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Affordable Housing Advocates Brace for Policy Shifts Under Trump

December 12, 2024
Monica Hogan
Some former federal officials who spoke this week at a policy conference said the Trump administration might roll back, or at least revisit, recent housing regulations that touch on climate change.
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Lenders Quick to Close Loans During Refi Wavelet

December 12, 2024
James Dohnert
The push toward automating processes and streamlining business practices helped spur fast closings during the recent refinance boom.
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Rocket Sues HUD After DOJ Accuses Lender of Appraisal Bias

December 12, 2024
Shannon Clark
The lender contended that recent HUD guidance on appraisal reviews is contradictory to government mandates of appraiser independence.
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Optimism, Finger-Pointing Over Trigger Leads Bill

December 12, 2024
Brandon Ivey
Legislation to limit trigger lead activity was removed from “must-pass” defense spending legislation. Still, mortgage industry participants are confident Congress will pass the trigger leads ban as soon as next year.
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Rental History Data Can Boost Mortgage Originations

December 12, 2024
Brandon Ivey
About 40 million households are making consistent monthly rent payments that are equal to or greater than the average monthly mortgage payment, according to one estimate.
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Rithm’s Newrez Spin-Off Still Under Consideration

December 12, 2024
Paul Muolo
A spin-off of nonbank Newrez by Rithm Capital parent could happen in 2025. The missing ingredient: lower interest rates.
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PennyMac Ramps Up Jumbo Lending, Plans MBS

December 6, 2024
James Dohnert
PennyMac looks to re-enter the jumbo MBS market after last issuing a deal in 2013.
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Annaly Eyes Non-Agency Correspondent Growth

December 6, 2024
James Dohnert
Annaly believes its Onslow Bay unit can continue to grow following a record October for loan locks.
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Michigan’s Dart Bank Bullish on Jumbo Wholesale Lending

December 6, 2024
James Dohnert
Dart Bank’s wholesale division launched a new jumbo product.
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Distillery Brews Non-QMs to Help Boost Profits

December 6, 2024
James Dohnert
An Oregon-based distillery infused a mortgage business into its line of companies in a bid to diversify its profits.
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