Mixed Trends in Originations by Channel in 2Q September 24, 2024 Andras Malatinszky The retail channel boosted its share of conventional-conforming lending by 308 basis points to 43.2% in the second quarter of 2024.Read More
Policymakers Urged to Address Housing Supply September 24, 2024 Shannon Clark The affordable housing crisis is linked to a lack of housing supply, MBA panelists said.Read More
Chopra Idea for ‘Open Banking’ With Mortgages a Tough Sell September 24, 2024 Shannon Clark A proposal suggested by Rohit Chopra, director of the CFPB, could be difficult to implement in the mortgage market.Read More
ATR Compliance Unclear at Times for Non-Agency Mortgages September 24, 2024 Brandon Ivey The revamped rules allowed lenders to use a wider variety of standards to meet ATR and qualified-mortgage requirements while also introducing some uncertainty on whether specific loans comply with ATR standards.Read More
Short Takes: Home Price Appreciation Slows / Homebuilders Still Offering Buydowns / Forbearance Rising / CV3 Tops $1.0 Billion in Originations September 24, 2024 Brandon Ivey Annual readings for home price appreciation are close to falling below the increase in conforming loan limits some lenders have offered for 2025.Read More
Offshoring Mortgage Tasks: Not Just for Servicers September 23, 2024 James Dohnert Offshore labor can be used to prepare origination files for credit decisions by a licensed underwriter.Read More
GSE Reform an Area of Interest for Trump Advisors September 20, 2024 Paul Muolo Much of the groundwork for administrative reform of the GSEs was laid during the previous Trump administration.Read More
loanDepot Preps Warehouse Securitization September 20, 2024 Brandon Ivey It will be the 10th warehouse securitization from loanDepot.Read More
Short Takes: Trigger Lead Bill Bundled / Ready for a Refi (When Rates Go Lower) / Sales of Existing Homes Slow / First-Time Homebuyer Share Declines September 20, 2024 Brandon Ivey A bill to ban trigger lead activities was included in a defense appropriations package in the Senate.Read More
Some Volatility Expected After Fed’s 50-BP Rate Cut September 19, 2024 Brandon Ivey Mortgage market participants are adjusting following the rate cut by the Federal Reserve.Read More
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