First Guaranty in Louisiana to acquire Houston's Lone Star Bank
The deal would create a $3.2 billion-asset bank with branches in four states, including an expanded presence in Texas.
Source: americanbanker.com
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Top News In First Guaranty Today - Breaking & Trending Today
Mortgage credit decreases for the 8th straight month
Jumbo offerings continued to tail off, offsetting a small gain in the availability of government-backed loans, according to the Mortgage Bankers Association.
Source: nationalmortgagenews.com
Angel Oak posts third consecutive quarterly loss amid non-QM headwinds
The company is floating the possibility of selling a portion of its loan portfolio to free up liquidity in coming months, leaders said.
Source: nationalmortgagenews.com
Mortgage Market on Red Alert
Commentary The financial markets are fragile right now. And there’s no better illustration of this than the multiple ...
Source: theepochtimes.com
Is RMBS credit more insulated from originator woes this time around?
Historically tight underwriting reinforced by regulation and third-party reviews could be buffers, so long as manufacturing standards for production and servicing hold up as residential mortgage companies downsize, according to KBRA.
Source: nationalmortgagenews.com