CFPB Sees Stark Differences in the Manufactured Home Lending Market May 28, 2021 Lisa Burden Refinances are a rarity among manufactured housing loans, according to the study.Read More
Retailers and Table-Funders See Gains in 1Q21 as Refis Surge May 27, 2021 John Bancroft Quicken ranked as the top retail lender with an estimated $71.43 billion in first-quarter volume. Its retail market share: 5.5%...Read More
Trading in Agency MBS Dips. A Canary in a Coal Mine? May 26, 2021 Paul Muolo On a sequential basis, trading fell 8.04% and was off fractionally from the same month a year ago. Read More
Non-Agency Jumbo Sector Gains Market Share May 26, 2021 Brandon Ivey Jumbos accounted for 9.2% of all home originations in the first quarter, an increase from 8.9% in 4Q20. Read More
VA Share Hits a Jaw-dropping 60% of Government Market May 24, 2021 John Bancroft Back in 2015, the mix was reversed: FHA accounted for 60% of the FHA/VA market.Read More
Bank MBS Demand Spikes in 1Q21, BofA Sets the Pace May 21, 2021 John Bancroft Banks may have ceded the origination business to nondepositories, but they sure love the end product: MBS. Read More
FHFA Paints a Grim Picture for Fannie/Freddie CRTs May 21, 2021 Dennis Hollier At face value, the disparity between the cost of the transactions and the return on investment seems ludicrous...Read More
Jumbos Gain but Not In the Market Share Category May 20, 2021 John Bancroft Although total conventional-conforming production was up, the top four lenders in the market all reported slowing volume. Read More
The Mortgage Hiring Machine Keeps Rattling Along... May 19, 2021 Paul Muolo When might the tide turn for mortgage hiring, putting CEOs in the driver’s seat once again? That’s hard to say. Many shops are still looking to add workers...Read More
Mixed Trends Among Top Correspondent Loan Sellers May 19, 2021 Brandon Ivey Overall, the top seller was American Financial Network, with $11.94 billion...Read More