Things have been moving so fast we haven’t been able to get this market update out before today. Primary rates beginning of the year to today: Brutal second quarter for the mortgage market. Today, origination pipelines are down considerably, margins…

With all the market activity and volatility, it’s been difficult to get color out on the pools we’re marketing. Year to date, we’ve marketed 476 unique pools for $8.7BB. Below is color on 216 of those pools for ~$3.9BB. If…

We hope your 2022 is off to a great start! 2021 was a very busy year with record volumes and profitability for mortgage participants.  2022 has started off significantly different than 2021 with a big sell-off and a back-up in…

Another busy quarter comes to an end. Who can believe we are approaching year end already?  As the saying goes, “The only constant is change,” as FHFA reversed their imposed risk restrictions on the NOO Investor cap, Cash Window vs…

We are halfway through 2021 and the 2nd quarter is now history. The world is forging ahead and trying to put the pandemic in the rearview mirror. Who isn’t planning a family vacation right now! Interest rates remain low and…

A dynamic and changing landscape continues in mortgage land and the financial markets. What a difference a year makes! COVID vaccinations are out in widespread supply and there is light at the end of the tunnel. States that have been…

While most people are happy to have 2020 in the rearview mirror, the liquidity crunch in March did not last long, and it ended up being a very good year for mortgage bankers, who enjoyed record volumes (perhaps the most in…

It's a busy time in mortgage finance.  Another strong quarter is in the books with production volume and margins at all-time highs. Quicken, Caliber, United Wholesale Mortgage, Loan Depot, Amerihome, Guaranteed Rate, and Guild are all looking to go public.…

It’s great to be a mortgage originator and even better to be a loan officer! Origination volumes and margins are at all time highs.  Originators are working for 350bps PLUS the value of MSRs.  Lenders are growing in order to…

We hope everyone enjoyed a nice Father’s Day weekend. Non-QM Non-QM is back in action and has made a big recovery in the last couple weeks as the new issue, private label, market has repaired itself.  New deals are flowing,…