CLO Issuance Sinks Again in 3Q22 as Refi Deals Vanish October 31, 2022 John Bancroft Palmer Square Capital Management was the top issuer of BSL deals in the third quarter with $2.40 billion...Read More
MSRs Aid PennyMac’s Performance, REIT Affiliate Posts a Profit October 28, 2022 Paul Muolo Thanks to its strong performance, PennyMac will pay a third quarter cash dividend of 20 cents a share...Read More
Mortgage Originations Take Another Body Blow in 3Q22 October 27, 2022 John Bancroft It appears that UWM now has bragging rights to being the largest originator in the land, at least based on 3Q results.Read More
MBA: In 2Q, the Origination Business Was a Losing Game October 27, 2022 Dennis Hollier MBA's finding on origination losses wasn't exactly a surprise...Read More
An Uptick in MBS Trading. Meaning? October 27, 2022 Paul Muolo The new reading comes during a treacherous time for the residential finance industry.Read More
MSRs Once Again Aid Mr. Cooper’s Results. A Subservicing Client Departs October 26, 2022 Paul Muolo The MSR mark came to $124 million in the third quarter...Read More
ABS Issuance Slumps Badly in 3Q22 Return to Normal October 26, 2022 John Bancroft Almost all sectors saw significant declines as rising interest rates and economic took their toll...Read More
Researcher Says Nonbank Financial Fragility Increasing October 26, 2022 Monica Hogan The researcher believes the uptick in financial fragility among nonbanks since 2019 has been driven by large nonbanks...Read More
FHA Loans Keep Ginnie Delinquencies Elevated. Time to Worry? October 25, 2022 Namrata Bhatia The biggest change in the FHA portfolio was in the 30-days past due category...Read More
MSR Transfer Pace Eases in Third Lap of a Record Year October 24, 2022 John Bancroft The top buyer of bulk MSRs through the first nine months of 2022: Freedom Mortgage...Read More
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