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Mortgage Pink Slips Begin to Proliferate. Non-QM Sector Insulated?

January 10, 2022
Paul Muolo
In recent interviews, mortgage executives, overall, have revealed mixed plans regarding hiring...
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The Final MBS/ABS Tally for 2021: A Record $4.3 Trillion

January 7, 2022
John Bancroft
Continued low interest rates, courtesy of the pandemic, was a key factor in the results...
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Agencies Set Annual Record In 2021 Despite a Slower 4Q

January 6, 2022
John Bancroft
Time to celebrate: Annual agency MBS issuance rose 10.1% from 2020 to a record $3.471 trillion in 2021.
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ARM Production Increases, But Don't Get Too Excited...

January 5, 2022
Brandon Ivey
The top five ARM lenders through the first nine months of 2021: Bank of America, Chase, Wells Fargo, First Republic and Citigroup...
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Mortgage Banking Results Mixed at Banks and Thrifts

January 4, 2022
John Bancroft
A significant factor was the entry of Western Alliance Bank into mortgage banking after its acquisition of nonbank AmeriHome Mortgage...
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2022 Is Here. Time to Shine for Purchase-Money Lenders?

January 3, 2022
Paul Muolo
Squarely in the bullish camp: originators of non-qualified mortgages...
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Fitch Tops in RMBS Ratings, S&P Leads the Pack in ABS Market

January 3, 2022
John Bancroft
Moody’s Investors Service posted a hefty 47.7% increase in non-agency MBS ratings to $20.87 billion, tops in the market for the third quarter.
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Redfin: Yet Another New Record for Home Sale Prices

December 30, 2021
Monica Hogan
“We see this slowdown as a temporary consequence of the holidays, not as an indication that homebuyer demand is backing off,” said Redfin Deputy Chief economist Taylor Marr.
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GAO Finds Alternative Data Rarely Used in Mortgage Underwriting

December 30, 2021
Sam Manas
GAO found that between fiscal years 2016 and 2020, a mere 0.07% of mortgages purchased by Fannie Mae and Freddie Mac were made to borrowers without credit scores.
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A Gain for Wholesale Lending as Retail Suffers

December 30, 2021
John Bancroft
Meanwhile, wholesale lending posted a hefty 46.4% increase in the jumbo market, though it still accounted for just 9.2% of that segment...
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Latest Imf News

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