Short Takes: No Docs Making a Comeback / Overcapacity Still a Problem, Says KBW / It’s All About Controlling Costs / loanDepot’s Hsieh Welcomes Zillow as a Competitor / Chief of Staff Miller Resigns at Treasury April 8, 2019 Paul Muolo Keefe, Bruyette & Woods says overcapacity in the mortgage industry continues to be a problem... Read More
First-Lien Holdings by Banks Head North April 4, 2019 Brandon Ivey New residential loans going into bank portfolios include mostly non-agency mortgages, with some exceptions…Read More
Jumbo Correspondent Channel Gains Market Share April 3, 2019 Brandon Ivey Strategies for jumbo originations vary among the top three producers, all of which are megabanks...Read More
Look Who’s Jumping Into the Non-QM Pool: JPMorgan Chase April 2, 2019 Brandon Ivey Up until now, JPMorgan has focused on securitizing QMs…Read More
Commercial Bank Reliant Jumps into the Non-QM Pond March 29, 2019 Paul Muolo At first, Reliant Bank will be an aggregator… Read More
Neuberger Berman Set to Issue its Largest Expanded-Credit MBS to Date March 27, 2019 Brandon Ivey Most of the mortgages were sourced by Sprout Mortgage, Michael Strauss' shop...Read More
LendingHome Issues $219 Million ABS Backed by Fix-and-Flip Loans March 26, 2019 Brandon Ivey Fix-and-flip loans typically payoff in about seven months...Read More
Caliber Affiliate the Latest Issuer to Bring its Second ‘Expanded-Credit’ MBS of the Quarter March 25, 2019 Brandon Ivey The mortgages boast an average credit score of 736...Read More
Surprise: Goldman Sachs Aggregating Jumbos and Conforming Loans for Non-Agency MBS March 22, 2019 Brandon Ivey Goldman hasn’t been active in the prime non-agency MBS market except for a one-off deal in 2014.Read More
What We’re Hearing: Goldman Sachs is Doing What? / A Wall Street Warm Up? / 10.75% Money for Freedom Mortgage / A Grade of B+ / The Green New Deal a More Important Issue than Calabria? / CoreLogic Executive Lands Top Post at Fannie Mae March 22, 2019 Paul Muolo In the Senate, the 'Green New Deal' is more important than Mark Calabria?Read More
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