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Short Takes: New Rez Ready to Tap the Equities Market Again / The ‘A’ Team has Arrived / Risk Factors? / CHLA Weighs in on FHA / A New Hire for Nations Lending

February 11, 2020
Paul Muolo

The Community Home Lenders Association called on the White House to end the government mortgage insurer’s life of loan premium policy.


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Still Rising: Ginnie Mae MBS Issuance

February 11, 2020
John Bancroft

January's volume represented the second-highest monthly issuance of forward-mortgage Ginnie securities on record.


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New Residential Stays MSR Hungry

February 10, 2020
Paul Muolo

Moreover, the REIT has already inked deals to buy another $40.0 billion, transactions that are expected to close by March 31. 


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A Mortgage Slowdown Afoot? Hardly. Agency MBS Issuance Stays Strong

February 7, 2020
John Bancroft

Fun fact: January’s new issuance was more than double the total produced in the first month of 2019.


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Ocwen Says Its Money-Losing Days May be Over, Hikes Origination Forecast to $15B

February 7, 2020
Paul Muolo

Ocwen is predicting that better days are ahead for the company, including (possibly) $15 billion in originations this year...


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Originations Drive Increase in Profit at PennyMac Financial

February 7, 2020
Brandon Ivey

Although originations and net income increased at PennyMac Financial, the company took a loss on servicing activities during the fourth quarter due to hedges.


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GSE Credit-Risk Transfers Set Record in 4Q19

February 5, 2020
John Bancroft

The fourth-quarter burst of CRT issuance represented a 70.7% increase from the prior period…


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JPM and Wells Fargo Losing Interest in Agency Servicing?

February 5, 2020
John Bancroft

Despite the slippage, Wells and JPM still rank first and second, respectively, in agency servicing…


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On the Rise: Loan Closing Times. Ramifications?

February 4, 2020
Paul Muolo

In the grand scheme of things, longer close times may not seem like a disaster but for nonbanks using warehouse lines of credit that means loans have longer dwell times…


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Nonbank Share of GSE MBS Issuance Up Sharply Last Year

February 3, 2020
John Bancroft

Nonbanks took huge strides in GSE servicing as well: Their combined portfolio rose 10.4% from 2018 to $2.009 trillion…


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Latest Imf News

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Featured Data

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