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Fannie Goes Inhouse and Names a New CFO

December 2, 2021
Dennis Hollier
Controller Chryssa Halley to run financial team at the mortgage giant.
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FHFA Sets 2022 Conforming Loan Limits 18% Higher

December 2, 2021
Dennis Hollier
The unprecedented increase has FHFA leadership thinking about the relationship between the conforming loan limits and home price appreciation.
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Some Publicly Traded Lenders Move to Cut Costs

December 2, 2021
Paul Muolo
The mortgage production cycle is starting to turn, so that means a reduction in headcount. But based on third-quarter results from a handful of public shops, the trimming has been light thus far. (Includes data chart.)
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Trump Claims He Would Have Released the GSEs

December 2, 2021
Dennis Hollier
The former president claims he wanted to fire former FHFA Director Mel Watt and let Fannie and Freddie out of conservatorship.
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Guaranteed Rate LO Hits $2B in Originations in 2021

December 2, 2021
Sam Manas
Industry consultant Paul Hindman said the LO’s success was, in part, driven by Guaranteed Rate’s unique business model.
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FHA, Ginnie Mae Still Waiting for Senate-Confirmed Leadership

December 2, 2021
Monica Hogan
A full Senate vote on Julia Gordon’s nomination as FHA commissioner could slip into 2022, while the Senate Banking Committee could vote on Alanna McCargo’s nomination as Ginnie Mae president this week.
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Grapevine: Throw the Forecast Away? / The $5-a-Share Club

December 2, 2021
Paul Muolo
A tougher origination year in 2022? Looks that way, but forecasts can change on a dime when unexpected news alters economic perceptions. Meanwhile, a fist full of nonbank stocks are selling for less than $5 a unit.
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Home Point Cites ‘Scale’ in Exit from Ginnie Servicing

December 1, 2021
Paul Muolo
The Ginnie Mae issuer market is dominated by nonbanks but at least one issuer/servicer is heading for the hills: Home Point.
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Mr. Cooper Feeling a Bit More Bullish About 4Q21. EBOs Help…

December 1, 2021
Paul Muolo
Mr. Cooper also revealed the sale of its reverse unit should close by Dec. 31...
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Lenders Eye Non-QMs as a Replacement for Refi Business

December 1, 2021
Brandon Ivey
A&D Mortgage: “With conventional rates on the rise again, now is a perfect time to reconsider non-QMs"...
Read More
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