Inside Mortgage Finance, Jan. 18, 2022–Namrata BhatiaFannie Mae and Freddie Mac widened their credit windows somewhat in 2021 after going risk-averse the previous year, according to a new analysis by …
Category: Top National News
Non-Agency MBS Issuance Climbs to Post-Crisis High in 2021
Inside Mortgage Finance, Jan. 14, 2022–John BancroftThe non-agency MBS market pumped out $50.23 billion of new issuance during the fourth quarter of 2021, the highest output since the end of …
Non-QM Lenders Hunt for LOs as Consumer-Direct Model Falters
HousingWire, Jan. 14, 2022–Maria Volkova (subscription)While layoffs sweep the mortgage industry, particularly consumer-direct lenders, non-qualified mortgage lenders are going on a hiring spree.https://www.housingwire.com/articles/non-qm-lenders-hunt-for-los-as-consumer-direct-model-falters/
How Student Loan Relief Could Affect Mortgages in 2022
National Mortgage News, Jan. 14, 2022–Bonnie Sinnock (subscription)While President Biden’s campaign aspiration to provide $10,000 per-person in federal student-loan forgiveness remains elusive, other types of relief from education-related debt are …
Nonbank (Agency) MSR Market Share Just Shy of 61% at Yearend
Inside Mortgage Finance, Jan. 13, 2022–John BancroftNonbanks held the rights to $4.928 trillion of servicing tied to agency mortgage-backed securities at the end of 2021, according to a new Inside …
CFPB Likely to Punt Data-Sharing Rule into 2023
National Mortgage News, Jan. 13, 2022–Kate Berry (subscription)The Consumer Financial Protection Bureau is more than a year away from releasing a long-awaited proposal on consumers’ right to control their own …
Are Commercial, Multifamily Mortgages Still Performing Well?
Mortgage Professional America, Jan. 13, 2022–Candyd MendozaMBA’s latest CREF Loan Performance Survey showed that 97% of outstanding commercial and multifamily loan balances were current in Q4, up from 96.7% at …
The Prime Non-Agency MBS Party Continues
Inside Mortgage Finance, Jan. 12, 2022–Brandon IveyThe prime non-agency MBS market continued its strong start to the year, with three deals hitting the market Tuesday. Two of the three involve …
Demand For Financial Protection Policies Increase
National Mortgage Professional, Jan. 12, 2022–Katie JensenDemand for financial protection policies increased during the course of the Covid-19 pandemic. There was a huge surge in ratios of bad debt with …
REITs Ended 2021 Up More than 40% for the Year
Wealth Management Real Estate, Jan. 10, 2022–David BodamerPublicly traded real estate investment trusts rode a strong December to wrap up 2021 with total returns for the year up more than …