Cart

Inside Mortgage Finance

April 25, 2024

View Archived Issues

Originations Steady in First Quarter, VA Volume Up

The top-line originations number held steady compared with the fourth quarter while movements in the mortgage market occurred beneath the surface. United Wholesale Mortgage regained its position as the largest lender in the first quarter. Read More

CFPB Dives Into Mortgage Servicers’ ‘Junk Fees’

The CFPB this week issued a report regarding numerous “junk fees” charged by mortgage servicers. The servicers were generally ordered to refund the fees and change their practices. Read More

After Fudge and McCargo, Are More Exits Expected?

The two resignations in less than two months and in a presidential election year have created some uncertainty over the future of other political appointees in the federal housing sector. Read More

FTC’s Ban on Noncompete Clauses Face Legal Challenges

Workers across industries, including mortgage companies, had sent FTC comments describing how noncompetes compel them to endure jobs with poor working conditions. The MBA and other trade groups oppose the rule. Read More

Mortgage Demand Holding Up Despite Interest Rates

Potential homebuyers are showing stronger demand for mortgages than they were a year ago, even though interest rates are higher now. Economists at Fannie Mae revised their projections for mortgage originations upward last week. Read More

Industry Must Collaborate on Climate Risk, Panelists Say

Lenders, servicers and others in the housing market should work together to educate consumers on the financial impact of climate change, according to participants at a conference last week. Read More

House Republicans Move Bills That Have MBA Support

The bills with endorsements from the MBA marked up by a House committee didn’t garner support from Democrats, making it unlikely that they’ll be signed into law during the Biden administration. Read More

Lenders Urged to Be More Lenient Following Forbearance Success

The current loss-mitigation waterfall has dramatically reduced foreclosure liquidations, suggesting lenders could make more loans to riskier borrowers without increasing expected losses. Read More

Fannie CEO Addresses Climate Risk, Housing Gap

As Fannie Mae’s CEO approaches the first anniversary of her tenure, she talks about climate change, affordable housing and the homeownership gap. Read More

Latest Imf News

More Imf News

Featured Data

More Featured Data

Featured Reports

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

View Results