PennyMac 2Q Earnings Down Nearly 37% YOY
Following three rounds of layoffs that eliminated 475 jobs, PennyMac says production segment income was down 96% YOY.
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David Krechevsky
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David Krechevsky was an editor at NMP.
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Mortgage Insurers Enact Holdings, Radian Post Strong 2Q Results
Enact reports 24% gain in net income from first quarter; Radian's net income up 11%
Aug 02, 2022
Rocket Mortgage Launches Home Equity Loan
Program offers 10- or 20-year terms with fixed rates.
KBRA Assigns Preliminary Ratings to CSMC 2022-NQM5
The $391.8 million, non-prime RMBS transaction is sponsored by DLJ Mortgage Capital Inc.
Aug 01, 2022
ATTOM Sells Off RealtyTrac, Homefacts
Websites now the property of Nations Info; financial terms of the deal were not disclosed.
Construction Spending Dips In June As Single-Family Home Building Fell
Construction of single-family homes decreased 3.1% in June from May.
Aug 01, 2022
UWM Among Companies Selected To Host AI BootcampÂ
Mark Cuban Foundation’s Artificial Intelligence Bootcamp initiative teaches AI concepts to underserved high school students.
June Housing Inventory Up Most In Over 12 Years As Price Growth Slows
Black Knight Mortgage Monitor Report says home listings rose 22% while price growth slowed 2%.
Aug 01, 2022
Fannie Mae Says It's $262B Short Of Being Fully Capitalized
CFO cites figure as GSE releases its 2Q earnings report.
KBRA Assigns Preliminary Ratings To Non-QM Offering SGR 2022-2
SGR 2022-2 is a $349.5 million non-prime RMBS transaction comprising 670 residential mortgages, with 51.6% of the loans categorized as Non-QM.