Flyhomes to Expand Footprint to the Wholesale Channel October 20, 2023 James Dohnert The company’s buy-before-you-sell product will initially be offered through the wholesale channel.Read More
Some Upside for MFA on Non-QMs if Rates Stabilize October 20, 2023 James Dohnert MFA Financial and other non-QM players could benefit if interest rates stabilize heading into 2024.Read More
Sculptor Founders Sue to Stop Merger With Rithm October 20, 2023 James Dohnert Founders of the hedge fund allege that company executives are breaching their fiduciary duty by blocking shareholders from hearing details of a rival bid to Rithm Capital’s offer.Read More
News Briefs October 20, 2023 James Dohnert NP launches new jumbo program; Kiavi closes $275 million RTL securitization; Xome launches investment property market educational game; SunWest debuts DSCR loan product.Read More
Jumbo MBS Sector Active at Start of Fourth Quarter October 19, 2023 James Dohnert New jumbo issuance from Chase, Goldman Sachs and Redwood Trust kick off the fourth quarter.Read More
Housing Inventory Expected to Remain Constrained October 13, 2023 James Dohnert Locked-in low interest rates and large amounts of tappable equity are compounding an already constricted housing market.Read More
Mortgage Fraud Risk Declines in 2023 October 13, 2023 James Dohnert Increased screening during underwriting helped mortgage fraud risk decline 3.1% compared to last year, according to CoreLogic.Read More
Chase, Wells Originations Down Slightly in Third Quarter October 13, 2023 James Dohnert Chase and Wells Fargo reported a slight dip in overall mortgage originations in the third quarter of this year.Read More
Court Rulings Could Alter Clean-Up Call Practices October 13, 2023 James Dohnert U.S. Bank, a major trustee in the non-agency MBS market, was looking for guidance from a New York court.Read More
Short Takes: CFPB and DOJ on Immigration Status / New HEI Securitization / Home Prices Up in Third Quarter October 13, 2023 Brandon Ivey and James Dohnert The CFPB and DOJ issued a statement on denials of credit based on an applicant's immigration status.Read More