Short Takes: GSEs Need to Update Pricing / Edicts for Fannie and Freddie / A Better Talent Pool? / Rocket CEO Keeps Buying Shares / Regulatory Update October 14, 2022 A better employee talent pool may be headed Fannie's and Freddie's way...Read More
MBA's PAC Funded 2020 Presidential Vote Objectors October 12, 2022 Monica Hogan In all, MORPAC contributed nearly $1.1 million to federal candidates in the election cycle...Read More
Late Court Rulings Set Stage for Fairholme-FHFA Trial October 11, 2022 Dennis Hollier The case is headed to trial soon...Read More
Short Takes: Still on the Market: Mortgage CEO’s $26.5M Condo / A Slight Uptick in Refis / Seed Money for Investor-Lender / Invitation’s Hurricane Damage? / Escrow Interest Case October 11, 2022 Paul Muolo and Sam Manas VC money is still available for some lenders...Read More
loanDepot’s Capital Markets Chief Continues to Sell Shares October 7, 2022 Paul Muolo Like most home lenders, loanDepot is in the throes of right-sizing its operations...Read More
CFPB Considers Revisions to QM Standards, Servicing Practices October 5, 2022 Brandon Ivey The RFI also focuses on potential changes to servicing practices...Read More
Ginnie Expands Loan Buyout Authority Post Ian, Fiona October 4, 2022 Monica Hogan Ginnie Mae early this week expanded loan buyout authority to issuers to allow them to offer financial relief to borrowers affected by the recent hurricanes Ian and Fiona.Read More
CFPB's Chopra Reminds That Nonbanks Remain a Key Part of His Agenda October 4, 2022 Sam Manas Chopra said the CFPB must be the "financial first responders" if consumers are subjected to systemic abuse...Read More
FHA Seeks Industry Feedback on Low-Balance Lending October 3, 2022 Monica Hogan FHA’s Title II program provides limits on the maximum loan amount but doesn’t set a floor...Read More
CMBS Valuation Practices Face Scrutiny in Wake of Trump Lawsuit October 3, 2022 Brandon Ivey The NY AG makes numerous allegations regarding property valuations, including on a loan that went into a commercial MBS.Read More
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