G-Fees Rise — Thanks to the ‘Adverse Market’ Refi Charge November 17, 2022 Dennis Hollier FHFA said upfront fees jumped from 11 bps to 13 bps...Read More
Fitch Worries About Servicing and Nonbank Capital November 16, 2022 Paul Muolo Last month, Fitch issued peer reviews on six shops...Read More
Prime RMBS Market Flops in 3Q22: Just Five Deals Issued November 15, 2022 John Bancroft Ugly fact: There were only five deals from four different issuers...Read More
Velocity Shifting to Defensive Posture; Records Strong 3Q November 15, 2022 Namrata Bhatia Velocity, like other non-agency originators, is starting to tighten underwriting standards...Read More
In October, Ginnie Issuance Takes a Tumble November 14, 2022 Monica Hogan The nation’s top three issuers in October: PennyMac Financial, United Wholesale Mortgage and Freedom Mortgage.Read More
loanDepot’s Debt Price Nears the 50 Cents Threshold November 14, 2022 Paul Muolo Deeply discounted debt is not a good sign...Read More
Poised for Non-Agency Growth: CDFIs November 14, 2022 Monica Hogan CDFIs have been granted exemptions from the CFPB's ability-to-repay rule...Read More
CMBS Falters in 3Q22 but Agency Multifamily Softens the Decline November 11, 2022 John Bancroft The biggest decline was in non-agency CMBS, where issuance tumbled 30.2%.Read More
Jumbo Market Clobbered in 3Q... November 10, 2022 John Bancroft Most of the top lenders in conventional/conforming recorded hefty declines, with one huge exception...Read More
Fannie/Freddie CRT Issuance Plummets in 3Q22 November 9, 2022 Dennis Hollier The 58.2% sequential decline in aggregate CRT issuance was the sharpest decline since the start of the pandemic...Read More