Mortgage Gripes Filed with the CFPB Fall to a New Low January 29, 2019 Yemeng Yang Servicing practices attracted the most mortgage-related complaints, accounting for almost half, Inside the CFPB found…Read More
Freddie MBS (Servicing) Grew Faster Than Fannie Sector in 2018 January 29, 2019 John Bancroft And although trendlines varied significantly among the top-ranked processors, the overall migration of GSE servicing to nonbanks continued last year.Read More
Short Takes: Is the Party Over for GSE Common? / A Bubble Bursting on Shareholders / The King of MSR Buys: New Residential / Cleveland Rocks (for New Home Owners), Pittsburgh and OKC Too / Freddie Gets New Chairperson January 29, 2019 Paul Muolo New Rez’s MSR haul: $50.9 billion of agency product...Read More
Agency MSR Transfers (Sales) Up a Solid 13.9 Percent in 2018 January 28, 2019 John Bancroft The three most active sellers of bulk MSRs: Stearns Lending, United Wholesale Mortgage and loanDepot, according to exclusive figures from Inside Mortgage Trends…Read More
Commercial MBS Issuance Declined Slightly in 2018 January 25, 2019 John Bancroft The flow of multifamily mortgages into non-agency CMBS actually rose slightly in 2018, including a burst of activity in the fourth quarter.Read More
A Market In Transition: Originations Hit Four-Year Low in 4Q18 January 24, 2019 John Bancroft Among the nation’s top 10 originators, United Wholesale Mortgage was a standout, growing production by 40.8 percent in 2018…Read More
A Profit Decline for Top-Ranked Warehouser Texas Capital January 24, 2019 Paul Muolo Mortgage finance assets comprise 32.0 percent of Texas Capital's asset base...Read More
Flagstar Sees Residential Originations Plummet January 22, 2019 Paul Muolo Flagstar CEO Alessandro DiNello: “Our mortgage business was softer than we expected."Read More
Don’t Look Now but Jumbo LTVs are on the Rise: 76 Percent and Climbing… January 22, 2019 Brandon Ivey However, the rise in the LTV ratio occurred as issuance volume declined…Read More
FHA/VA Default Rates Edge Higher January 22, 2019 John Bancroft The serious delinquency rate was a different story…Read More
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