investment portfolio...
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MBA: Lending Profits Improve but Expenses Continue to be a Problem

November 30, 2021
Paul Muolo
MBA's Marina Walsh noted, “Per-loan production expenses continued to rise for the fifth consecutive quarter, reaching the second-highest level ever reported.”
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Banks' Mortgage Banking Income Rebounds in 3Q21

November 30, 2021
Call-report data suggest the industry saw gains on both servicing and loan sales...
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Banks Grow Portfolios of Loans Serviced for Others

November 29, 2021
John Bancroft
Truist Bank boosted its SFO accounts by $20.12 billion during the third quarter...
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Short Takes: loanDepot Falls Below $5.00 / Cash-out Refis to the Rescue? / The ‘Oldest’ Mortgage Stock? / Guaranteed Rate’s $40 Million Man?

November 29, 2021
Paul Muolo
A GR LO cracks the $2 billion mark in originations. Are there others out there?
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Retail Takes a Hit in 3Q21, Wholesale Lending Up Slightly

November 24, 2021
John Bancroft
Wholesale-broker platforms posted the biggest increase, with volume up 1.6% to an estimated $186 billion...
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Continued Gains for Jumbo Servicing Portfolios

November 24, 2021
Brandon Ivey
First Republic Bank also stands out among the 30 companies: Its jumbo servicing portfolio increased by 4.2%...
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Non-Agency Jumbo Lending Hits Record Levels in 3Q21

November 23, 2021
Brandon Ivey
Market watchers believe the activity was driven, in part, by exceptional home price appreciation and more interest in the sector among lenders.
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A New Warehouse Record and a Handful of New Entrants

November 22, 2021
Paul Muolo
One East Coast financier said his bank is seeing several 2022 line renewals at “the same level as this year” and just one reduction overall.
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