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William Erbey New CEO of Altisource Asset Management

January 2, 2024
James Dohnert
Erbey's CEO role will include a base salary of $50,000 per year and no other forms of compensation.
Read More

Homebridge, REMN Working Toward Securitizing HELOCs

December 22, 2023
Paul Muolo
“The market has had more liquidity of late than it’s had in some time,” said Homebridge CEO Peter Norden.
Read More

HELOCs From UWM, loanDepot Fuel Chase’s MBS

December 21, 2023
Brandon Ivey
It's the third securitization from JPMorgan Chase this year with HELOCs from nonbanks.
Read More

Mixed Trends in Jumbo Lending as Retail Production Declines

December 20, 2023
James Dohnert
The retail channel lost share to the correspondent and broker channels in the jumbo market in the third quarter.
Read More

Consumer Groups Happy With New CDFI Certification Process

December 19, 2023
James Dohnert
Harold Pettigrew, president and CEO of Opportunity Finance Network, told Inside Nonconforming Markets that changes to the application process will help ensure CDFIs continue to stay mission driven as more entities begin applying for certification.
Read More

Short Takes: Slow Recovery Expected / Mild Recession? / Home Price Appreciation Slows / New Expanded-Credit MBS

December 19, 2023
Brandon Ivey
Fannie Mae expects a slow pace of recovery from previously recessionary levels of housing activity.
Read More

Short Takes: Bipartisan Support on Trigger Leads / Quantifying the Refi Opportunity / New Expanded-Credit MBS / Thrive to Merge With Lower

December 15, 2023
Brandon Ivey and John Bancroft
S. 3502, the Homebuyers Privacy Protection Act, received prompt support from a number of industry trade groups.
Read More

Short Takes: UWM Cuts Rates for Refis / Loan Defects Decline / New Equity-Sharing Product / Fannie’s CRT Issuance to Slow

December 14, 2023
Brandon Ivey
UWM is offering interest rate discounts on loans from streamlined refi programs at FHA and VA.
Read More

Dual Securitizations With Figure HELOCs on Offer

December 8, 2023
James Dohnert
Previous deals involving Figure have performed well, according to DBRS.
Read More

Short Takes: Jobs and Interest Rates / CFPB Servicing Rule Coming / Incenter Expands Advisory Services / Securitization of Proprietary Reverse Mortgages

December 8, 2023
Brandon Ivey
Despite a relatively strong jobs report, the MBA still anticipates that the Fed will begin to cut rates in the spring.
Read More
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