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MBS Trading Heads North, Time to Take Profits?

July 18, 2024
Paul Muolo
With the yield on the 10-year Treasury reaching multi-month lows of late, MBS investors see smooth sailing to a rate cut by the Fed.
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Ginnie’s HMBS 2.0 Proposal Will Need Investor Buy-In

July 18, 2024
Monica Hogan
The proposal aims to address issues that contributed to the failure of HECM lender Reverse Mortgage Funding in early 2022.
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First of its Kind Securitization Involving SBA Loans

July 18, 2024
Shannon Clark
The pooling of about $100 million of SBA loans should provide economies of scale to smaller lenders.
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Freddie Announces Multifamily Giant PCs

July 18, 2024
Dennis Hollier
The new PCs will provide investors more flexibility and efficiency by allowing them to consolidate smaller securities.
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Historical VantageScore 4.0 Data to Help With GSE Shift

July 18, 2024
Dennis Hollier
The new data will help lenders determine the impact of the upcoming shift from a tri-merge credit reporting process to a bi-merge model.
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Seventh Circuit Affirms CFPB’s Authority Under ECOA

July 18, 2024
Shannon Clark
The Seventh Circuit Court decision in CFPB v. Townstone Financial could broaden the scope of the Equal Credit Opportunity Act.
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Mixed Trends in Lending at Big Banks in Second Quarter

July 18, 2024
Brandon Ivey
Big banks increased their mortgage originations in the second quarter. But halfway through the year, volume is down at many of the banks.
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Banking Groups Against Any Changes to FHLB Mission

July 18, 2024
Dennis Hollier
Many mortgage industry trade groups believe changing the mission of the Federal Home Loan Bank system is Congress’ responsibility rather than that of the FHFA.
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Regulators Look to Wrap Up Rulemaking Agendas

July 18, 2024
Shannon Clark
The slowdown is part of a typical trend seen at federal regulators prior to a presidential election.
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HUD Charges Rocket With Appraisal Bias, Settles With TAF

July 18, 2024
Monica Hogan
The Department of Housing and Urban Development charged Rocket Mortgage with appraisal bias in connection with a denied refinance application. loanDepot settled a similar charge with the CFPB this year.
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