Measuring Nonbank Health by Stock and Debt September 2, 2022 Paul Muolo Of the six companies new to the public market, two are trading under $2.00 a share, two others are trading under $4.00...Read More
Short Takes: The 'Correction' Continues / Suburban and AmeriSave / #15 Among Wholesalers / Heads Eliminated at Home Point / Publishing Break September 2, 2022 Paul Muolo According to IMF, table-funders produced $94.0 billion of loans through third-party brokers in 2Q22 compared to $112.0 billion in the first quarter.Read More
Rocket CEO Farner Keeps Buying Shares September 1, 2022 Paul Muolo Farner directly owns 3.87 million shares of Rocket’s common...Read More
Short Takes: Let Them In? / 11 to Five? / Meet the Council / A Director Who Buys / New Offerings September 1, 2022 Paul Muolo and Brandon Ivey Consolidation would save FHLB members money...Read More
Signs of Improvement in Non-QM Pricing? Sort Of... August 31, 2022 Paul Muolo Some shops are reporting an improvement of sorts, but no one’s popping champagne.Read More
Fannie Gets Ready to ‘Calibrate’ Its Seller/Servicers August 31, 2022 Paul Muolo Some industry vendors, such as Xactus, are trying to drum up business based on the policy change.Read More
Short Takes: Ginnie Seeks Lender Diversity / Stop the Worrying / FTC Focuses on ICE-BK Purchase / A Decline in Applications / Ocwen’s Share Buybacks August 31, 2022 Monica Hogan and Paul Muolo A 90/10 ratio that does not sit well with Ginnie...Read More
Troubled Fintech Better.com May Remain a Private Company August 30, 2022 Paul Muolo It may be the end of the line for Better's SPAC/IPO maneuver...Read More
As Summer Winds Down, Three MSR Portfolios Hit the Circuit August 30, 2022 Paul Muolo The Prestwick Group is selling $598 million of Fannie/Freddie product...Read More
Time Running out for Impac, Nonbank Receives Warning Letter from the NYSE August 29, 2022 Paul Muolo Impac is headed by former investment banker George Mangiaracina...Read More