Correspondents Gain Share in FHA/VA Market July 1, 2022 Monica Hogan Total FHA/VA lending by the group shrank 21.8% to $78.03 billion.Read More
Short Takes: Feeling Safe from FGMC / IPOs? No / loanDepot Insiders Keep Selling / A Large MSR Offering From MIAC / An MBS With Sprout Loans / A Day Off July 1, 2022 Paul Muolo The deluge in MSR auctions continues apace...Read More
On a Tear in 1Q22: HECM Production June 28, 2022 Monica Hogan The top three reverse lenders in 1Q22: American Advisors Group, Mutual of Omaha Mortgage and Reverse Mortgage Funding...Read More
Securitization Rates Spike in 1Q22 as Originations Tumble June 28, 2022 John Bancroft Originations of first-liens fell 27.1% from the fourth quarter, affecting securitization rates...Read More
A Good Year for Short-Term Mortgages as Volume Spikes June 27, 2022 Kiavi, formerly known as LendingHome, remained the top short-term lender, with $2.73 billion. Goldman Sachs ranked third...Read More
A Nice Gain for Second-Lien Lending, but Outstandings Shrink June 24, 2022 Paul Muolo Wells Fargo once again ranked first in this specialty niche...Read More
Mortgage Company Bonds Come Under Pressure June 24, 2022 Paul Muolo Some of loanDepot's bonds have been trading for as low as 67 cents on the dollar...Read More
MBS/ABS Investment Down In BHC Trading Accounts June 24, 2022 John Bancroft Banks’ trading account assets are reported at fair value. When rates increase, MBS suffer value declines.Read More
Depositories Nibble at Nonbank Share of Mortgage Lending June 23, 2022 John Bancroft Nonbanks experienced a 27.8% decline...Read More
A Nice Pay Raise for Sachem’s Chairman and CEO June 23, 2022 Paul Muolo Sachem, which is a REIT, earned $4.35 million in the first quarter compared to $2.18 million in 4Q21.Read More
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