GreenSky, Goldman Fix Up Home-Improvement ABS August 1, 2024 James Dohnert A new issuance from GreenSky adds to a growing securitized home-improvement loan market.Read More
Diversification Helps Fannie CRT Following Hurricane Beryl August 1, 2024 Dennis Hollier Fannie Mae releases data on the potential impact the historic storm may have had on CAS and CIRT deals.Read More
Mr. Cooper Grows as NYCB Scales Back on Mortgages August 1, 2024 Brandon Ivey The servicing acquisition from Flagstar puts Mr. Cooper’s pro forma portfolio at the end of June at about 31% higher.Read More
GSE Profits Slow to Respond to Market Improvement August 1, 2024 Dennis Hollier Second-quarter acquisitions increased at the government-sponsored enterprises, but profits remained stable as credit reserves shifted.Read More
MBA Expresses Frustration With NMLS Fee Hike Plan August 1, 2024 Shannon Clark The trade group said now is the wrong time to increase NMLS fees. It also criticized the proposal for the lack of justification for the changes.Read More
UWM Cashes in Some MSR Chips Amid High Demand August 1, 2024 Paul Muolo When it comes to MSR sales, UWM is a frequent user, but in the first half of 2024 the company exceeded expectations. For now, its model is: Originate MSR, then sell them.Read More
Rethinking the Relationship Between CDFIs, FHLBanks August 1, 2024 Dennis Hollier FHFA hosted a symposium on improving the relationship between the FHLBanks and CDFIs.Read More
Bond Market Treats Certain Nonbanks Nicely August 1, 2024 Paul Muolo Mr. Cooper, which has been tapping the unsecured paper market since 2020, has done it again — this time at a relatively cheap rate of 6.5%.Read More
Senate Moves HUD Spending Bill Forward August 1, 2024 Monica Hogan The bill is more generous than its companion House legislation.Read More
HUD Eases Face-to-Face Requirement for Communication With Borrowers in Default August 1, 2024 Monica Hogan The final rule closely aligns with HUD’s July 31, 2023, proposal.Read More
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