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Underwriting Update: Freddie to Also Consider Rental Payment History

November 3, 2021
Dennis Hollier
The two mortgage giants have devised different strategies to make sure renters have a better chance of qualifying for a mortgage.
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And the Winning Bidder on the Home Point Portfolio Is…

November 3, 2021
Paul Muolo
Looking to sell mortgage servicing rights? Now might be a good time...
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Slump in Agency Business Hit All Insurance Sectors

November 3, 2021
John Bancroft
The shift in loan purpose generally had the biggest impact on VA and uninsured volume.
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FHFA OIG Lists Major Challenges Ahead for the Agency

November 3, 2021
Dennis Hollier
The OIG report also documents the lack of continuity in the leadership of DER.
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Trouble Ahead? An Unsightly Increase In Early-Stage Delinquencies

November 2, 2021
John Bancroft
The government-insured market was under more pressure...
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A Strong 3Q21 Showing for New Residential as GOS Heads North

November 2, 2021
Paul Muolo
At Sept. 30, New Residential valued its portfolio of mortgage servicing rights at $6.56 billion...
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Proposed GSE Housing Goals for Multifamily Causing Anxiety

November 2, 2021
Dennis Hollier
The proposal also includes a new area-based subgoal designed to reduce the likelihood that GSE purchases in low-income areas go disproportionately to higher-income borrowers.
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Banks Report Solid Gain in Mortgage Income in 3Q

November 1, 2021
John Bancroft
Although new originations and loan sales declined from the second quarter, many firms said gain-on-sale margins improved.
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Freddie Sees 3Q21 Growth Spurt, Bulk MSR Deals Up

November 1, 2021
John Bancroft
Large mortgage bankers recorded a 5.2% gain in GSE servicing, while small- and mid-sized companies posted an 8.7% gain....
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CFPB Appointments Emphasize Equity and Enforcement

November 1, 2021
Sam Manas
CFPB director Rohit Chopra named Lorelei Salas assistant director for the Office of Supervision Policy and Eric Halperin assistant director for the Office of Enforcement.
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