Correspondents Gain Share in GSE Market September 27, 2022 Brandon Ivey Wells Fargo boosted its conventional-conforming lending through correspondents by 2.7%...Read More
Trouble in the Fix-n-Flip Market? Not Yet… September 23, 2022 Paul Muolo The average gross profit on a fix-and-flip project in 2Q: $73,7000...Read More
Kroll Holds Lead in MBS Ratings, S&P Ups ABS Share September 23, 2022 John Bancroft Kroll held onto the top spot in rating non-agency MBS despite a 50.8% decline in quarterly volume.Read More
Whole Loans Coming Back as 2Q22 Agency Share Ebbs September 22, 2022 John Bancroft The growth in bank/thrift mortgage portfolios included a huge 16.2% increase in ARMs...Read More
Another Look at 2Q Lending: Depositories Continued to Garner Market Share September 20, 2022 Namrata Bhatia Nonbanks’ market share contracted to 63.4%..Read More
Jumbo Correspondent Originations Jump in 2Q22 September 20, 2022 Dennis Hollier Jumbo lending through correspondents increased by 20.5% from the first to the second quarter.Read More
Lenders Raise Loan Limits Ahead of FHFA, Again September 19, 2022 Brandon Ivey The loan limit hiking club includes Rocket Mortgage, UWM, PennyMac and others...Read More
RMBS Market Up Again in June, Agency Hums Along September 16, 2022 John Bancroft The only sectors of the primary market to see any growth in 2Q22 were jumbo and expanded-credit mortgages...Read More
Jumbo a 2Q22 Bright Spot, But Not for Fannie/Freddie September 15, 2022 UWM and Rocket Mortgage are battling it out to be the top agency jumbo sellers, according to figures compiled by Inside Mortgage Finance...Read More
Warehouse Commitments Continue to Head South September 15, 2022 Paul Muolo When nonbanks hurt, so too do their financiers...Read More