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The Shifting Sands of Warehouse Finance

January 29, 2025
Paul Muolo
The warehouse lending business remains profitable, but that doesn’t mean the sector is without challenges. There’s been two recent exits, but on the plus-side, the nation’s ninth-largest warehouse shop has filed for an initial public offering with plans to quickly double its business.
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California Wildfires May Push Home Values Down

January 29, 2025
James Dohnert
The wildfires in California may prompt a rare decline for home prices in the Golden State.
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Cenlar Considers Financing MSR, Warehouse Lending

January 29, 2025
Paul Muolo
Cenlar, a warehouse lender? It would like to be, but first the subservicing giant has to escape the regulatory jaws of the OCC.
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Odds Increase for Trigger Lead Bill in Congress

January 29, 2025
Shannon Clark
The House Financial Services Committee is now led by Rep. French Hill, R-AR, who is considered a staunch supporter of the legislation.
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MBA Asks CFPB to Delay Nonbank Registry Rule

January 27, 2025
Shannon Clark
The trade group asks that compliance deadlines for the bureau's nonbank registry rule be postponed for at least 60 days.
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Non-QM Lender Launches Delegated Correspondent Products

January 24, 2025
James Dohnert
Newfi has a new line of non-qualified mortgage products for delegated correspondent lenders.
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HUD Settles With PHH Mortgage Over ‘Junk Fees’

January 24, 2025
Namrata Bhatia
The fees in question related to mortgage payments made over the phone or online. HUD said accepting and processing mortgage payments is part of a servicer’s ordinary activities for which it is already paid.
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FHA Eases Underwriting Process for Rental Income

January 24, 2025
Namrata Bhatia
Among the changes, FHA has reduced the required rental income history to 12 months from two years.
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Uncertainty on Government Guarantee, GSE Ratings

January 23, 2025
Dennis Hollier
The debate over how to end the conservatorships of Fannie Mae and Freddie Mac hinges on whether rating services would downgrade the GSEs if they exit without an explicit government guarantee.
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Non-QM MBS Issuer Inks Deal With Insurance Company

January 23, 2025
Paul Muolo
Although Acra Lending could have new owners soon, it continues to strike partnerships. The latest one involves selling non-QMs to an insurance company.
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