Inside Mortgage Finance, Jan. 26, 2022–Brandon IveyJPMorgan Chase is putting the “jumbo” back in jumbo mortgage-backed securities. The firm is prepping a $2.01 billion deal, which will be the largest …
Category: Top National News
FDIC to Include Servicing Advances in Insurance Calculations
National Mortgage News, Jan. 26, 2022–Bonnie Sinnock (subscription)The Federal Deposit Insurance Corp. has finalized its plan to include servicing advances in coverage calculations with a few clarifications made in response …
Ginnie Mae Exits The Stone Age And Embraces Blockchain
National Mortgage Professional, Jan. 26, 2022–Katie JensenIs blockchain technology still hip if the federal government starts to use it? After seeing the benefits of blockchain, federal organizations at the top …
CRE, Multifamily Mortgage Delinquency Rates Fell In Q4
GlobeSt.com, January 27, 2022–Ted KnutsonDelinquency rates for mortgages backed by commercial and multifamily properties declined during the fourth quarter of 2021, according to the new Mortgage Bankers Association’s latest CREF …
As Ginnie MSRs Increase in Value, Outstandings Struggle to Grow
Inside Mortgage Finance, Jan. 25, 2022–Brandon IveyMortgage bankers ended 2021 with roughly $2.01 trillion of Ginnie Mae servicing rights on their books, up a scant 0.2% on an annual basis, …
Black Knight Says Millions of Borrowers Still Have Time to Refinance
RealtyBiz News, Jan. 26, 2022–Mike WheatleyNew data from Black Knight shows that more homeowners took advantage of current low mortgage rates over the last year to refinance and save money. …
Multifamily Mortgage Debt Increases
Multi-Housing News, Jan. 26, 2022-Jamie WoodwellThe late summer months of 2021 were very active for multifamily borrowing and lending.https://www.multihousingnews.com/multifamily-mortgage-debt-increases/
New York’s Beleaguered Hotel Industry Braces for Even More Hotels
Wall Street Journal, Jan. 24, 2022–Kate King (subscription) New York City hotels are still suffering from the effects of the pandemic, but that hasn’t slowed the flow of new properties …
JPM Tops Prime Non-Agency MBS Issuers; UWM Leads Lenders
Inside Mortgage Finance, Jan. 24, 2022–Brandon IveyJPMorgan Chase remained unparalleled among issuers of prime non-agency MBS in 2021, according to a new ranking and analysis by Inside Nonconforming Markets.https://www.insidemortgagefinance.com/articles/223591-jpm-tops-prime-non-agency-mbs-issuers-uwm-leads-lenders?v=preview
No VOE or VOI? Change to Issue Unique Expanded-Credit MBS
Inside Mortgage Finance, Jan. 21, 2022–Brandon IveyChange Lending is set to make a splash in the expanded-credit MBS market. The Community Development Financial Institution is prepping a $297.3 million security …