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A Respite in MSR Sales and Bids, But Probably Not for Long

August 11, 2022
Paul Muolo
Servicing sales have been a boon to lenders this year as origination volumes head south. But are the good times about to end or is it a market in need of a breather?
Read More

Santander, Others Turning to Rocket for Mortgage Originations

August 11, 2022
Brandon Ivey
Some banks are partnering with Rocket Mortgage on originations. Rocket said banks are having a hard time competing with the nonbank.
Read More

Industry Backs Proposed CRA Rule But with Riders

August 11, 2022
Sam Manas
Trade groups are generally bullish on the new proposed CRA rules but have asked for changes in areas where they saw added regulatory burden.
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Cenlar’s Long-Time Chief Suddenly Retires

August 11, 2022
Paul Muolo
Cenlar, the nation’s largest subservicer, has a new leadership team. The move comes roughly 10 months after federal sanctions were filed against the firm.
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Mortgage Assumptions Could Make a Comeback

August 11, 2022
Monica Hogan
Lenders want FHA to increase the limit on fees they can charge for processing an assumable mortgage, a product expected to gain popularity in the coming months.
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One-Third of Declined Mortgage Loans Eligible for DPA

August 11, 2022
Dennis Hollier
Fannie Mae will allow downpayment assistance supported by lender-funded grants.
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Grapevine: Battle of the Mortgage Titans / Better

August 11, 2022
Paul Muolo
UWM outearned Rocket in the second quarter, but mortgage banking is a nine-inning game. Meanwhile, not only is Better.com struggling, so is its chief benefactor, SoftBank.
Read More

Private Mortgage Insurance Share Rises Above 50% Mark in 2Q

August 11, 2022
John Bancroft
The six active private mortgage insurers provided coverage on $120.92 billion of new originations in 2Q22...
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UWM’s Ishbia Throws Down the Gauntlet: ‘We Control the Margins’

August 11, 2022
Brandon Ivey
When it comes to GOS, UWM's Mat Ishbia says he's running the table...
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LoanDepot Discloses Warehouse Waivers, Raises the Specter of Reorganization

August 11, 2022
Paul Muolo
The company, ranked seventh by Inside Mortgage Finance, is not alone when it comes to warehouse waivers being granted.
Read More
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