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OIG: FHFA Should Learn From 2023 Banking Crisis

August 23, 2024
Dennis Hollier
The FHFA watchdog said the Division of Home Loan Bank Regulation should provide more explicit guidance on how the FHLBanks coordinate with other regulators.
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Fannie Mae Drops Plan to Move DC Headquarters

August 23, 2024
Dennis Hollier
Rather than leave its digs in downtown DC, as announced earlier this year, Fannie Mae opted to renew its lease, albeit with a much smaller footprint.
Read More

FHFA Proposes New Housing Goals for GSEs

August 23, 2024
Dennis Hollier
High interest rates and low supply continue to affect the availability of the affordable homes required to fulfill the GSEs' housing goals.
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Automation, Communication Keys to Boost Margins

August 23, 2024
James Dohnert
Mortgage originators and investors believe that automation must go hand-in-hand with human expertise to create value for a company, and boost margins.
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Homebuyers Take a Wait-and-See Approach

August 23, 2024
Monica Hogan
Even with interest rates on mortgages coming down, home sales have been tepid in recent months, with potential buyers waiting for even lower interest rates.
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Interest Rates, Lender Reputation Top Priorities for Borrowers

August 23, 2024
Shannon Clark
Interest rates continue to be the top priority for borrowers when choosing a mortgage lender, according to a study by Corporate Insight, but borrowers also value interest rate locking options and rate matching.
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Lenders Scramble to Upgrade Tech With Rate Outlook

August 23, 2024
Brandon Ivey
With interest rates on mortgages set to come down, some lenders are looking to quickly adopt tech to help with originations. Blend Labs is seeing lenders use more of the tech vendor’s products and an automated refi offering is on the way.
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Halcyon Leverages IRS Integration for Income Verification

August 23, 2024
Dennis Hollier
Fannie Mae and Freddie Mac have both integrated the fintech’s digital version of IRS Form 8821 to confirm borrower income.
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Grapevine: Remote Work Increases; MISMO ESG Data Product

August 23, 2024
Brandon Ivey
Remote work increases for mortgage fulfillment; MISMO offers reference materials for ESG data; lenders frustrated with tech vendors; ICE updates Encompass; tech firms offer loan audits with AI.
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SPS Suitor Sixth Street — Who Are These Guys?

August 22, 2024
Paul Muolo and Brandon Ivey
What might a new owner of MBS/specialty servicer SPS do with the company? That’s hard to say, but it would appear growth is on the agenda.
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