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Short Takes: MSR Buyers Still Hungry / Applications Slow / Some Home Price Depreciation Expected / Expanded-Credit MBS From Annaly

January 3, 2024
Brandon Ivey
The industry expects robust bulk MSR trading during the first quarter.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Dual Securitizations With Figure HELOCs on Offer

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