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Short Takes: NDM Hires Former loanDepot Wholesale Manager / Also… / More Stock Sales by LD Insiders / Job Losses at Clear Capital / A Sudden Departure at Ally / Tozer Weighs In

October 18, 2022
Paul Muolo and Monica Hogan
Insiders at loanDepot keep unloading shares...
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Ginnie MBS Issuance Continues to Slope Downward

October 17, 2022
The top-three Ginnie issuers through the first nine months of 2022: PennyMac, Rocket Mortgage and Lakeview...
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U.S. Bank Bucks the Trend, Increases Home Lending in 3Q. A Large Decline for BofA

October 17, 2022
Paul Muolo
BofA also reduced its home-equity volume, producing $2.4 billion of loans in 3Q22 compared to $2.5 billion the quarter before...
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As Midterms Approach, Optimism Regarding a MIP Cut Grows

October 17, 2022
Monica Hogan
A MIP cut soon? FHA Commissioner Julia Gordon is speaking next week at the annual MBA convention...
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Marlin's MSR Holdings Top $45 Billion With Room to Grow...

October 17, 2022
Paul Muolo
Marlin's Andrew Weber: “There’s a lot of servicing out there that’s going to come forward into the market."
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FHA Lenders Wait for Cut to Mortgage Insurance Premium

October 14, 2022
Monica Hogan
With the FHA MMIF actuarial audit due next month, industry watchers are speculating the timing of an announcement of a potential MIP cut.
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FHA Opens RFI on Small Mortgage Loan Originations

October 14, 2022
Monica Hogan
FHA is seeking comments through Dec. 5 on its request for information on barriers to small mortgage lending.
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VA Targets Native Veteran Borrowers With Holistic Approach

October 14, 2022
Monica Hogan
A VA Native American Direct Loan offers the same benefits as one from the VA home loan guaranty program but with no private lender in the middle, said John Bell of the VA Loan Guaranty Service.
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CHLA Asks Senate to Fund FHA Catalyst IT Upgrades

October 14, 2022
Monica Hogan
The House and Senate passed separate bills over the summer containing funding for the Department of Housing and Urban Development for the next fiscal year.
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Ginnie’s Nonbank Standards Remain Under Scrutiny

October 14, 2022
Monica Hogan
Industry analysts continue to assess Ginnie Mae’s new nonbank issuer eligibility requirements and what impact they might have on the mortgage market.
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