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
Short Takes: Applications Decline / Ishbia: CFPB is Great / Fitch Downgrades US / Credit Union Groups to Merge August 2, 2023 Brandon Ivey Applications for purchase mortgages fell to a level last seen in early June.Read More
Short Takes: Peak Interest Rates? / WAMC Chooses AGMIT / ‘Giving Away Mortgages’ July 28, 2023 Brandon Ivey Interest rates on mortgages are set to decline, according to NAR's economist.Read More
PacWest to Merge With Banc of California July 26, 2023 Brandon Ivey Both banks look to be selling off residential mortgages as part of the merger.Read More
Short Takes: Home Price Plateau? / HUD Officials at NYSE / Low Downpayment Offering From Guaranteed Rate / Terra Property Trust Buys Some AGMIT Stock July 26, 2023 Brandon Ivey Home prices could decline in the coming months, according to analysts at Capital Economics.Read More
MSR Transfers by UWM, Wells, Others Bolster Sales Activity in 2Q July 24, 2023 John Bancroft When in doubt, sell MSRs: UWM transferred $66.1 billion of product in 2Q23...Read More