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MSR trades surge, with price metrics for some hitting decade-highs

National Mortgage
Mortgage Finance
4 years ago

The increased frequency of large servicing portfolio trades drove extraordinarily high volumes in January, with some priced at high multiples,.. Read More;

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EClosings can save lenders $444 per loan, report finds

National Mortgage
Mortgage Finance
4 years ago

Mortgage lenders can save nearly $444 on their per loan costs if they do a full eClosing, while savings for,.. Read More;

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Fannie Mae will pay $53M in aid to settle housing discrimination suit

National Mortgage
Mortgage Finance
4 years ago

Housing rights advocates announced a settlement Monday that will provide $53 million in government aid to minority home-buyers and homeowners,.. Read More;

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What does the spring buying season hold?

National Mortgage
Mortgage Finance
4 years ago

With many tenants facing increasing rents in 2022, it is possible consumers may turn to home buying for financial security,.. Read More;

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Fewer call it a good time to buy as prices jump 30% in two years

National Mortgage
Mortgage Finance
4 years ago

The extent to which homeownership barriers have grown due to the convergence of rapidly rising home prices and scarce supply,.. Read More;

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UWM suit against America's Moneyline tests broker restrictions

National Mortgage
Mortgage Finance
4 years ago

United Wholesale Mortgage, in suing a mortgage broker to defend its contract, might be opening itself up to public scrutiny.Since,.. Read More;

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Forbearance count reverses course and resumes downward slide

National Mortgage
Mortgage Finance
4 years ago

The total number of people with mortgage payments on hold due to coronavirus-related hardships has fallen after two weeks of,.. Read More;

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Fairway names Celink as its reverse mortgage subservicer

National Mortgage
Mortgage Finance
4 years ago

Fairway Independent Mortgage has selected Celink as the subservicer of its recently originated reverse mortgage loans.The Lansing, Michigan-based firm will,.. Read More;

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Unison issues $443 million residential equity agreement securitization

National Mortgage
Mortgage Finance
4 years ago

Residential equity agreement firm Unison announced a $443 million securitization that it claims is the largest bond issue of its,.. Read More;

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Angel Oak soars prepares to launch $527.5 million RMBS

National Mortgage
Mortgage Finance
4 years ago

Angel Oak Mortgage Trust is starting its 2022 vintage by issuing $537.5 million in residential mortgage-backed securities (RMBS), from a,.. Read More;

post

Austin Capital Bank tests embedded insurance

National Mortgage
Mortgage Finance
4 years ago

Austin Capital Bank in Texas is taking a page from fintechs’ book and offering embedded insurance.It’s unusual: Chartered banks and,.. Read More;

post

PennyMac Financial earnings decline reflects slowdown in originations

National Mortgage
Mortgage Finance
4 years ago

Net income at PennyMac Financial Services came in lower on a quarterly and annual basis, reflecting industry headwinds in the,.. Read More;

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