Redwood Partners With Oaktree on Bridge Loans June 13, 2023 Brandon Ivey Redwood's CoreVest originated $264 million of bridge loans in the first quarter of 2023.Read More
HUD Proposal on Property Standards in Floodplains Receives Mixed Reaction June 13, 2023 Monica Hogan Under the proposal, to qualify for an FHA loan, single-family homes within the 100-year floodplain would be required to be elevated an additional two feet above base flood elevation when they are newly built or substantially improved.Read More
Short Takes: Purchase Rate Locks Slow / Guild’s 1% Down Offering / Illinois Offers Purchase-Mortgage Assistance June 13, 2023 Brandon Ivey A likely harbinger of slowing home sales...Read More
Agency MBS Issuance Begins to Find Its Legs June 12, 2023 John Bancroft All three agencies saw rising business in May...Read More
Spend More Money on IT, Approve More Loans? June 12, 2023 Dennis Hollier The new paper was penned by economists at Stanford University, the University of Florida and Boston College.Read More
Spreads Tighten. Good News for Lenders? June 12, 2023 Paul Muolo “Companies are better off doing less business than doing most business at a loss," one consultant suggested.Read More
Jumbo Sector Takes a Hit in First Quarter June 9, 2023 John Bancroft Jumbo lending held up relatively well in 2022 as interest rates increased. That trend ended in the first quarter of 2023.Read More
Federal Regulators Look to Boost Borrower Scrutiny of Appraisals June 9, 2023 Brandon Ivey Regulators published proposed guidance on reconsiderations of value in mortgage transactions.Read More
Researchers Find Climate-Driven Changes in MBS Deliveries June 9, 2023 Dennis Hollier The economists used the government-sponsored enterprises’ conforming loan limits to examine lenders’ choices in the wake of a significant disaster.Read More
Insurer Retreat Adds Pressure on Lenders, Borrowers June 9, 2023 Monica Hogan State Farm's decision to stop accepting new applications for homeowners insurance in California has ramifications for the mortgage market.Read More
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