Redwood Gets Boost From Bank Partnerships March 1, 2024 James Dohnert Redwood reported $21 million in net income in the fourth quarter, bouncing back after posting a $31 million loss in the third quarter.Read More
Fitch, dv01 Develop New Non-Agency MBS Benchmark March 1, 2024 James Dohnert New benchmarks point to improved underwriting standards compared with collateral in non-agency MBS prior to the financial crisis of 2008.Read More
FICO Score 10 T Gets Another Early Adopter March 1, 2024 James Dohnert Premier Lending will use the new FICO 10 T scoring model for its nonconforming originations.Read More
News Briefs March 1, 2024 James Dohnert Finance of America to issue MBS backed by jumbo reverse mortgages; Aslan teams with Calque; 5th Street Capital licensed in Wyoming.Read More
Non-Agency MBS Improvements Don’t Translate to Scale February 29, 2024 James Dohnert Despite significant changes following 2008, the non-agency market still only makes up a small portion of total MBS issuance.Read More
Affordability Driving Some Subprime Out of Auto ABS February 29, 2024 James Dohnert Higher vehicle prices and inflation are reducing auto lending to subprime borrowers and lifting the prime sector’s share of ABS issuance.Read More
Political Appetite to End GSE Conservatorship is Lacking February 29, 2024 James Dohnert Both Democrats and Republicans have little interest in GSE reform, according to discussions this week at the SFVegas conference.Read More
Lenders Advised to Look for Different Lead Sources February 29, 2024 James Dohnert Lenders should shift their marketing spend from trigger leads to other sources, according to Jimmy King, CEO of BankingBridge, a mortgage marketing technology company.Read More
GSE Conservatorship Not Expected to End Anytime Soon February 27, 2024 James Dohnert Despite underlying issues with the mortgage market, the FHFA's conservatorship over Fannie Mae and Freddie Mac looks unlikely to end.Read More
Mortgage Lenders Should Seek Other Lead Sources February 23, 2024 James Dohnert As lawmakers move to ban the use of trigger leads, lenders should focus their dollars on other marketing sources.Read More