Portfolio Retention of ARMs Increased in 2Q16 October 11, 2016 Brandon Ivey Wells Fargo was the top ARM lender in the second quarter with $5.76 billion in originations.Read More
In Crafting the Deal Agent Concept for Non-Agency MBS, Investors Looked to the GSEs October 10, 2016 Brandon Ivey Clayton Holdings is one firm that’s interested in providing deal-agent services to the industry…Read More
Redwood Set to Issue Third Jumbo MBS of the Year; New Bond Includes FHLB Loans October 7, 2016 Brandon Ivey On average, the loans have seasoned just 1.9 months, one of the fastest turn times for a jumbo MBS in recent years…Read More
They’re Back: Cash-out Refis October 6, 2016 Brandon Ivey Cash-out refis are propping up the refi market, said one analyst.Read More
‘Service Levels’ Prompted KB Home to Switch Lender Partnership from Nationstar to Stearns October 5, 2016 Brandon Ivey KB Homes CEO Jeff Mezger said Stearns’ lending platform is far more efficient than Nationstar’s…Read More
Short Takes: Another Year, Another Issuance Record for Ginnie / 3Q16 Looks Like a Blowout Quarter / KB Will Take a Financial Hit on NSM JV / Redwood Readies New Jumbo MBS / New Chief for Appraisal Organization October 5, 2016 Brandon Ivey and Paul Muolo A blowout 3Q16 for residential originations and MBS issuance? Read More
Non-QM Liquidity Has Arrived; Warehouse Lenders On Board Too October 3, 2016 Brandon Ivey Angel Oak said more warehouse banks are growing comfortable with non-QM collateral…Read More
New Residential Bundles Excess Spread from MSRs on Non-Agency MBS into a New $345 Million ABS September 30, 2016 Brandon Ivey The deal is part of New Residential’s efforts to generate income from excess MSRs…Read More
Lender Rolls Out New LO Benefit: A Share of the Servicing Fee September 29, 2016 Brandon Ivey The compensation plan is available to LOs of Atlantic Bay who originate more than $14.0 million in retail loans in a calendar year. Read More
Impac Considers Opening a Second Origination Center in Effort to Boost Retail September 29, 2016 Brandon Ivey Impac is forecasting $12 billion in originations this year, up 29.0 percent from 2015…Read More