A Big Improvement in the Ginnie Mae Forbearance Category April 12, 2021 Paul Muolo When it comes to forbearance, Black Knight noted widespread improvement “with all investor classes seeing significant declines" in active cases...Read More
In 1Q21, A Record $92.3 Billion for VA Refis April 12, 2021 John Bancroft Old-fashioned rate-term transactions still accounted for most of the VA refi market, at 89.1% in the first quarter... Read More
Bayview Aggregating Jumbos for MBS Issuance April 9, 2021 Brandon Ivey Bayview hired former employees of Redwood Trust to boost its jumbo-mortgage aggregation efforts. Read More
MFA Stocks Another Non-QM MBS with Loans from Acra April 9, 2021 Brandon Ivey The $394 million MBS from MFA marks the debut of ServiceMac as a subservicer for Acra Lending...Read More
Structured Finance Market Off to Solid Start in 1Q21 April 9, 2021 John Bancroft Some $81.01 billion of non-mortgage ABS came to market in the first quarter, a hefty 85.8% gain from the previous period.Read More
In 1Q21, A Downdraft for Purchase-Money Securitizations April 8, 2021 John Bancroft The two government-sponsored enterprises saw a steeper 20.4% drop in purchase-loan volume, while the government-insured market fell 16.9%...Read More
ICBA Coalition Asks FHFA to Withdraw PSPA Changes, Including Window Caps April 8, 2021 Paul Muolo Bottom line: These smaller shops will need to make additional capital investments to effectively compete against larger seller/servicers. Read More
FHA/VA Refi Up in 1Q21, Purchase Activity Dives April 7, 2021 John Bancroft The culprit: a downturn in purchase-mortgage activity...Read More
Another Ginnie EBO Portfolio Hits the Auction Block April 6, 2021 Paul Muolo When it comes to Ginnie EBOs, sales are done both servicing-retained and servicing-released.Read More
Mortgages Backed by NOOs Hitting the Secondary Market and Not in a Good Way April 5, 2021 Paul Muolo RAMS: “Large, medium, and small originators are all in the same boat looking for new outlets for this product.”Read More
RSS