New loanDepot Chief Spends Six Figures on Company Stock May 19, 2022 Paul Muolo The shares reside in a family trust that carries the Martell name.Read More
Applications Skid 11% but Some Shops Beat the Odds May 18, 2022 It was the first negative reading from the trade group in three weeks.Read More
Jumbo Servicing Balances Up Slightly in 1Q22 May 18, 2022 Brandon Ivey JPM's jumbo servicing portfolio declined 2.6% to $199.42 billion during the first quarter...Read More
Purchase Mortgages Prop Up Ginnie Issuance in April May 17, 2022 Monica Hogan In April, the top three GNMA issuers were PennyMac Financial, Freedom Mortgage and Rocket Mortgage...Read More
Commercial MBS Issuance Falls Back to Earth in 1Q22 May 16, 2022 John Bancroft The non-agency CMBS sector took the biggest hit...Read More
Mega REITs Continue to Shed Agency MBS May 16, 2022 Paul Muolo AGNC owned $47.2 billion of MBS, down 9.6% from yearend and off a bloodcurdling 25.4% from the same period a year ago.Read More
Not Immune to an Origination Correction: the Jumbo Market May 13, 2022 Brandon Ivey An estimated $131.0 billion of jumbos were originated during the period after three quarters of elevated production.Read More
Purchase Lending Bolsters Primary MI Volume in 1Q22 May 12, 2022 John Bancroft Refi volume for private MIs plunged 33.9% on a quarterly basis to just $6.66 billion, or just 4.9% of NIW written.Read More
Lower Earnings at Home Point as MSR Sales Buffer the Pain May 12, 2022 Paul Muolo Home Point's gain-on-sale margin came in at 61 basis points, a slight improvement over the October-December period...Read More
Nonbanks Book Historic Gains on Their MSR Assets May 12, 2022 Paul Muolo The MSR "cookie jar" has been tapped...Read More
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