January 27, 2020By Brandon IveySober Underwriting Standards on Expanded-Credit CollateralOver the last two years, the average credit score on mortgages in expanded-credit MBS was 726.8.
January 27, 2020By John BancroftNonbank Lakeview Dethrones Wells Fargo as the Top Ginnie Mae ServicerLakeview booked $7.85 billion in bulk Ginnie MSR transfers during the fourth quarter. The biggest chunk, $3.40 billion, came from United Shore Financial Services, the parent of United Wholesale Mortgage, the nation’s fifth largest home lender.
January 24, 2020By Paul MuoloA Perfectly Good Storm for 4Q19 GSE Earnings?Fannie and Freddie are poised to bring the bacon home in regard to fourth quarter earnings. Any wild cards here? Probably not.
January 23, 2020By John BancroftThe Final Origination Tally for 2019: $2.4 Trillion, the Best Showing Since 2006
January 22, 2020By Paul MuoloShort Takes: The Gravity Defying DJIA / Still, Low Rates / Blame the Fed / Handicapping the Action / A 2019 Blowout? / Citi’s Missteps on Flood Insurance