Ginnie Mae Paces Agency MSR Growth, Nonbanks Stall January 12, 2023 Macie Jones There's headwinds in the origination market, but servicing continues to grow, especially government product...Read More
Short Takes: PennyMac Financial Strikes Deal on Distressed MSRs / A Loss for the PennyMac REIT / Two Harbor’s Last Jumbo MBS / JPMorgan Chase Readies New Deal / Apps Drop / A New Hire for Silver Hill August 4, 2016 Brandon Ivey, Macie Jones, and Paul Muolo Looks like JPMorgan Chase is getting ready to issue yet another jumbo MBS...Read More
Short Takes: Mortgage M&A Mania Finally Arrives? / Five Oaks Halts Jumbo Aggregation / Angel Oak Rolls Out Investor NI Product / Fannie Tweaks High-LTV Guidelines / Mountain States Lead the Way, Says Black Knight July 27, 2016 Brandon Ivey, Macie Jones, and Paul Muolo Nonprime lender Angel Oak Mortgage Solutions is now offering a “no-income” loan to investors with credit scores as low as 660...Read More
Short Takes: FHFA’s Watt Finally Answers the Big Dogs / Mortgage Layoffs at Bank of America / UWM Rolls Out 1 Percent Down Option / Housing Finance an Issue in Donald v. Hillary? July 13, 2016 Macie Jones and Paul Muolo With the presidential election underway, many Americans are beginning to analyze and critique the candidate’s various policies – including their views on housing and finance. Read More
Short Takes: Maybe the ‘Brexit’ Rate Fall-Out Won’t Be So Bad for Servicers / 66% of Borrowers Eligible to Refi? / FHFA Tells Wrongdoers: Inflation Happens / Two M&A Deals Close / Zillow: FTHBs May Want to Wait July 1, 2016 Macie Jones and Paul Muolo A new report from Deutsche Bank estimates that a 3.5 percent rate on mortgages “puts roughly two-thirds of borrowers in the money to refinance…"Read More
Short Takes: What’s an NBA Championship Worth? About 25 BPs / MountainView Selling Ginnie Mae MSRs / 20 Percent Down Isn’t the Right Answer? / Homeownership, a Complicated Affair / Ditech Hires Ex-SunTrust Exec June 23, 2016 Brandon Ivey, Macie Jones, and Paul Muolo Who needs a toaster when you can have a mortgage at a 25 basis point discount?Read More