The Beat Goes On: Nonbanks Expand Their Control of the Origination Market June 25, 2021 John Bancroft Ball game over for depository residential originators?Read More
The Second-Lien Slump Continues... June 24, 2021 It’s not uncommon for home-equity lending to take a back seat when first-lien refinancing is running hot but the refi market appears to be waning...Read More
Slipping Away: Jumbo Servicing Balances? June 23, 2021 Brandon Ivey Flagstar Bank stood out with a 25.2% jump in jumbo servicing.Read More
CFPB Policy Agenda Excludes Move to Define ‘Abusiveness’ June 23, 2021 Lisa Burden The bureau also had dropped its pursuit of two rulemakings under the Home Mortgage Disclosure Act.Read More
Banks Still the Largest Hog at the MBS Trough June 22, 2021 John Bancroft Banks may have ceded the residential lending game to nonbanks but they certainly love the end product...Read More
A Trip to the Debt Well for Freedom Mortgage June 22, 2021 Paul Muolo With rates headed south once again, debt issuance by nonbanks could get one last run...Read More
HECM Production Remains Elevated in 1Q21 June 21, 2021 American Advisor Group was once again the top HECM lender in the nation, originating $1.17 billion of product in 1Q21...Read More
Subservicers Keep Gaining but Worry About Forbearance June 21, 2021 Paul Muolo On the surface, the numbers indicate a steadily growing and profitable niche, but...Read More
Nonbanks Continue to Gain in MSRs, Feasting on Agency Product June 17, 2021 Paul Muolo A trend that's not going away: When it comes to owning MSRs, banks have other ideas...Read More
Loan Repurchases Spike Higher in Bank Mortgage Bank Units June 16, 2021 John Bancroft Most of the jump in bank repurchases in early 2021 came from USAA Federal Saving Bank...Read More
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