An Earnings Plunge for loanDepot. Servicing Writedowns Too February 1, 2022 Paul Muolo In a bit of a surprise, loanDepot also recorded negative changes to the fair market value of its mortgage servicing portfolio totaling $118.7 million.Read More
Nonbanks Continue to Grow GSE Servicing Share in 4Q February 1, 2022 Dennis Hollier Even small and mid-sized nonbanks bested the megabanks: 20.0% versus 18.3%.Read More
AGNC Takes Loss in Fourth Quarter on Agency MBS Investments February 1, 2022 Brandon Ivey Officials at the REIT see good and bad in the Fed's recent moves.Read More
A Good Origination Year for Better.com. However… January 31, 2022 Paul Muolo For the full year, Better funded $50.86 billion, ranking 17th nationwide, according to Inside Mortgage Finance...Read More
Heavy Refi Activity Drives CLO Issuance to New High January 28, 2022 John Bancroft Since the beginning of 2021, low interest rates fed a gusher of refinance and restructuring activity that totaled $230.29 billion...Read More
Mortgage Company Debt Below Par. A Warning Sign? January 28, 2022 The reason is simple: Higher interest rates have altered the competitive landscape...Read More
As Rates Rise, UWM’s Share Price Comes Under Pressure January 28, 2022 Paul Muolo The Pontiac, MI-based company is now offering what it calls "free" appraisals...Read More
The Final Tally: 2021 Sets Residential Originations Record January 27, 2022 John Bancroft For six consecutive quarters home lenders pounded out $1 trillion or more in originations...Read More
Originations and Earnings Decline at Flagstar, MSR Values Rise January 27, 2022 Paul Muolo Slated to be purchased by NYCB, this mortgage bellwether of sorts originated $10.7 billion of residential loans in 4Q21...Read More
Fannie/Freddie Conforming-Jumbo Business Levels Off January 26, 2022 Brandon Ivey Participants in the non-agency market have been gloming onto investment properties and second homes as well...Read More
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