Nonconforming - Page 81 | Inside Mortgage Finance

Student Loan Refis: A Market Residential Lenders Should Tap?

June 11, 2021

In an interview with Inside Mortgage Finance, CampusDoor Chief Executive Officer Steve Winnie declined to say exactly what the new rate might be, but offered up this ray of hope: “We’ll be competitive.”

Agencies Lag Behind in 1Q21 Jumbo Mortgage Lending

June 10, 2021

John Bancroft

All things equal, "agency" jumbo volume might be expected to grow when loan limits are raised.

Goldman to Issue $1.04 Billion Prime Non-Agency MBS

June 10, 2021

Brandon Ivey

Previously, the largest post-2010 prime non-agency MBS from Goldman was a $622.1 million deal issued in April.

Angel Oak’s REIT Could Raise Close to $200 Million with IPO

June 9, 2021

Brandon Ivey

After a long slowdown tied to the pandemic, the Angel Oak family of companies is ramping up its originations of non-QMs...

Denial Rates for FHA Loans Highest Among All Loan Types

June 9, 2021

Lisa Burden

Roughly 14.1% of borrowers who applied for an FHA-insured purchase loan were turned down last year, compared to 12.4% in 2019.

Correspondent Channel Gains Jumbo Market Share in 1Q21

June 9, 2021

Brandon Ivey

The renewed emphasis on the correspondent channel was widespread, with nearly every lender in the group increasing originations on a sequential basis.

A Different Kind of M&A: Regions Strikes Deal to Buy HIL Firm

June 8, 2021

Paul Muolo

EnerBank — a subsidiary of CMS Energy — has funded $11.6 billion in home improvement projects since 2002 and currently boasts loan balances of $2.8 billion.