Image
A headshot of David Krechevsky

David Krechevsky

Editor

David Krechevsky was an editor at NMP.

All Articles
1486 results
Ellington Financial Completes $417M Non-QM Loan Securitization

EFI originally acquired the majority of the non-QM loans from LendSure Mortgage Corp.

Jan 24, 2022
Housing Bubble? Buyers Say Yes, Economist Says No

Redfin surveys find 77% of homebuyers believe there's a housing price bubble, but Redfin economist says it's only a 'ripple.'

Jan 21, 2022
Fannie Mae Appraises The Appraisal

Research finds Black borrowers refinancing their homes on average received slightly lower appraisal values vs. automated valuation models than white borrowers.

Jan 21, 2022
Existing Home Sales in 2021 Hit Highest Level Since 2006

NAR reports that despite dip in December, overall sales totaled 6.12 million, up 8.5% from 2020.

Jan 20, 2022
Total Expert Appoints Gaydos As President

Former Talkdesk and SAP senior executive brings extensive cloud, go-to-market, sales, and operations experience.

Jan 20, 2022
Sagent Appoints Thompson As Chief Product Officer

Founder of fintech managment consulting firm Consigliera will lead and expand product development.

Jan 20, 2022
Surprise! Housing Starts, Permits Rose In December

Census Bureau reports Privately owned housing units authorized by building permits were started at a seasonally adjusted annual rate of 1.7 million, a 1.4% increase from the revised November estimate.

Jan 19, 2022
Open Mortgage Adds A Chief Revenue Officer

Scott Harkless will spearhead all wholesale and retail sales functions for the national multi-channel mortgage lender.

Jan 19, 2022
Loans In Forbearance Continued To Decline In December

The Mortgage Bankers Association’s (MBA) new monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 26 basis points from 1.67% of servicers’ portfolio volume in the prior month to 1.41% as of Dec. 31, 2021.

Jan 18, 2022
KBRA Assigns Preliminary Ratings To Non-Prime RMBS Offering

The underlying collateral, comprising 817 residential mortgages, is characterized by a notable concentration of alternative income documentation; 64.2 % of the loans were categorized as non-QM.

Jan 18, 2022