July 23, 2019By Brandon IveyA Stumbling Block to Non-QM: Interested Loan OfficersAngel Oak’s Tom Hutchens: “If you don’t commit to it and dedicate some resources, you are going to be even more inefficient.”
July 22, 2019By Paul MuoloShort Takes: Don Layton’s Opinion / Lazy GSE Competitors? / An Anxious Board of Directors / Some Sweetheart G-Fee Deals (Angelo Mozilo’s Countrywide)Where Fannie and Freddie 'lazy' competitors during the preconservatorship years? Opinions may differ, to say the least...
July 22, 2019By Brandon IveyThird Quarter Could be a Barn-Burner for Expanded-Credit MBS IssuanceThis is the third deal from WAMCO this year, following a $945.5 million transaction in May and a $285.6 million bond in February. The company brought out only one deal last year.
July 18, 2019By Paul MuoloShort Takes: FHFA's Calabria Says Maybe September for the GSE Plan / The Big Dogs (and a Few Small Ones) Post Big Production Results / Look for the Exclusive Ranking Soon / Ellington Taps the Stock Market / Former LendAmerica Chief Headed to the Big House
July 18, 2019By Brandon IveyGood News for MSR Liquidity: Ginnie Mae Will Allow for Financing of Servicing Advances
July 17, 2019By Paul MuoloShort Takes: New GSE Capital Rules? See You in December? / Explicit MBS Guarantees out the Window? / Insurmountable? / MSR Bulk Auctions Reviving Somewhat? / Waiting in the Wings at MBA: Kristy Fercho
July 16, 2019By Paul MuoloStrong Home Lending Gains for Wells and JPM but Large Reductions in MSR Values