The underlying credit fundamentals for nonagency residential mortgage-backed securities continued to improve in June as delinquencies fell and loan modifications ticked up alongside rising home prices,...
The closely watched pot on my stove for the last six months, otherwise known as the Fed's MBS purchase program, is coming to an imminent end. (If you start here, you should be able to follow my posts on the subject as far back as you like. )
If you are up-to-date on the issues surrounding the Fed's departure (or insist, like an old school journalist, on getting the gist of the whole story in the lead), jump ahead to "Buyouts a Strong Technical." Otherwise, here's the brief:
A wide range of companies making the 2014 HW Fast50 suggests that — are you ready for this? — maybe things aren't as bad in the U.S. mortgage and housing markets as some breathless press might otherwise suggest. After all, our rankings this year include mortgage insurers, investors, loan servicers, technology specialists and dot-coms, home builders, real estate services companies, mortgage bankers and more..
Last October, HousingWire highlighted several correspondent lenders and gave a broad overview of where this division of mortgage finance was heading. We are happy to report that those lenders are still doing a robust set of business, although the road remains no less rocky. But as we said last year, at least there’s a road to begin with. Read More
As our business moves into a new era of low profitability, increased expenses, and intense regulatory scrutiny, virtually every mortgage executive needs to experiment with ways to increase productivity and CFPB compliance while reducing overall operating costs. Read More