GSE Shareholders to Make Last Stand Against FHFA September 15, 2022 Dennis Hollier Treasury and FHFA motions for dismissal could be the last gasp in the most prominent shareholder lawsuit challenging the net worth sweep.Read More
Higher CPI Could Force Fed to Accelerate Rate Hikes September 15, 2022 Dennis Hollier Some analysts predict the FOMC will hike rates more than 100 bps at its meeting next week.Read More
LO Signing Bonus Turns Heads. Is It Really Worth it? September 15, 2022 Monica Hogan The mortgage industry is questioning whether today’s market supports multi-million-dollar signing bonuses for top-performing loan officers.Read More
Jumbo a 2Q22 Bright Spot, But Not for Fannie/Freddie September 15, 2022 UWM and Rocket Mortgage are battling it out to be the top agency jumbo sellers, according to figures compiled by Inside Mortgage Finance...Read More
Warehouse Commitments Continue to Head South September 15, 2022 Paul Muolo When nonbanks hurt, so too do their financiers...Read More
As Nonbanks Increase Market Share, Complaints Decline September 15, 2022 Sam Manas The researchers also found that when nonbanks gain share, banks shift their focus to higher-income borrowers...Read More
Coming Soon: The GSE Trial of the Century. Fairholme v. FHFA September 14, 2022 Dennis Hollier Among those testifying: Ed DeMarco, James Lockhart and Timothy Mayopoulos...Read More
Industry Tells White House Time is Right for an FHA MIP Cut September 14, 2022 Monica Hogan The plea came in the form of a letter to Brian Deese, director of President Biden’s National Economic Council.Read More
Another Senior Hire for loanDepot September 14, 2022 loanDepot, like most lenders, is trying to right-size its operations...Read More
A Summer Full of Mortgage Job Losses... September 14, 2022 Paul Muolo Some of Sprout's West Coast staff found jobs at Acra Lending...Read More