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Partial Ruling for Freddie in Insurance Lawsuit

November 15, 2024
Dennis Hollier
Freddie Mac failed to win a complete summary judgment against an insurer who declined to pay claims related to a 2008 SEC investigation. The judge’s ruling makes it more likely the case goes to trial and discovery.
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GSEs, FHLBanks Expand Mortgage Credit on Tribal Lands

November 15, 2024
Dennis Hollier
The GSEs hope FHLBanks can raise awareness of their programs to improve access to mortgage credit for Native Americans.
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FHFA Appoints Nahrwold as Deputy Director of DER

November 15, 2024
Dennis Hollier
Victoria Nahrwold, a 25-year NCUA veteran, is now heading FHFA’s Division of Enterprise Regulation.
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Fannie Mae Appoints Stowell as Board Member

November 15, 2024
Dennis Hollier
Scott Stowell, who serves on the board of homebuilding giant Toll Brothers, is now a member of the Fannie Mae board.
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Housing Affordability Policy to Change Post Trump Win

November 15, 2024
Monica Hogan
The mortgage finance and housing communities are hopeful of strong housing affordability policies from a second Trump term, but expect the approach to differ from efforts under the Biden administration.
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AI Raises Compliance and Transparency Concerns for Lenders

November 15, 2024
Dennis Hollier
Regulators warn that there is no exemption in fair lending laws for advanced technology.
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Lenders Advised to Protect Against Employee Poaching

November 15, 2024
Shannon Clark
With productive loan originators at a premium, there are strategies lenders can implement to protect themselves from poaching.
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Blend Labs Hits Financial Milestone in 3Q

November 15, 2024
James Dohnert
Officials at Blend are optimistic the mortgage technology provider will reach its goal of sustained profitability in the fourth quarter.
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Grapevine: More Homeowners Staying Put; Gains From eClosing

November 15, 2024
Brandon Ivey
Lock-in persists; eClosing found to provide pricing gains; home sales expected to increase; LOs shy away from AI; credit card offers rewards points for mortgage payments; steady profits for LendingTree from lead business.
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Ginnie Leadership Vulnerable in the Trump Transition Process

November 14, 2024
Monica Hogan
Ginnie could face a leadership gap if Acting President Sam Valverde is asked to leave before a permanent president is in place. The agency is currently without a chief operating officer as well.
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