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Other News in Brief

March 14, 2022
Sam Manas
CFPB seeks input from data analysts; GOP lawmakers seek documents regarding FDIC vote on review of bank merger rules; Virginia amends consumer data protection law; Utah passes privacy law; Chopra comments on Executive Order regarding cryptocurrencies.
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Increase in Mortgage Limits Impacts GSE Seller Volume

March 14, 2022
Dennis Hollier
The top five loan sellers to the GSEs in February: Rocket, UWM, Chase, Wells Fargo and loanDepot...
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A Ginnie EBO Portfolio Hits the Auction Circuit

March 14, 2022
Paul Muolo
Bids on the whole loan package are due by St. Patrick's Day...
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Mortgage Firms Put on Alert for Russian-Related Cyber Attacks

March 14, 2022
Monica Hogan
The Federal Reserve is in constant communications with financial institutions regarding cyberattacks...
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As Refinances Ebb, Originators Turn to New and Little-Used Products

March 14, 2022
Brandon Ivey
Mountain America recently launched a one-time-close loan, which can be used for home construction or renovations.
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Full Steam Ahead for Fannie CRT

March 11, 2022
Dennis Hollier
The mortgage giant’s credit-risk transfer program got 2022 off to a good start with its first CIRT transaction of the year.
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Condo Groups Seek Delay of GSE Standards

March 11, 2022
Dennis Hollier
The collapse of Champlain Towers South in Florida resulted in the GSEs issuing temporary guidelines tightening eligibility requirements for condo loans. Industry representatives have denounced the new rules as draconian.
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GSEs’ Big Year a Boon to Affordable Housing Programs

March 11, 2022
Dennis Hollier
A windfall for Fannie and Freddie last year means their contributions to the Housing Trust Fund and the Capital Magnet Fund are up 3.9% for the year.
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Fannie Names First Chief of Diversity and Inclusion

March 11, 2022
Dennis Hollier
Sharifa Anderson has been appointed to the newly created position of senior vice president for diversity and inclusion at the government-sponsored enterprise.
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FHFA May Soon Choose Between FICO and VantageScore

March 11, 2022
Dennis Hollier
Also on the table: Will there be just one credit score model, or will lenders be able to select from multiple options?
Read More
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