Short Takes: Recession or Soft Landing? / SoftBank Reduces Funding for Better / Jumbo Reverse Mortgage MBS August 24, 2023 Brandon Ivey Whether it's a mild recession or a soft landing, it won't make much difference to home sales, according to economists at Fannie.Read More
Waters Seeks Concessions for FTC Approval of ICE/Black Knight Merger August 23, 2023 Brandon Ivey Waters called for various community benefits to be included in FTC approval of the merger, along with antitrust provisions and cooperation between the FTC and Financial Stability Oversight Council on oversight of the combined ICE entity.Read More
Short Takes: Better Ready to Trade / Rates Up, Applications Down / Banks: Delay the CRA Revamp August 23, 2023 Brandon Ivey The BETR stock is set to begin trading Thursday...Read More
For Sale: GSE MSRs With No Delinquencies August 14, 2023 Paul Muolo The loans backing the MSR portfolio hail from Alabama, Florida, Louisiana, Mississippi and Texas...Read More
Short Takes: It’s Game Time For Better / Past Losses / Just Two / An Improvement at LendingTree / Rocket’s Employee Buyouts August 14, 2023 Paul Muolo To date, there have been just two mortgage company SPAC/IPOs...Read More
ICE-Black Knight Merger Back on Track August 11, 2023 Sam Manas Deal with FTC could set the stage for ICE and Black Knight to consummate their beleaguered merger.Read More
Short Takes: Elevated Interest Rates for FHA / Loss for FoA / WAMC Goes with AGMIT August 9, 2023 Brandon Ivey Interest rates on FHA mortgages are at levels last seen in 2002.Read More
New Jersey-Based MH Lender Slated for Sale August 7, 2023 Paul Muolo AFR's CEO is Richard Dubnoff, its founder Corey Dubnoff...Read More
AGMIT Reports 2Q Earnings Amid WAMC Acquisition Talks August 7, 2023 James Dohnert As AGMIT continues its talks to acquire WAMC, the company reported a modest profit for the second quarter...Read More
Short Takes: Freddie Assessing Tax Transcripts / GSEs Also Downgraded / New Non-Agency MBS / HUD Increases Outreach on Appraisal Bias / Terra Property Trust Improves Offer August 3, 2023 Brandon Ivey Freddie Mac improves income verification options for self-employed borrowers.Read More