The mortgage IPO market is in tatters these days, given higher interest rates and rapidly shrinking profits and originations. So why does fintech Better.com think it can pull off a deal?
The Consumer Financial Protection Bureau is likely to move forward with the QM definition established in late 2020, with possible tweaks to seasoned QMs, according to industry participants.
Officials are examining multiple factors, including current housing and economic conditions, as well as trade-offs within the Congressional appropriations process, when considering a reduction to FHA mortgage insurance premiums.