Ginnie Mae Bares Findings of Liquidity Meetings with Top Issuers May 20, 2019 George Brooks Liquidity doesn't appear to be an issue among the top nonbank issuers of Ginnie Mae MBS, according to a new report from the agency.Read More
Short Takes: HUD on Regulatory Reform / Shrinking Not on the Table / AGNC Investment / MSR on Bid / Foreclosure Activity Down May 17, 2019 Yemeng Yang Trade Groups talk with HUD and Ginnie on Regulatory Reform...Read More
Things of Worry for Ginnie Mae Investors: Fast Prepays, Investigations May 17, 2019 Paul Muolo Ginnie MBS payments are covered by Uncle Sam but investors still have plenty to worry about...Read More
Jumbo Lending Stands Out in 1Q19 Production Slump May 16, 2019 John Bancroft Conventional-conforming loans still accounted for over half of total first-lien originations in 1Q19 but volume was down 9.0% sequentially...Read More
FHA Originations Take it on the Chin; Nonbanks Continue to Dominate May 14, 2019 George Brooks Over the past three years, FHA's best quarter came in 3Q16 when lenders produced $72.3 billion of forward loans...Read More
Flagstar Faces Financial Exposure on Failure of Reverse Lender May 13, 2019 Dennis Hollier Reverse lender Live Well Financial of Virginia closed its doors last week, laying off roughly 100 full-timers... Read More
Signs of Life: A 24% Jump in Ginnie Mae Issuance May 13, 2019 John Bancroft The volume of both purchase and refinance loans was up sharply from March... Read More
CMBS Issuance Nicked, GSE MF MBS Off 29 Percent in 1Q19 May 10, 2019 John Bancroft Ginnie Mae multifamily securitization fell 34.4% in the first quarter.Read More
The Ginnie ‘Liquidity Letter’ Meetings are Over. Now What? May 9, 2019 Paul Muolo The 14 Ginnie Mae nonbank issuers were never identified by the agency but everyone in the industry knows who they are...Read More
Short Takes: Which Shops Received Subpoenas? / Not Just the Top Dogs / What Ginnie MBS Investors Hate: Fast Prepays / Ocwen’s Challenges / Lending Can Be Expensive May 8, 2019 Paul Muolo The loan application losing streak has ended!Read More