Secondary markets

The company claims its digital registry system is a faster, safer alternative to MERS databases

As the rising rates shrink the number of potential customers, mortgage brokers are seeking these products in order to keep business up.

Company management believes it can still be successful in the securitization market despite widening spreads.

Executives speak on the uncertainty created by the Russia-Ukraine war and Federal Reserve announcements.

The current offering of nonperforming loans comes after a similar portfolio sale last month.

A vocal section of the market prefers the Fed chair to focus more on reducing bond holdings than quantitative tightening, allowing policy makers to hike interest rates less aggressively as it battles to bring down 40-year high inflation.

The legislation President Biden was expected to sign on Friday heads off an array of potential disruptions for the industry.

The first Senate-confirmed woman to serve as president of the agency wants to involve a wide range of borrowers and mortgage companies in its efforts.

Also named the chairman of Home Point, the onetime single-family EVP’s latest appointment is his third in the past two years.

As independent mortgage bankers feel a liquidity pinch, portfolio sales such as the one being brokered by Mortgage Industry Advisory Corp. are likely to increase.