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Production Gains Could Continue Into Fourth Quarter

October 3, 2024
Paul Muolo
Although the origination tally for the third quarter won’t be ready for a few weeks, it feels like it was the best of the year. And some CEOs think the fourth quarter could be even better.
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Helene Unleashes Destruction; Industry Offers Aid

October 3, 2024
Monica Hogan
There’s a large gap between damage from Hurricane Helene and what will be covered by the National Flood Insurance Program and the private property insurance market, according to CoreLogic.
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Insurance Companies Defend Their FHLBank Membership

October 3, 2024
Dennis Hollier
Insurance companies were some of the largest originators of mortgages when the FHLBanks were created, but that’s no longer the case.
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Lawmakers Debate Federal Housing Funding

October 3, 2024
Monica Hogan
Members of the Senate Budget Committee debated whether federal funding has any role to play in boosting the supply of affordable housing.
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United Wholesale Mortgage Prevails in Antitrust Lawsuit

October 3, 2024
Shannon Clark
A Florida broker’s complaint alleging UWM violated antitrust laws and attempted to monopolize the wholesale mortgage market failed, after no plausible evidence was provided.
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Will New Capital Plan Boost Onity’s Share Price?

October 3, 2024
Paul Muolo
Onity owns roughly $123 billion of MSR and has a growing subservicing business. But still, the market treats its stock like a leper. Might de-leveraging help?
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FHLBanks Receive Climate Change Directive From FHFA

October 1, 2024
Dennis Hollier
FHFA will hold FHLBank boards and senior management accountable for planning for and adapting to the shifting risks posed by the increasing frequency and intensity of climate-related natural disasters.
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Brokers Gain Share in Nonconforming Market

September 27, 2024
James Dohnert
Brokers took ground in nonconforming loan originations from retail and correspondent lenders during the first half of 2024. (Includes two data tables.)
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Government Housing Officials Outline Regulatory Updates

September 27, 2024
Monica Hogan
At a conference on regulatory compliance and risk management this week, industry executives and government officials reiterated the importance of collaborating on policy to adapt to changes in the housing market.
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Housing Counselors Urged to Train Staff on HECMs

September 27, 2024
Monica Hogan
Housing counseling agencies should increase training on home equity conversion mortgages to accommodate the rise in older Americans who want to age in place, according to FHA Commissioner Julia Gordon.
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