Non-Agency Pricing for GSE-Eligible Loans in Flux February 21, 2019 Brandon Ivey Doyle noted it was the first time in a while that GSE-eligible loans put out for bid to non-agency investors failed to trade.Read More
Alter the Fannie/Freddie Dividend Payment: Yes or No? February 21, 2019 Paul Muolo If the dividend payment is altered, look for GSE stocks to rally even more…Read More
Short Takes: BSI Looking to Buy MSR Portfolios / Goldstone Running the Program / A Red Hot Servicing Market / A Strong Quarter for Texas Capital / Slip, Sliding Away: Fannie’s and Freddie’s Subprime Assets February 21, 2019 Paul Muolo and Brandon Ivey A red hot servicing market is keeping deal makers happy...Read More
Weak 4Q Purchase Lending Shrinks FHA/VA Output February 20, 2019 George Brooks Among the top-15 FHA direct lenders in 2018, not one was a bank...Read More
loanDepot Launches Digital Mortgage Process, Says It Can Close a Loan in 8 Days February 20, 2019 Brandon Ivey To date, loanDepot has spent $80 million on the effort...Read More
Federal Court in California Certifies LO Class Action Case Against Wells Fargo February 20, 2019 George Brooks Wells Fargo also is accused of not paying loan officers for “non-sales” work…Read More
Jumbo Lending Falls in 4Q18 On Weaker Demand February 19, 2019 Brandon Ivey In the jumbo qualified mortgage space, 21 of 60 banks reported weaker demand…Read More
M&A Blues: Why Good Companies Aren’t Selling February 19, 2019 Paul Muolo Rumors continue to abound that internet retailing giant Amazon wants in…Read More
Short Takes: The Largest Post-Crisis Nonprime MBS? / FICOs as Low as 500 / Reasons for Getting Out (Blame the Tech Giants?) / Sell One, Buy Two / Movement EVP Taveekanjana Departs for Envoy February 19, 2019 Brandon Ivey and Paul Muolo Jumping from Movement Mortgage to Envoy Mortgage: Tony Taveekanjana...Read More
What We’re Hearing: Calabria, a Sure Bet? / Warm Thoughts About Fannie-Freddie Loan Limits / Retaining More Capital / Congress? / Conservatorship Purgatory / Looks Like Radian is in Play / A Sale Dragging On and On and On: Genworth / Industry Vet Rudy Orm February 15, 2019 Paul Muolo On the doorstep: The recap and release of Fannie and Freddie?Read More