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The Fed Accelerates End of MBS Purchases

December 16, 2021
Dennis Hollier
Three interest rate hikes from the Fed next year? Could be...
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Home-Equity Market Limps Along, New Lending Wanes

December 16, 2021
John Bancroft
Banks, thrifts and credit unions reported a modest increase in the untapped HELOC commitments in the third quarter, but homeowners continued to sit on a mountain of untapped equity. (Includes three data charts.)
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Maybe Better.com Should Just Sell Its Assets

December 16, 2021
Paul Muolo
Faced with a not-so-welcoming IPO market earlier this year, AmeriHome and Caliber Home Loans did the next best thing: The two public-bound nonbanks found willing buyers to pay a decent price. Should Better.com do the same?
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Huge Bulk MSR Deals Pending as Year Winds Down

December 16, 2021
Paul Muolo
The servicing sales market continues to burn white hot, thanks to pent up demand. Next stop: 2022. Bring your checkbook.
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OIG Calls on CFPB to Improve Supervision of Nonbanks

December 16, 2021
Sam Manas
One of the recommendations: the Consumer Financial Protection Bureau should create a registry of nondepository institutions that fall within its jurisdiction.
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FHFA Tabulates Examples of Appraisal Bias

December 16, 2021
Dennis Hollier
Free-form text fields in appraisal documents frequently contain property descriptions that may violate fair lending laws.
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Can Cash-out Refis Buffer the Layoff Picture?

December 15, 2021
Also, several shops are aggressively marketing to their servicing customers, pitching cash-out refis.
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Securitization Rate Declines as Agency Footprint Shrinks

December 15, 2021
John Bancroft
Originations of conventional-conforming and government-insured mortgages declined by 4.5% during 3Q21...
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Fix-and-Flip Lender Pays 6% for Five-Year Paper

December 15, 2021
Paul Muolo
The fix-and-flip market has been red hot the past five years, but...
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Slow but Steady Growth for the Subservicing Sector

December 14, 2021
Paul Muolo
The biggest issue for the sector rests on the future of market leader Cenlar FSB, which in October was sanctioned by the OCC...
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