Credit ratings and equity researchers are generally moderating their view of public nonbank mortgage companies as earnings get reported, but they foresee outlooks potentially stabilizing if they address certain market changes. Processing Content For one, while some origination volume numbers did get somewhat of a seasonal lift in and a bit of a reprieve in […]

New data showed contrasting signals for the U.S. housing market, as home equity levels hit record highs, showing sustained strength, while noticeable heightened stress affected certain segments of borrowers, according to ICE Mortgage Technology. Processing Content Accrued equity among mortgage holders accelerated to $18 trillion for the first time on record in July, the home

TPG Mortgage Investment Trust is acquiring Cherry Hill Mortgage Investment Corp. in a deal that will create a larger non-agency portfolio. Processing Content The combined companies will run an investment portfolio of $9 billion, 72% of which will be composed of non-agency residential credit, they said Monday. The cash-and-stock deal by TPG, which trades under