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The history of riskier lending over the last half century can offer lessons for today's market.
May 7Whalen Global Advisors LLC -
Many originators stopped making riskier products, including jumbo loans and low credit score offerings, during April.
May 7 -
An early look at securitized residential home-loan performance amid the coronavirus pandemic indicates encouraging trends thus far in impairment levels of non-qualified mortgages, according to a new report from investor analytics firm Dv01.
April 30 -
Impac Mortgage temporarily shut lending operations and furloughed 333 workers due to market turmoil tied to the novel coronavirus.
April 22 -
The Federal Reserve's $2.3 trillion loan stimulus includes plans for outstanding commercial mortgage-backed securities and newly issued collateralized loan obligations.
April 9 -
New Residential Investment, a real estate investment trust focused on housing, is selling a portfolio of debt with a face value of $6 billion.
March 31 -
Impac Mortgage Holdings suspended all mortgage lending activity for a two-week period effective March 31, citing liquidity constraints at the company's secondary market counterparties as a result of the coronavirus.
March 30 -
One of the largest U.S. mortgage firms catering to riskier borrowers slashed 70% of its workforce, signaling a deep slowdown in that business.
March 27 -
Flagstar Bancorp, one of the nation's biggest lenders to mortgage providers, has stopped funding most new home loans without government backing.
March 23 -
The agency's director said both steps will come as part of an ongoing review of agency rules and show her "commitment under the law to be effective and evidence based” in providing clarity to stakeholders.
February 25