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Increasingly, Fannie and Freddie are Sticking to Core Activities

November 1, 2022
Brandon Ivey
Noncore business at the GSEs is declining due to both diminished demand and a change in pricing policies made by the FHFA...
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WARN Act Violations Cited in FGMC Bankruptcy Case

November 1, 2022
Paul Muolo
The information is based on an amended declaration made by CEO Aaron Samples...
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LO Headhunting Continues Unabated (Somewhat)

November 1, 2022
Paul Muolo
Hiring more loan officers, now? Mortgage bankers, at times, can be an optimistic lot....
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VA Proposes Revisions to Interest Rate Reduction Refi Loans

November 1, 2022
Monica Hogan
Comments are due Jan. 3 of next year...
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Expanded-Credit MBS Issuance Off by Almost 20%

October 31, 2022
Brandon Ivey
Angel Oak ranked second with EC MBS issuance of $579.6 million...
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PRMG, Others in the Hunt to ‘Sign Up’ Finance of America Branches

October 31, 2022
Paul Muolo
Guaranteed Rate had hoped to takeover a large chunk of the FoA network but the deal fell apart...
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Short Takes: An Exclusive Lending Club / Public vs. Private / BayFirst Exits the Arena / UWM’s Earnings? / Fannie and Freddie?

October 31, 2022
Paul Muolo
It should be an interesting earnings quarter for UWM...
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Gordon Seeks Stable Funding for FHA Catalyst IT Modernization

October 28, 2022
Monica Hogan
FHA needs reliable funding to continue its multi-year Catalyst information technology upgrade, Commissioner Julia Gordon said in a recent interview.
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FHA Commissioner Discusses Market Challenges at MBA Convention

October 28, 2022
Monica Hogan
As the landscape shifts from refinances to purchase mortgages, the FHA program can be a volume generator, FHA Commissioner Julia Gordon told attendees at the annual Mortgage Bankers Association convention.
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Ginnie Grants One-Year Reprieve on Risk-Based Capital Standards

October 28, 2022
Monica Hogan
Nonbank issuers participating in Ginnie Mae MBS now have until the end of 2024 to comply with new risk-based capital requirements.
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