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FoA Revamps Organizational Structure, Business Reporting Lines

March 24, 2022
Paul Muolo
Finance of America recently posted a huge 4Q21 loss and saw its president depart. Challenges remain, to say the least.
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Tribal Groups Want to be Heard on DPA Rulemaking

March 24, 2022
Monica Hogan
Native American tribes have urged HUD to engage in “robust and meaningful” consultation before undertaking changes to the FHA downpayment assistance program.
Read More

White House Establishes Plan to Root Out Appraisal Discrimination

March 23, 2022
Monica Hogan
A senior administration official said the task force will continue its work beyond the release of the plan. In other words, more to come...
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Jumbo Lending Through Correspondents Increases in Fourth Quarter

March 23, 2022
Brandon Ivey
The increase in correspondent lending was driven by JPMorgan Chase and Wells Fargo...
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Wither the Ginnie EBO Market? Not Quite

March 23, 2022
Paul Muolo
A few days earlier, Mortgage Industry Advisory Corp. unveiled a Ginnie EBO package with $1.11 billion of product.
Read More

Production Profitability Takes It On the Chin

March 22, 2022
Paul Muolo
MBA: "With revenue tightening and volume slowing, it is becoming increasingly important for companies to adjust costs"...
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Non-Agency MBS With GSE-Eligible IPLs Still Under Pressure

March 22, 2022
Brandon Ivey
Whole loan investors are being very careful about what they're willing to pay...
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NAHREP Report Calls for FHA Policy Updates

March 22, 2022
Monica Hogan
NAHREP: There’s also a perception that appraisals for FHA loans will be stricter...
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MBA Holds Firm on FHFA Not Regulating GSE Lenders

March 21, 2022
Dennis Hollier
The trade group believes Congress envisioned the agency as the regulator of the enterprises, not the marketplace as a whole...
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HECM Production the Highest Since 2009

March 21, 2022
Namrata Bhatia
The top three HECM lenders in 2021: American Advisors Group, Reverse Mortgage Funding and Mutual of Omaha...
Read More
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