Non-Agency CMBS Tanks in 4Q22, Agency Multifamily Edges Up February 10, 2023 John Bancroft Lodging was the only major property type to get traction in the fourth quarter.Read More
A $1M Profit at Mr. Cooper as Lending Suffers but MSRs Buoy February 10, 2023 Paul Muolo Management shelled out $23 million during 4Q to cover severance payments to laid off workers and for property consolidation.Read More
4Q Product Mix Analysis: Conventional Hit the Hardest February 9, 2023 John Bancroft Government-insured lending looked almost alive in comparison...Read More
GSE Deliveries Suffer in January, Refis at 11-Year Low February 8, 2023 Dennis Hollier Overall, Fannie/Freddie MBS issuance in January was down 73.1% from a year ago.Read More
A Huge YOY Spike in CFPB Complaints February 7, 2023 Sam Manas On an annual basis, the increase in gripes regarding credit reporting are even more imposing.Read More
Retail Channel Suffered the Biggest Blow in 4Q22 February 7, 2023 Andras Malatinszky Mortgage brokers using table-funding fared slightly better with a 31.2% sequential decline...Read More
Freddie QC Chief: Mortgage Defect Rates Remain Elevated February 6, 2023 Dennis Hollier The Fannie official began his presentation with the top 10 defects discovered by his QC team...Read More
Depositories Face the Music on Motgage Profits February 6, 2023 John Bancroft Note: Once upon a time, Wells regularly was the top bank in the business...Read More
The Slump Persists: MBS Issuance Down Again in January February 3, 2023 John Bancroft Ginnie, by the way, ranked as the top agency MBS issuer for the fifth straight month.Read More
Servicing Saves the Day at PennyMac, Originations Off by Just 11.6% February 3, 2023 Paul Muolo PennyMac booked $82.6 million of gains on the portfolio in 4Q22 but most of that was offset by hedging losses. Read More
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