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A Positive of Sorts: Nonbank Debt Trading North of Par

May 9, 2024
Paul Muolo
If you’re looking for signs of hope in a difficult mortgage market, a source of inspiration might be the debt values of certain lender/servicers.
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Rate Lock-in Not Primary Factor in Moving Plans

May 9, 2024
James Dohnert
A new survey shows that higher interest rates may not be the only thing stopping homeowners from moving.
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Fannie, Freddie Earnings Impacted by Interest Rates

May 9, 2024
Dennis Hollier
Fannie and Freddie are facing portfolio losses due to the mortgage market.
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UWM Earnings Increase in First Quarter

May 9, 2024
Shannon Clark
UWM returned to a positive net income during the first quarter of 2024.
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SEC Evaluates FINRA Rule Shortening MBS, ABS Reporting Timeframe

May 9, 2024
Brandon Ivey
If the rule is adopted, ABS and MBS reporting timeframes will tighten.
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CFPB-Submitted Consumer Complaints Reach Historic High in Q1

May 9, 2024
Shannon Clark
Credit reporting issues took the top spot for consumer complaints submitted in the first quarter.
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Mortgage Industry Disputes CFPB Report on ‘Junk Fees’

May 6, 2024
Shannon Clark
The CFPB’s latest push on mortgage servicing fees could be the start of more to come, according to industry attorneys.
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Iowa Adopts CSBS Standards for Mortgage Servicers

May 6, 2024
Shannon Clark
New standards for nonbank mortgage servicers will go into effect in Iowa on July 1. While only a handful of states have adopted the CSBS model standards, substantially all large nonbank servicers are covered.
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Study Shows Foreclosure Delays Foster Sustained Economic Recovery

May 6, 2024
Shannon Clark
Temporary foreclosure delays instituted by the CFPB during the pandemic helped both borrowers and the economy, according to a new paper presented at a CFPB conference last week.
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CFPB Touts Credit Card Offerings by Small Banks

May 6, 2024
Shannon Clark
The bureau is providing guidance on ways small banks can increase their presence in the credit card industry.
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