A Market In Transition: Originations Hit Four-Year Low in 4Q18 January 24, 2019 John Bancroft Among the nation’s top 10 originators, United Wholesale Mortgage was a standout, growing production by 40.8 percent in 2018…Read More
A Profit Decline for Top-Ranked Warehouser Texas Capital January 24, 2019 Paul Muolo Mortgage finance assets comprise 32.0 percent of Texas Capital's asset base...Read More
Flagstar Sees Residential Originations Plummet January 22, 2019 Paul Muolo Flagstar CEO Alessandro DiNello: “Our mortgage business was softer than we expected."Read More
Don’t Look Now but Jumbo LTVs are on the Rise: 76 Percent and Climbing… January 22, 2019 Brandon Ivey However, the rise in the LTV ratio occurred as issuance volume declined…Read More
FHA/VA Default Rates Edge Higher January 22, 2019 John Bancroft The serious delinquency rate was a different story…Read More
Megabanks’ Originations Weak, MSR Values an Issue January 18, 2019 Paul Muolo Publicly traded nonbank giants, including PennyMac and Mr. Cooper, have yet to report results, but there’s nothing to suggest these shops will fare much better…Read More
ABS Issuance Hits Post-Crisis High Despite Soft Landing January 18, 2019 John Bancroft The only ABS to show increased production in 4Q18 were deals backed by business loans.Read More
Nonbanks Significantly Increase Agency Servicing Market Share January 17, 2019 John Bancroft Eighth-ranked Mr. Cooper also had huge quarter in MSR growth…Read More
‘Digital’ Lender Better Mortgage Triples Originations January 17, 2019 Brandon Ivey Better said the company’s LOs originate an average of 40 loans per month versus the industry average of 4.2 loans... Read More
Mortgage Employment Falls to 10-Month Low January 17, 2019 Paul Muolo Conventional lenders will have a tougher time of it this year...Read More
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