Asked whether the administration would acquiesce on the changes, CHLA Director Scott Olson — a former denizen of Capitol Hill — said he’s “somewhere between hopeful and confident.”
While nonbanks ranking among the top-100 lenders boosted production by 3.2% in the first quarter, depository institutions posted a 7.9% drop. (Includes two data charts.)
The Department of Housing and Urban Development, VA, and the U.S. Department of Agriculture are expected to reveal additional plans in July, offering new payment reduction options designed to allow more homeowners to stay in their homes.
One veteran warehouse executive could be headed to the front lines of the M&A battle. Meanwhile, the Juneteenth holiday scuttled loan closings, but was the damage all that bad?