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ATTOM: Fewer Home Flips but More Borrowed Money

February 28, 2019
Yemeng Yang
Translation: fewer loan units but a higher dollar volume.
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Borrowers Averse to Refis, Even When They’re Free

February 28, 2019
Dennis Hollier
The study looked at why borrowers would turn their noses up at free money…
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Mortgage Banking Income Hits Post-Crisis Low in 4Q18

February 26, 2019
John Bancroft
Despite the dismal fourth-quarter performance, bank income from mortgage banking was actually up 13.5% from 2017...
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Buybacks of Fannie/Freddie Loans Fell to a Record Low Last Year

February 25, 2019
John Bancroft
Total lender buybacks fell 14.4% last year…
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Banks Stock Up on Fannie/Freddie MBS as 2018 Ends

February 22, 2019
John Bancroft
The biggest increase in held-to-maturity and available-for-sale accounts was in agency pass-through securities…
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Taiwanese Firm Buys a Stake in Mortgage REIT New Rez

February 22, 2019
Paul Muolo
The SEC filing does not state the purpose of the investment...
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Mortgage Broker Market Share Hits 9-Year High

February 21, 2019
John Bancroft
The gain in the sector was largely attributable to the biggest player in table-funding: United Wholesale Mortgage…
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Weak 4Q Purchase Lending Shrinks FHA/VA Output

February 20, 2019
George Brooks
Among the top-15 FHA direct lenders in 2018, not one was a bank...
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Jumbo Lending Falls in 4Q18 On Weaker Demand

February 19, 2019
Brandon Ivey
In the jumbo qualified mortgage space, 21 of 60 banks reported weaker demand…
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Short Takes: The Largest Post-Crisis Nonprime MBS? / FICOs as Low as 500 / Reasons for Getting Out (Blame the Tech Giants?) / Sell One, Buy Two / Movement EVP Taveekanjana Departs for Envoy

February 19, 2019
Brandon Ivey and Paul Muolo
Jumping from Movement Mortgage to Envoy Mortgage: Tony Taveekanjana...
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