Taiwanese Firm Buys a Stake in Mortgage REIT New Rez February 22, 2019 Paul Muolo The SEC filing does not state the purpose of the investment...Read More
Mortgage Broker Market Share Hits 9-Year High February 21, 2019 John Bancroft The gain in the sector was largely attributable to the biggest player in table-funding: United Wholesale Mortgage…Read More
Weak 4Q Purchase Lending Shrinks FHA/VA Output February 20, 2019 George Brooks Among the top-15 FHA direct lenders in 2018, not one was a bank...Read More
Jumbo Lending Falls in 4Q18 On Weaker Demand February 19, 2019 Brandon Ivey In the jumbo qualified mortgage space, 21 of 60 banks reported weaker demand…Read More
Short Takes: The Largest Post-Crisis Nonprime MBS? / FICOs as Low as 500 / Reasons for Getting Out (Blame the Tech Giants?) / Sell One, Buy Two / Movement EVP Taveekanjana Departs for Envoy February 19, 2019 Brandon Ivey and Paul Muolo Jumping from Movement Mortgage to Envoy Mortgage: Tony Taveekanjana...Read More
What We’re Hearing: Calabria, a Sure Bet? / Warm Thoughts About Fannie-Freddie Loan Limits / Retaining More Capital / Congress? / Conservatorship Purgatory / Looks Like Radian is in Play / A Sale Dragging On and On and On: Genworth / Industry Vet Rudy Orm February 15, 2019 Paul Muolo On the doorstep: The recap and release of Fannie and Freddie?Read More
Mortgage Securitization Rates Steady in 2018, Non-Agency Rising February 15, 2019 John Bancroft The Ginnie securitization rate hit 100.2%, but timing issues were involved…Read More
Government MI Rebounds in 4Q18, but PMIs Had Strong Showing in 2018 February 14, 2019 John Bancroft In terms of new insurance written during 2018, the market leaders were Arch, Radian and MGIC…Read More
Lower Earnings for Fannie and Freddie, 4Q18 Dividend Payment On Track (For Now) February 14, 2019 Paul Muolo It’s rare but Fannie and Freddie reported results on the very same day…Read More
Annaly Posts a Whopping $2.25 Billion Loss for 4Q18, Eyes the Non-Agency Market February 14, 2019 Brandon Ivey Annaly CEO Kevin Keyes said the REIT is working to diversify its investment strategy, including a focus on acquiring new non-agency mortgages…Read More