Chris Marshall, the former Mr. Cooper executive who was serving as Sagent’s chairman, has added the CEO title at the mortgage servicing technology company. Processing Content Geno Paluso, who had taken the CEO job after Marshall first became chairman, will become vice chairman and serve as a senior advisor during a transition period, a press […]
Chris Marshall adds CEO title to chairman role at Sagent Read More »
Wall Street bulls need a lot to go right if 2026 is going to deliver a fourth straight year of double-digit returns. Trade tensions between the US and its neighbors remain high. The US economy is showing signs of sluggishness, interest rates are elevated even after three cuts and the artificial intelligence trade is far
Traders show no Venezuela angst but events foreshadow 2026 risks Read More »
A pool of 1,638 fixed- and adjustable-rate mortgages extended to non-prime and subprime borrowers will collateralize $847.2 million in residential mortgage-backed securities (RMBS), sponsored by Onslow Bay Financial. Processing Content Most credit aspects of the deal are neutral, said Fitch Ratings. This includes what Fitch Ratings calls a seasoned probability of default (PD) driver, which
Onslow Bay Financial sponsors non-QM deal for $847.2 million Read More »
Key Insight: Richmond Fed President Tom Barkin believes that as businesses gain confidence in the country’s robust economic demand and adjust to the new policy environment in Washington, hiring and investment should increase in the year ahead. Expert Quote: “Going forward, policy will require finely tuned judgments balancing progress on each side of our mandate.”
Fed’s Barkin optimistic about market uncertainty in 2026 Read More »
Flush with deposits, U.S. banks are buying up mortgage bonds and betting that the asset class will get a further boost in 2026 from relaxed capital rules.Late last year, commercial bank holdings of mortgage paper reached the highest level since 2023, and stood at more than $2.7 trillion toward the end of December, according to
Banks snatch up MBS that notched best returns since 2002 Read More »
Trust is built through relationships. It is not automatic, it is not assumed, and it is never guaranteed — it is earned. Working for a well-respected company with a long history of service does not automatically make someone a Trusted Mortgage Advisor. Trust is personal. It belongs to the relationship between the loan officer and
Trust is earned, not granted: The foundation of every successful mortgage relationship Read More »
Many owners, presidents, CEOs, and business leaders we’ve gotten to know over the years at America’s homebuilding firms begin and end each day by turning on the lights, making coffee, and setting out to improve at least three aspects of their operations. January 5, 2026. January 6, 2026. January 31, 2026. And eventually, on December
Learning, capital, and demand: The critical levers for homebuilders in 2026 Read More »
After 13 years at the helm, Dermot Buffini is stepping down as CEO of Buffini & Company, according to an announcement on Monday. In his stead, company founder Brian Buffini will assume the role of chairman and CEO Dermot Buffini became CEO in 2013. Under his leadership the company has grown globally, reaching real estate
Dermot Buffini steps down as CEO of Buffini & Company Read More »
The two days of 2025 with the lowest rates were September 16th and October 28th. Both days happened to be the Tuesdays that preceded Fed rate cuts. On both occasions, those rate cuts were delivered with other comments from the Fed that the bond market didn’t like. The net effect is/was two very obvious dips
Mortgage Rates Holding at 2-Month Lows Read More »
The spread between the 10-year Treasury yields and 30-year fixed mortgage rates tightened at the end of 2025, largely driven by Fannie Mae and Freddie Mac increasing their holdings of mortgage-backed securities, a Keefe, Bruyette & Woods report claimed. Processing Content But a bigger picture issue overhanging the increase in portfolio size is should the
Mortgage spreads are narrowing, but for which reason? Read More »