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Surprise: BOK, Primis Enter the Warehouse Arena

November 7, 2024
Paul Muolo
Additional warehouse providers mean more choices for nonbank mortgage companies. But with mortgage rates headed north once again, will it matter all that much?
Read More

Cenlar’s Fate Remains Murky; Sale Unlikely

November 7, 2024
Paul Muolo
The Cenlar regulatory saga continues. There are rumblings of a potential sale though no known offering book.
Read More

MSR Value in the Eye of the Beholder to Some Extent

November 7, 2024
Brandon Ivey
MSR bids are currently largely rational, though a few packages sold in recent weeks at unexpected prices, according to Brian Simon, a managing director at Bungalow Funding.
Read More

GSE Earnings and the Multifamily Story

November 7, 2024
Dennis Hollier
Despite low volumes and hints of trouble in the multifamily space, GSE profits remain remarkably healthy.
Read More

Study Suggests More Action Needed to Address Appraisal Bias

November 7, 2024
Brandon Ivey
The study found that the Biden administration’s emphasis on reducing appraisal bias has generated some positive results.
Read More

Credit Report Issues Drive Up 3Q Complaints to CFPB

November 4, 2024
Shannon Clark
Complaints filed with the CFPB increased by 23.0% in the third quarter. And for the first nine months of the year, complaint volume nearly doubled on an annual basis, led by issues with credit reports. (Includes two data tables.)
Read More

CFPB Issues Final Rule on Open Banking

November 4, 2024
Shannon Clark
The rule, required by the Dodd-Frank Act, will allow consumers to have greater control over their financial data.
Read More

Section 1033 Rule Faces Mixed Reactions; Lawsuit

November 4, 2024
Shannon Clark
Two trade groups representing banks filed a lawsuit the same day the CFPB released its final rule.
Read More

MBA Urges CFPB to Revise RESPA Regulations

November 4, 2024
Shannon Clark
Regulations under Section 8 of RESPA are “obsolete and costly with few consumer benefits,” according to the MBA.
Read More

CSBS to Roll Out One Company, One Exam in 2025

November 4, 2024
Shannon Clark
State regulators plan to move the One Company, One Exam effort out of pilot into full operation, beginning with larger mortgage companies.
Read More
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