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ESG Factors Gaining Importance in Securitization Ratings

August 19, 2021
Lisa Burden
While ESG factors have mattered since the 1990s, KBRA analyst Eric Thompson said questions such as whether an asset will be impacted by rising sea levels are gaining more prominence.
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Grapevine: GSEs’ Housing Goals / Vaccine Proof Must at SFVegas

August 19, 2021
Brandon Ivey
FHFA proposes tougher housing goals for the GSEs and SFA will require attendees at the upcoming SFVegas conference to be vaccinated.
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Mortgage M&A Advisors, Time to Start Your Engines?

August 19, 2021
Paul Muolo
Sick of hearing about the ramifications of lower gain-on-sale margins? Okay, but declining GOS likely will play a role in the M&A market.
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HUD, FHFA Join Hands to Boost Fair Housing Oversight

August 19, 2021
Monica Hogan
Industry consultants are cautioning companies to take steps to ensure their fair housing compliance teams are ready to defend an expected uptick in enforcement actions.
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Judge Approves Third Payout in HAMP Case Against Wells

August 19, 2021
Lisa Burden
The latest $22 million settlement brings to an end a lawsuit accusing Wells Fargo of wrongfully denying loan modifications to borrowers who eventually lost their homes to foreclosure.
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Ginnie Extends Deadline on Single-Family Issuer RFI

August 13, 2021
Monica Hogan
In comment letters already submitted, mortgage servicers and credit unions warned that proposed capital requirements could force some entities out of the Ginnie market and drive up the costs of loans.
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Biden’s Top FHA Pick Lays Out Priorities, Faces Critics

August 13, 2021
Monica Hogan
If confirmed, FHA nominee Julia Gordon’s first task will be to manage borrower exits from COVID-related forbearance programs that start this fall. However, her confirmation is unlikely to happen before September.
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Dems Call on FHA Nominee to Change Policy on Bulk REO Sales

August 13, 2021
Monica Hogan
Democrats on the Senate Banking Committee want the next FHA commissioner to revisit an Obama-era policy that keeps distressed properties out of the reach of individual home buyers.
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FHA Gives Servicers Partial Waivers for COVID Loan Mods

August 13, 2021
Monica Hogan
Two waivers address concerns that requiring re-reviews of which borrowers were eligible for foreclosure prevention options could take focus away from loss-mitigation efforts.
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House Votes to Approve Increased Budget for HUD

August 13, 2021
Monica Hogan
A House appropriations minibus bill passed last month includes funding to help boost IT and cybersecurity modernization priorities at HUD.
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