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GSE Foreclosure Activities Continue to Normalize

July 7, 2023
Dennis Hollier
Delinquencies inched up slightly in the first quarter, despite remaining near historic lows. Meanwhile, loan forbearances rose while modifications declined.
Read More

Fannie Adds Affordable Housing to DUS Disclose

July 7, 2023
Dennis Hollier
The new value denotes multifamily properties where the borrower sponsors affordable units in cost-burdened or very cost-burdened areas.
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Fannie Pushing Multifamily Survey on Energy, Water Use

July 7, 2023
Dennis Hollier
The anonymized data from the voluntary survey give multifamily property owners insight into how their energy and water use compares to similar properties in other parts of the country.
Read More

AI Proves Valuable in Mortgage, Adoption Slow

July 7, 2023
James Dohnert
Artificial intelligence can cut down on “stare and compare” tasks. But mortgage originations are so complex, and anxiety-provoking for borrowers, that humans are essential.
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Prefunded Mortgage Reserves Can Limit Defaults

July 7, 2023
Dennis Hollier
Low-income borrowers could divert some of their downpayment funds to a reserve account that would pay loan costs during emergencies in a pilot program proposed by the Urban Institute.
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Warehouse Banks: Clients Must Keep Dialogue Going

July 7, 2023
James Dohnert
Warehouse bankers advise lenders to stay in contact with their funders as the market deals with low inventory and volatile interest rates.
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Figure Launches HELOC Product for Wholesale Channel

June 30, 2023
James Dohnert
The platform offers end-to-end support and closing times measured in days, not weeks.
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Maxex Secures New Partnerships, Funding

June 30, 2023
James Dohnert
After deploying new solutions for the non-QM market, Maxex has partnered with South Street Securities Holdings and Atlas Merchant Capital for a new equity investment round.
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Issuance Boosts Struggling Non-QM Secondary Market

June 30, 2023
Brandon Ivey
The non-agency secondary market has been slow recently. But three new securities show there’s still some action.
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Dutch Co. Caps New Shared-Equity Mortgage at $500K

June 30, 2023
James Dohnert
Netherlands-based Anyone.com is the latest to throw its hat into the growing shared-ownership mortgage space. Its goal is to stretch available financing to assist as many homebuyers as possible.
Read More
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