Lenders Stretching the Credit Box on GSE Loans July 12, 2021 Brandon Ivey At the other end of the spectrum, deliveries of refi loans with credit scores of 740 or higher fell 20.1% from the first to the second quarter...Read More
Sen. Warren Slams Wells for LOC Cancellations July 12, 2021 Paul Muolo Some of the LOCs contained borrowing authority of up to $250,000.Read More
Industry Still Considering Impact of SCOTUS Decision July 12, 2021 Dennis Hollier One thing is clear: The verdict was a blow to Fannie Mae and Freddie Mac common and junior preferred shareholders.Read More
Fannie Mae Draws Fire for Rule on Short-Term Rentals July 12, 2021 Dennis Hollier The real estate industry was especially concerned and mounted an organized response...Read More
FHFA’s Embattled IG to Retire July 9, 2021 Dennis Hollier Laura Wertheimer to depart in the wake of claims she fostered “a culture of witness intimidation.”Read More
Three FHFA Veterans Promoted July 9, 2021 Dennis Hollier FHFA Acting Director Sandra Thompson begins building her leadership team.Read More
The Debt Store Remains Open. Sellers: Freedom and Sachem July 9, 2021 Paul Muolo Investors are still open to the idea of buying debt issued by nonbank mortgage firms, but will the window stay open through the summer?Read More
Industry Increases Efforts to Boost Diversity and Inclusion July 9, 2021 Lisa Burden The first step for many companies looking to ramp up efforts to increase diversity and inclusion: hiring a diversity officer. The MBA’s diversity officer has some other suggestions too.Read More
Grapevine: Still Interested in MBs: PE Firms / The IPO Queue July 9, 2021 Paul Muolo and Brandon Ivey A few more mortgage IPOs could hit the stock roulette wheel by yearend. The reason: another potential reprieve on rates.Read More
Sagging Agency MBS Weighs on Overall Securitization Market in 2Q July 9, 2021 John Bancroft The Ginnie market actually held up fairly well with a slim increase over the first quarter...Read More