MBA Chief: Recent LLPA Changes ‘Doing More Harm Than Good’ May 16, 2022 Paul Muolo and Dennis Hollier Broeksmit said MBA “strongly favors a robust private market"...Read More
Senate Confirms Gordon to Lead FHA. About That Premium Cut... May 12, 2022 Monica Hogan Now that Gordon has been plated, the lobbying for a premium cut begins...Read More
Consumer Complaints Surge in the First Quarter of 2022 May 11, 2022 Sam Manas Year-over-year, overall consumer gripes were up 39.7%, but mortgages...Read More
FHFA Has Plenty to Ponder on Eligibility Proposal May 11, 2022 Dennis Hollier SFA raised concerns about how the appropriate net worth, capital and liquidity requirements for seller/servicers are calculated.Read More
MSRs Come Into Focus at Ginnie as Capital Rule Looms May 9, 2022 Paul Muolo The good news: MSR values are enjoying a renaissance, courtesy of rising interest rates.Read More
Fannie Earnings Retreat in the First Quarter of 2022 May 5, 2022 Dennis Hollier The mortgage giant’s putative net worth jumped to $51.8 billion, but its shortfall in total adjusted capital increased to $272 billion.Read More
Ginnie Seeks Common Ground with FHFA on Capital Requirements May 4, 2022 Monica Hogan The Ginnie chief said alignment "simplifies" issuers’ capital and liquidity planning...Read More
Servicers Raise Concerns Over GSE Eligibility Requirements May 2, 2022 Dennis Hollier MBA criticized FHFA’s plan to impose a 2% liquidity requirement on servicers’ hedging position in the TBA market...Read More
The FHA Lender Penalty Tally for FY21: A Mere $11 Million May 2, 2022 The take-away compared to years past: FHA lenders appear to be behaving themselves...Read More
CFPB Chief Holding His Fire on Mortgage Enforcement April 28, 2022 Sam Manas Richard Horn, a former CFPB senior counsel, said the bureau has been “surprisingly quiet in terms of real actions.”Read More