Angel Oak, AmWest Top Contributors to ECM MBS in 2021 February 7, 2022 Brandon Ivey For years, Angel Oak has operated a vertically-integrated origination and securitization operation.Read More
Mortgage Employment Rises? In December, At Least February 7, 2022 Paul Muolo Mortgage brokers trimmed 500 positions from their payrolls during December.Read More
A Reprieve for Now: Agency MBS Issuance Holds Steady February 4, 2022 John Bancroft Total Ginnie issuance was down 3.2% largely due to an 18.7% collapse in rate-term refinance.Read More
Nonbank Servicers Rack up Gains, Wells Fargo Falls Back to Earth February 3, 2022 John Bancroft Nonbank servicers in the top 50 posted a hefty 4.6% gain in owned servicing...Read More
Consumer Complaints Reach Another Record in 2021 February 2, 2022 Sam Manas Consumer complaints about debt collection saw a hefty 30.6% rise.Read More
loanDepot CEO Discloses Stock Purchases in Call With Analysts February 2, 2022 Paul Muolo loanDepot went public roughly a year ago. Its stock once traded as high as $39 a unit...Read More
As ‘Fence Sitters’ React, A Nice Comeback for New Loan Applications February 2, 2022 Paul Muolo Application whiplash? But in a good way...Read More
An Earnings Plunge for loanDepot. Servicing Writedowns Too February 1, 2022 Paul Muolo In a bit of a surprise, loanDepot also recorded negative changes to the fair market value of its mortgage servicing portfolio totaling $118.7 million.Read More
Nonbanks Continue to Grow GSE Servicing Share in 4Q February 1, 2022 Dennis Hollier Even small and mid-sized nonbanks bested the megabanks: 20.0% versus 18.3%.Read More
AGNC Takes Loss in Fourth Quarter on Agency MBS Investments February 1, 2022 Brandon Ivey Officials at the REIT see good and bad in the Fed's recent moves.Read More
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