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The Roundup: Nonbank Earnings Rally in 3Q21, GOS Margins Widen

November 15, 2021
John Bancroft
The industry wasn’t exactly partying like it was 2020, but last year was a hard act to follow.
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Early Comments on the Changes to GSE Capital Rule

November 12, 2021
Dennis Hollier
Critics say the amendments correct some of the flaws in the rule finalized last December, but it’s still far too conservative when compared to historic losses at the GSEs.
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FHFA Recalculates the Cost of Forbearance for the GSEs

November 12, 2021
Dennis Hollier
An OIG report finds the GSEs’ expected cost from pandemic-related forbearances has climbed about 30% in the past year.
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Infrastructure Bill Revives 10-Basis-Point G-Fee Surcharge

November 12, 2021
Dennis Hollier
The fee, passed a decade ago to help pay for a temporary payroll tax cut, expired Oct. 1. Democrats resurrected it for another decade to help pay for infrastructure priorities.
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Freddie to Expand Research on Appraisal Bias

November 12, 2021
Dennis Hollier
Roughly half of appraisers who work in both white and minority neighborhoods appear to systematically undervalue homes in predominately minority census tracts.
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FHFA Fills Positions in Research and Legal Areas

November 12, 2021
Dennis Hollier
Dan Coates, senior advisor to Acting Director Sandra Thompson, will take over as head of the Division of Research and Statistics.
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Delinquency Rate Ticks Up in Third Quarter. Meaning?

November 12, 2021
Brandon Ivey
Reasons? Many borrowers are reaching the end of their forbearance periods...
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Pricing Dispute Prompts Pause in Ocwen’s Clean-Up Calls

November 12, 2021
Brandon Ivey
According to the Oakleaf Group, an analytics firm, governing documents for many non-agency MBS don’t include an explanation on how to calculate the fair market value...
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Lenders Worry About Fix-n-Flip? Not Really...

November 12, 2021
Paul Muolo
Acra's goal for 2022? To originate anywhere from $500 million to $750 million worth of these short-term loans.
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Loan Officers Earning Less Money These Days

November 12, 2021
Monica Hogan
On average, LOs facilitated 32% less refi volume in the third quarter, with $900,000 in refi production per month.
Read More
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