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A Sign of Strength in Jumbos?

July 12, 2022
Brandon Ivey
Purchase mortgages accounted for nearly 60% of jumbos in March...
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Fannie/Freddie Exposure to New Fee on Commingled Securities Differs

July 12, 2022
Dennis Hollier
Fannie and Freddie have very different levels of exposure to uniform MBS issued by the other...
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Non-Agency MBS Issuance Down Sharply in 2Q22

July 11, 2022
Brandon Ivey
Spreads on ECM deals priced in May were near levels last seen in the early days of the pandemic...
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MSRs in the Spotlight as Earnings Season Approaches

July 11, 2022
Paul Muolo
Overall, the servicing business is good, very good, most will agree...
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Former FHFA Director Calabria in Boardland

July 11, 2022
Dennis Hollier

Evolve must have been a big fan of of Calabria's. In its press statement announcing the hire, it referred to him as an "industry legend."


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Coming Government Rule Changes: A Busy FHA

July 11, 2022
Monica Hogan
Another possible change: A notice of proposed rulemaking is scheduled in April 2023 to address reductions on servicing costs...
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Short Takes: Is Help on the Way? (Lending Margins) / Some Evidence / Expectations of Wells / Staff Reductions, Finding Positions / Lower FHA Premiums?

July 11, 2022
Paul Muolo
Wells Fargo said roughly 35% of the mortgage workers it cut are "moving into other roles" within the bank...
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HUD’s Spring Regulatory Agenda Shows a Busy FHA

July 8, 2022
Monica Hogan
The Department of Housing and Urban Development’s latest regulatory agenda has more than a dozen items related to either FHA or tribal home loan programs, including some pending rulemakings.
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FHA Expands COVID Relief Program

July 8, 2022
Monica Hogan
FHA took new steps this week to help expand homeownership to borrowers whose work history and income took a hit earlier in the pandemic but are now stable.
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VA to Boost Home Loan Outreach

July 8, 2022
Monica Hogan
The government mortgage insurer wants to see how decisions made during the origination process impact the loan life cycle.
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