Short Takes: MSR Buyers Still Hungry / Applications Slow / Some Home Price Depreciation Expected / Expanded-Credit MBS From Annaly January 3, 2024 Brandon Ivey The industry expects robust bulk MSR trading during the first quarter.Read More
William Erbey New CEO of Altisource Asset Management January 2, 2024 James Dohnert Erbey's CEO role will include a base salary of $50,000 per year and no other forms of compensation.Read More
Homebridge, REMN Working Toward Securitizing HELOCs December 22, 2023 Paul Muolo “The market has had more liquidity of late than it’s had in some time,” said Homebridge CEO Peter Norden.Read More
HELOCs From UWM, loanDepot Fuel Chase’s MBS December 21, 2023 Brandon Ivey It's the third securitization from JPMorgan Chase this year with HELOCs from nonbanks.Read More
Mixed Trends in Jumbo Lending as Retail Production Declines December 20, 2023 James Dohnert The retail channel lost share to the correspondent and broker channels in the jumbo market in the third quarter.Read More
Consumer Groups Happy With New CDFI Certification Process December 19, 2023 James Dohnert Harold Pettigrew, president and CEO of Opportunity Finance Network, told Inside Nonconforming Markets that changes to the application process will help ensure CDFIs continue to stay mission driven as more entities begin applying for certification.Read More
Short Takes: Slow Recovery Expected / Mild Recession? / Home Price Appreciation Slows / New Expanded-Credit MBS December 19, 2023 Brandon Ivey Fannie Mae expects a slow pace of recovery from previously recessionary levels of housing activity.Read More
Short Takes: Bipartisan Support on Trigger Leads / Quantifying the Refi Opportunity / New Expanded-Credit MBS / Thrive to Merge With Lower December 15, 2023 Brandon Ivey and John Bancroft S. 3502, the Homebuyers Privacy Protection Act, received prompt support from a number of industry trade groups.Read More
Short Takes: UWM Cuts Rates for Refis / Loan Defects Decline / New Equity-Sharing Product / Fannie’s CRT Issuance to Slow December 14, 2023 Brandon Ivey UWM is offering interest rate discounts on loans from streamlined refi programs at FHA and VA.Read More
Dual Securitizations With Figure HELOCs on Offer December 8, 2023 James Dohnert Previous deals involving Figure have performed well, according to DBRS.Read More
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