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While the company's mortgage originations saw a 46% annual drop in gain on sale margin, it anticipates that annual volumes will exceed 2020 levels.
August 13 -
Relatively tight pricing is expected on Citigroup Mortgage Trust 2021-INV2, although the coupons are expected to range from 0.49% to 3.0%.
August 13 -
The bank’s decision to offer home improvement loans directly will not have a material impact on profits at the Atlanta-based fintech, according to GreenSky.
August 12 -
In no other industry would a debt-financed investment that's the equivalent of going to medical school be considered the same as a film-studies degree.
August 12 -
The collateral is made up of private consolidation loans and private student loans that Wells Fargo, another initial note purchaser, had originated.
August 12 -
The agency developed measures taking effect Aug. 31 that, among other things, will allow lenders to prioritize foreclosures of the most impaired loans and then focus on modifying salvageable ones.
August 11 -
A strong housing market and a willingness of borrowers to tap home equity lines, is benefiting non-QM loans.
August 11 -
The expanded credit access in its automated mortgage decisioning goes into effect in mid September.
August 11 -
A vocal minority is sounding off about their vision of rising costs, falling employment and slow growth, the chilling combination known as stagflation.
August 11 -
A pool of high-quality mortgages is securing Flagstar 2021-7. None of the loans had been subject to a coronavirus-related forbearance plan by the cutoff date.
August 11












