GSE Second-Home Financing Falls Off a Cliff in 2Q22 September 7, 2022 Brandon Ivey Some $13.57 billion of conforming jumbos went into GSE MBS in the second quarter...Read More
Sprout Mortgage’s West Coast Team Finds a New Home September 7, 2022 Paul Muolo Sprout's owner presently is trying to sell his penthouse on Park Place in Manhattan for $26.5 million...Read More
Mixed Signals on Non-QM Impairments September 6, 2022 Brandon Ivey The impairment rate measures delinquent mortgages and modified loans...Read More
Expanded-Credit Lending Holds Up in Tough 2Q22 September 2, 2022 Brandon Ivey Top-ranked Citibank nearly doubled its expanded-credit production from the first to second quarter...Read More
Signs of Improvement in Non-QM Pricing? Sort Of... August 31, 2022 Paul Muolo Some shops are reporting an improvement of sorts, but no one’s popping champagne.Read More
Time Running out for Impac, Nonbank Receives Warning Letter from the NYSE August 29, 2022 Paul Muolo Impac is headed by former investment banker George Mangiaracina...Read More
Barclays Stocks (Somewhat) Seasoned Non-QMs in New MBS August 26, 2022 Brandon Ivey Loans in the deal have seasoned for an average of nine months...Read More
Rising Steadily in 2Q22: Jumbo Servicing Balances August 24, 2022 Brandon Ivey Among the top 10 jumbo servicers, the largest growth was recorded at Flagstar Bank and NewRez/Shellpoint.Read More
Beating the Odds on Non-Agency Profitability: Velocity August 24, 2022 Brandon Ivey The publicly traded nonbank posted net income of $10.8 million in 2Q22...Read More
With Former Wall Streeter in Charge, Altisource Emphasizes Bridge Loans, DSCR August 23, 2022 Brandon Ivey The CEO discouraged observers from comparing AAM’s operations to those of traditional non-agency aggregators...Read More
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