Mixed Results for Black Knight, ICE in Second Quarter August 3, 2023 Brandon Ivey The mortgage market was "weaker than expected" in the second quarter, according to Black Knight's executive chairman.Read More
Freddie's Profits Increase Thanks to Home Price Gains August 2, 2023 Dennis Hollier Higher home prices allowed the enterprise to shift from a $395 million provision for credit losses in the first quarter to a $537 million benefit in the second.Read More
Profits Jump at Rithm; Capital Requirements a Tailwind August 2, 2023 Brandon Ivey The real estate investment trust expects to benefit from higher capital requirements for large banks.Read More
Sterling Bank Moving Past Non-QM Troubles August 2, 2023 James Dohnert Fraud in a non-QM program nearly toppled Sterling Bank and Trust.Read More
Short Takes: Applications Decline / Ishbia: CFPB is Great / Fitch Downgrades US / Credit Union Groups to Merge August 2, 2023 Brandon Ivey Applications for purchase mortgages fell to a level last seen in early June.Read More
Home Price Growth Buoys Fannie Earnings August 1, 2023 Dennis Hollier The mortgage giant saw a $132 million first-quarter provision for losses shift to a $1.22 billion benefit in the second.Read More
Congress Divided on HUD Funding for FY 2024 August 1, 2023 Monica Hogan The House is seeking lower funding levels for HUD and a September deadline is fast approaching.Read More
Short Takes: Trade Groups Win Against CFPB / Sale on Non-QMs / A Mortgage and Life Insurance August 1, 2023 Brandon Ivey ABA and Texas ABA members win a delay on compliance with the CFPB's data collection requirements on small business lending.Read More
Rocket Appoints Intuit Leader as CEO July 31, 2023 Brandon Ivey Varun Krishna will also be CEO of Rocket Mortgage.Read More
Short Takes: Cenlar Still Working on OCC Consent Order / ‘Tipping Point’ for Homeowners / New Law Firm July 31, 2023 Brandon Ivey The OCC entered into a consent order with Cenlar in 2021.Read More
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