Financing Flips: Flippin’ Good Volumes Last Year March 29, 2018 George Brooks Several lenders now provide financing to this unique niche and more might join the party as 2018 progresses.Read More
Short Takes: What’s Up (Down) with GSE Common? / No News, No Bill, No Hope / Citadel Loosens Underwriting / Angel Oak Opens Dallas Ops Center, Seeks New Hires / W&D Expands March 28, 2018 Brandon Ivey and Paul Muolo It’s not as though some Congressman or Senator is about to introduce consensus GSE legislation...Read More
Angel Oak Set to Issue its Largest Nonagency MBS to Date. A Wide Variety of Loan Types… March 27, 2018 Brandon Ivey The weighted average credit score is 701 and average LTV is 76.8 percent...Read More
New Top Dog at Impac Mortgage Will Earn at Least $2.25 Million This Year March 27, 2018 Paul Muolo As part of his employment package, Mangiaracina is entitled to a severance payment of at least $750,000…Read More
Short Takes: loanDepot will Issue Non-Agency MBS / Okay, So It’s Not $6 Million / The Changing of the Guard / Tiptree Nears Sale of Jumbo Lender / Stock Repurchase Plans / MountainView Selling Whole Loans March 27, 2018 Brandon Ivey and Paul Muolo The two men steered Impac through the rocky waters of the financial crisis...Read More
Retail Loses Jumbo Market Share, Volume Down Across All Channels March 27, 2018 Brandon Ivey Mortgage brokers are gaining market share in jumbo lending…Read More
loanDepot to Issue its Own Non-Agency MBS, Packaging Jumbos and GSE-Eligible Loans March 27, 2018 Brandon Ivey Nearly all of the loans are 30-year fixed-rate mortgages and have seasoned for an average of 2.1 months.Read More
IO Volume Down for Many Lenders in 2017 March 26, 2018 Brandon Ivey First Republic Bank was the top-ranked IO lender in 2017, originating $7.40 billion of such product…Read More
Impac’s New CEO: In Non-QMs We Trust March 26, 2018 Brandon Ivey With refi volume falling, Mangiaracina said non-QMs will be key...Read More
DBRS Tops in Non-Agency MBS Ratings, Fitch Has Strong Showing as Well March 26, 2018 John Bancroft Fitch had a good year too, rating $17.51 billion of non-agency MBS…Read More
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