Quicken: One Big IPO, Lots of Fine Print July 17, 2020 Dennis Hollier In its S-1 filing, Quicken (not surprisingly) said it’s powerless to modify the rules that govern its relationship with the GSEs.Read More
Quicken: Buy Our Stock; We Sell to the GSEs July 10, 2020 Brandon Ivey The nation's largest home lender touts the quick sale of mortgages to Fannie and Freddie as a selling point for its IPO.Read More
Short Takes: IPO Reveals CFPB Investigation of Rocket Homes / Jay Farner Compensation / Neuberger Berman Issues Non-QM RMBS / July 8, 2020
Has COVID-19 Permanently Changed the Mortgage Business? July 8, 2020 Brandon Ivey Industry insiders believe that many of the temporary measures created to deal with the coronavirus crisis will eventually be made permanent.Read More
Quicken’s Peers Believe the Nonbank Can Pull Off an IPO June 19, 2020 Dennis Hollier The nonbank accounted for 7.7% of originations in the first quarter of 2020.Read More