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Lender Facing Loss After Setback in Appraisal Case

December 16, 2021
Brandon Ivey
Fannie Mae discovered the encroachment during an audit...
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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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