Purchase Loans Dominate in 2018, Refi Share Rises in 4Q18 February 28, 2019 John Bancroft The purchase-mortgage share reached 70.6%, the highest reading since 1990...Read More
ATTOM: Fewer Home Flips but More Borrowed Money February 28, 2019 Yemeng Yang Translation: fewer loan units but a higher dollar volume.Read More
Borrowers Averse to Refis, Even When They’re Free February 28, 2019 Dennis Hollier The study looked at why borrowers would turn their noses up at free money…Read More
Mortgage Banking Income Hits Post-Crisis Low in 4Q18 February 26, 2019 John Bancroft Despite the dismal fourth-quarter performance, bank income from mortgage banking was actually up 13.5% from 2017...Read More
Buybacks of Fannie/Freddie Loans Fell to a Record Low Last Year February 25, 2019 John Bancroft Total lender buybacks fell 14.4% last year…Read More
Banks Stock Up on Fannie/Freddie MBS as 2018 Ends February 22, 2019 John Bancroft The biggest increase in held-to-maturity and available-for-sale accounts was in agency pass-through securities…Read More
Taiwanese Firm Buys a Stake in Mortgage REIT New Rez February 22, 2019 Paul Muolo The SEC filing does not state the purpose of the investment...Read More
Mortgage Broker Market Share Hits 9-Year High February 21, 2019 John Bancroft The gain in the sector was largely attributable to the biggest player in table-funding: United Wholesale Mortgage…Read More
Weak 4Q Purchase Lending Shrinks FHA/VA Output February 20, 2019 George Brooks Among the top-15 FHA direct lenders in 2018, not one was a bank...Read More
Jumbo Lending Falls in 4Q18 On Weaker Demand February 19, 2019 Brandon Ivey In the jumbo qualified mortgage space, 21 of 60 banks reported weaker demand…Read More
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