The average life of a 30-year conventional FRM? Ten to 12 years...

With a bank liquidity crisis taking seed, some nonbank CEOs started asking a basic question: Are our escrows safe? What about our corporate deposits? Needless to say, it’s been an interesting week.

Rates are headed lower, at least for now, causing sellers of MSRs to pause. However, “whole” company deals could pick up a head of steam. One hungry buyer: Guild Mortgage of San Diego.

The bank liquidity crisis that started with Silvergate claimed the lives of three depositories but stopped at the door of the San Francisco-based FRB. More revelations might lie ahead. Meanwhile, the Federal Housing Finance Agency delayed its DTI fees.

Signature, which had crypto clients, was co-founded and chaired by Scott Shay, a former partner of MBS co-inventor Lewis Ranieri.

Three bank failures in seven days? Class-action attorneys are circling the wagons, so is the Department of the Justice...

“We are all watching and waiting for the next bank to fail,” said New Jersey loan broker Brian Benjamin...

As one financier put it: “I’d estimate 20% to 25% of my lenders missed their profitability covenants"...

HUD floated a rule that would no longer require lenders to register with the agency all branch offices where they conduct FHA business....

In 2022, FRB funded $31.6 billion in non-agency jumbos, an 8% gain from 2021...