November 21, 2019By Brandon IveyOaktree MBS Stocked with Non-QMs Originated by CitadelCitadel Servicing Corp. ranks among the top 10 originators of non-QMs but to date, the privately held firm has never issued its own MBS...
November 19, 2019By Paul MuoloShort Takes: What’s Fannie, Freddie Common Really Worth? / The Preferreds? / Rehab or Fade Away / Piper Likes PennyMac / A Vendor PromotionThe eternal question: Is Fannie/Freddie common worth anything? Opinions have varied all decade long...
November 11, 2019By George BrooksWith Originations Booming, Better.com Promises to Hire 5,000 Military VetsBetter.com was founded in 2016 as Better Mortgage with an emphasis on loan origination technology and non-commissioned loan consultants. A few months back, the lender secured $160 million of additional financing.
November 6, 2019By Paul MuoloBlack Knight and PennyMac Trade Servicing Platform-Related Lawsuits. ‘Entrapment’ or ‘Theft of Trade Secrets'?
October 23, 2019By Dennis HollierShort Takes: Calabria Open to Wiping Out Shareholders / Compass Offers Bridge Loan Services / Snapdocs Hiring in Denver
October 18, 2019By Paul MuoloWhat We’re Hearing: Talk of a GSE Legal Settlement? / Using Consent Decrees / Goldman’s New Prime Non-Agency MBS / Fannie Exec Departs for Industry Vendor
October 17, 2019By Paul MuoloShort Takes: Ginnie’s Kasper Takes Her Bow / Discovering Japan? (Appleton) / Better Times at Better.com (And a New Hire) / DocMagic Launches Mobile App / Exec Departs Caliber for Flagstar
October 8, 2019By Paul MuoloShort Takes: FHFA Sets the ‘Deliverables’ / The Value of the Contract? / The Waiting is the Hard Part (Montgomery Nomination) / High Marks / Non-QM Lender Declares a Dividend
September 27, 2019By Paul MuoloWhat We’re Hearing: The (Mortgage) IPO Dream / Uber and Lyft May Never Earn a Dime / GSE Legislation During the Lame Duck Session? / Cashing out of Fannie and Freddie / The New Wells CEO: No Mortgage Experience
September 26, 2019By Paul MuoloShort Takes: Judging GSE Pilot Programs / Freddie Mum on the Exact Size / Warehousers Have Entered the Sector / Significant Changes at FHA Unlikely / Pointillist?