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Ginnie’s McCargo Rallies Behind NAHREP

March 17, 2022
Monica Hogan
Ginnie Mae President Alanna McCargo vows to vigorously support equity, diversity and inclusion in the housing industry.
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The Decline in Home Equity Lending Continues Unabated

March 17, 2022
Dennis Hollier
There's been scattered talk that some nonbanks might soon launch second-lien products...
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Attorneys: DOJ Self-Referring Redlining Investigations

March 17, 2022
Sam Manas
A DOJ spokesperson declined to comment on the matter.
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A Huge Non-QM MBS From ICP

March 17, 2022
Brandon Ivey
In general, non-QM lenders are expecting strong originations in 2022 but...
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As Better Pines for Public Ownership, Lender Hires ‘Chief People’ Person

March 17, 2022
Paul Muolo
Before Better, Benson-Armer served as a senior partner at McKinsey...
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Searching for a Bottom in GOS: Soon, Maybe?

March 17, 2022
Paul Muolo
Origination profitability has been on a slippery slope the past year, but there are possible signs of stability. Or is that wishful thinking? (Includes data chart.)
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DOJ Self-Referring Redlining Investigations, Attorneys Say

March 17, 2022
Sam Manas
According to Nelson Mullins attorneys, the DOJ is conducting statistical analyses on HMDA loan application register data to unearth potential fair lending violations.
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Lenders Comment on FHFA’s Strategic Plan

March 17, 2022
Dennis Hollier
Mortgage professionals generally approve of the plan, but say more changes are needed to expand access to credit.
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UWM Jumps Into Bank Statement Loan Market. Will Others Follow?

March 17, 2022
Paul Muolo and Brandon Ivey
When originations sag, one solution is to add new products, nonprime or otherwise. At least that’s what UWM did this week. Will it work?
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Hispanic Homeownership Rising But Challenges Remain

March 17, 2022
Monica Hogan
Industry participants discussed the challenges to homeownership growth among the U.S. Latino population during the National Association of Hispanic Real Estate Professionals’ annual conference this week.
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