Sign of the Times? From Non-QM CEO to Loan Broker September 18, 2023 Sam Manas So far this year, Strauss has brokered more than 20 mortgages...Read More
Jumbo Originations Gain Market Share in Second Quarter September 15, 2023 John Bancroft An estimated $50 billion of jumbo mortgages were originated in the second quarter.Read More
Annaly Steps Up Expanded-Credit MBS Issuance September 15, 2023 Brandon Ivey It’s the seventh expanded-credit MBS of the year from the real estate investment trust.Read More
Nonprime Servicing Portfolios Increase in Second Quarter September 15, 2023 James Dohnert Select Portfolio Servicing was far and away the largest servicer of nonprime mortgages in the second quarter.Read More
ARM Originations Lose Some Market Share in Second Quarter September 14, 2023 James Dohnert ARMs accounted for 13.8% of first-lien originations in the second quarter.Read More
Saluda Grade Ramps Up Home Equity Investments September 14, 2023 James Dohnert Saluda Grade has announced new funding for its HEI business and is set to issue a HELOC securitization.Read More
Short Takes: Chase Stocks Jumbos in MBS / Approvals in 5 Minutes / Share of ‘Overvalued’ Homes Declining / New Advisory Committee at FHFA September 14, 2023 Brandon Ivey Chase originated all of the mortgages in its latest jumbo MBS.Read More
Expanded-Credit Originations Up in Second Quarter September 12, 2023 James Dohnert Expanded-credit mortgages accounted for 2.5% of total first-lien originations in the second quarter.Read More
SFA Making Progress on Non-Agency MBS Disclosure Revisions September 12, 2023 Brandon Ivey SFA is close to offering a first iteration of the revisions, which will focus on prime jumbo MBS.Read More
Short Takes: Chopra Concerned About CFPB’s Future / MSRs for Sale / AI Summit / PacWest’s CRT Upgraded September 12, 2023 Brandon Ivey and Paul Muolo Uncertainty for the CFPB and the mortgage industry ahead of a Supreme Court case...Read More
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