A Steep Origination Drop for JPM in 1Q22 but a Nice Hike in MSR Values April 13, 2022 Paul Muolo JPMorgan also increased the asset value of its mortgage servicing rights portfolio to 127 basis points from 106 bps at Dec. 31.Read More
Top Originators Grew Market Share in 2021 April 12, 2022 John Bancroft 2021 marked the first year since Inside Mortgage Finance began annual originations rankings back in 1989 that three nonbanks topped the ranking.Read More
Across the Board Pain for Structured Finance in 1Q22 April 11, 2022 John Bancroft The silver lining is that agency purchase-loan business was up 4.0% from the first three months of 2021. That’s a promising sign...Read More
GSE Originators Move to Loosen Credit Standards April 8, 2022 Namrata Bhatia In the first quarter of 2022, 16.46% of loans securitized by Fannie and Freddie had credit scores ranging from 620 to 699...Read More
The Correction is Here: 1Q22 MBS Issuance Down 37% April 7, 2022 John Bancroft As might be expected, most of the erosion has been in the refinance market.Read More
Correspondents Gain Market Share in FHA/VA Sector April 6, 2022 Monica Hogan Some top-ranked government lenders relied entirely upon retail production, including Navy Federal Credit Union, New American Funding, PrimeLending, Regions Financial and Angel Oak...Read More
A Tough Year for ARM Production but That Could Change April 5, 2022 Brandon Ivey The top three ARM originators of 2021: Bank of America, Chase and Wells Fargo...Read More
Less Compensation in the Altisource C-Suite April 5, 2022 Paul Muolo Altisource, however, managed to turn a profit for the year by selling its artificial intelligence affiliate...Read More
USDA Loan Issuance Up in 2021, Down in Fourth Quarter April 5, 2022 Monica Hogan The top issuer of USDA rural housing loans in 2021: PennyMac Financial Services with $6.76 billion...Read More
The Mortgage Job Loss Tally: Brokers Add Workers, Bankers Cut April 1, 2022 Paul Muolo A search of WARN Act filings in California revealed very few recent mortgage-related layoffs in the state.Read More