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Complaints Filed with the CFPB Down in 4Q but Up for the Year

January 8, 2020
Yemeng Yang

The credit reporting agencies (Equifax, Transunion and Experian) continue to draw a large chunk of the complaints…


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Continued Gains for Subservicers

January 8, 2020
Paul Muolo

As far as the rankings are concerned, not much changed at the very top during the third quarter. Cenlar once again ranked first…


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GSE MBS Issuance Tops $1T in 2019, Best Showing in Six Years

January 7, 2020
John Bancroft

New MBS production was up 32.0% from 2018 as an unexpected wave of refinancing business continued to pour into the secondary market.


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UWM’s Final Origination Tally for 2019: A Record $107.7 Billion

January 6, 2020
Paul Muolo

Through the first nine months of 2019 UWM had a wholesale/broker market share of 32.7%.


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GSEs Turn More Risk-Averse in 4Q19

January 6, 2020

The dollar volume of purchase-loan deliveries declined across all nine risk categories, with the biggest drop taking place in the highest-risk bucket.


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Raises of 3% to 17% for Redwood’s Brain Trust

January 3, 2020
Paul Muolo

Redwood also revealed deferred stock units/awards to its five most senior executives. Abate will take home $1.875 million in DSUs, Robinson, $2.25 million.


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ABS Issuance Fades in 4Q19. However…

January 3, 2020
John Bancroft

However, two asset categories – business loans and consumer loans – saw substantially higher production in the fourth quarter...


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Short Takes: Freedom and RoundPoint: Waiting on the Regulators / The Advisors and the Numbers / KKR’s Stake in Mr. Cooper / MBA’s Application Survey? / A New President for AI

January 2, 2020
Paul Muolo

The Freedom-RoundPoint deal awaits regulatory approvals...


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Nonbank Lending Footprint Continues to Grow, Market Share Tops 58%...

January 2, 2020

Meanwhile, the fastest-growing cohort in bank retail lending were small institutions…


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Short Takes: Happy Old Year? / $2.0 Trillion? / Good News and Bad News / High Marks for FHFA’s Calabria / A Day Off

December 31, 2019
Paul Muolo

In 2018, first lien originations totaled $1.63 trillion. For 2020, $1.9 trillion to $2.0 trillion seems like a reasonable number. The key, as always, will be interest rates…


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