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A New Warehouse Record and a Handful of New Entrants

November 22, 2021
Paul Muolo
One East Coast financier said his bank is seeing several 2022 line renewals at “the same level as this year” and just one reduction overall.
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FHA/VA Market Tilts Back to Mostly Purchase Lending

November 22, 2021
John Bancroft
It was the first time that purchase-mortgage business represented the biggest source of new FHA/VA lending since the third quarter of 2019...
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Banks Look Ready to Pick up the Slack as Fed Pulls Away

November 19, 2021
John Bancroft
The top three banks in MBS holdings: Bank of America, Wells Fargo and Charles Schwab...
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On the Way Up: Non-Agency Loan Production

November 18, 2021
John Bancroft
The conventional-conforming market, which is dominated by Fannie Mae and Freddie Mac, accounted for 70.9% of first-lien originations through the first nine months of 2021.
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Wholesale-Broker Delivery Held Up Better in Third Quarter Dive

November 17, 2021
John Bancroft
Still, all three channels saw declines in refinance loans and rising purchase-money mortgage sales.
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Humans Over Robots? Survey Finds Borrowers Prefer In-Person Closings

November 16, 2021
Sam Manas
Some 62% of mortgagors said they preferred a mobile notary when they closed...
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Time to Cut the MIP? FHA’s Insurance Fund Ends FY21 with a Capital Ratio North of 8%

November 15, 2021
Monica Hogan
How long before the White House caves on a premium cut?
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3Q Red Ink Expected for Public-Bound Better.com. A Reorg As Well…

November 15, 2021
Paul Muolo
The firm estimates its gain-on-sale margin improved to as high as 197 basis points in 3Q compared to 162 bps in the second quarter.
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Commercial MBS Issuance Declines Again in 3Q21

November 15, 2021
John Bancroft
Production was down in both non-agency CMBS and agency multifamily MBS...
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The Roundup: Nonbank Earnings Rally in 3Q21, GOS Margins Widen

November 15, 2021
John Bancroft
The industry wasn’t exactly partying like it was 2020, but last year was a hard act to follow.
Read More
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