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Angel Oak Mortgage raises $228.2 million from mostly non-QM assets

National Mortgage
Mortgage Finance
3 weeks ago

A pool of mortgages, a majority of which are designated as non-qualified, will secure $228.2 million in residential mortgage-backed securities,.. Read More;

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Rate adds leading producers to expand P&L branch business

National Mortgage
Mortgage Finance
3 weeks ago

Chicago-based Rate is opening a profit and loss branch in the city's Elmhurst suburb, bringing in two former Fairway Independent,.. Read More;

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Investor eyes GSE merger alternative to trim secondary costs

National Mortgage
Mortgage Finance
3 weeks ago

Following a recent surge in rate-indicative bond yields that could make lending more expensive, one prominent investor in two government-sponsored,.. Read More;

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Fed's Williams not swayed that a rate hike is the answer yet

National Mortgage
Mortgage Finance
3 weeks ago

Key takeaway: Federal Reserve Bank of New York President John Williams said there is no "unusual" broadening of the effects,.. Read More;

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Lenders launch AI plugins as buyers become more trusting

National Mortgage
Mortgage Finance
3 weeks ago

As lenders increasingly implement artificial intelligence, homebuyers are becoming more trusting of it.Processing ContentMore than 70% of Americans said they,.. Read More;

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GSEs' cost-cutting tools: The per-loan savings breakdown

National Mortgage
Mortgage Finance
3 weeks ago

The government-sponsored enterprises say they have been leaning into cost savings, some of which have been passed on to lenders,.. Read More;

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House Republicans debut CFPB reform package

National Mortgage
Mortgage Finance
3 weeks ago

Key insight: House Republicans are proposing to overhaul the CFPB's funding structure. What's at stake: The package includes a number of,.. Read More;

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Rising bond yields drive lenders to adjust priorities

National Mortgage
Mortgage Finance
3 weeks ago

The 10-year Treasury yield, one of the benchmarks used for pricing 30-year fixed rate mortgages, closed just shy of 4.8%,.. Read More;

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Unlicensed vendor fines highlight third-party buyback risks

National Mortgage
Mortgage Finance
3 weeks ago

Washington State officials fined a global mortgage services provider for unlicensed activity, pointing to the potential risks posed to lenders,.. Read More;

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Stewart deepens servicing involvement with new acquisitions

National Mortgage
Mortgage Finance
3 weeks ago

Stewart Information Services has acquired two more companies in line with its goal to expand offerings for housing finance players,.. Read More;

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Global bond selloff sends yields to the highest level since 2008

National Mortgage
Mortgage Finance
3 weeks ago

Global bond yields climbed back to the highest level in almost two decades on Tuesday, as rising oil prices stoked,.. Read More;

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Fed's Barr noncommittal on September rate hike

National Mortgage
Mortgage Finance
3 weeks ago

Federal Reserve Gov. Michael Barr.Bloomberg News Processing ContentKey insight: Federal Reserve Gov. Michael Barr, a voting member of,.. Read More;

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Zillow files motion to dismiss third amended RESPA complaint

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BINOM's latest non-QM pool supports $328.8 million in RMBS

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