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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.
Read More

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.
Read More

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.
Read More

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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Fed Tests Sales of MBS, Prompting Further Questions

November 14, 2024
Dennis Hollier
Slow runoff speeds mean that low-coupon MBS make up a growing share of the Fed’s balance sheet. Does that mean the Fed will begin selling MBS outright?
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MBS Trading Increases Again in October, Clouds Forming

November 14, 2024
Paul Muolo
MBS trading volume had its best month of the year in October. Might higher tariffs promised by a new White House force rates higher, damaging the mortgage market?
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Cherry Hill’s Planned Management Switch Hits Snag

November 14, 2024
Brandon Ivey
Cherry Hill Mortgage Investment continues to work toward an internal management structure, which would require a break from management affiliated with Stanley Middleman, CEO of Freedom Mortgage.
Read More
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