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With the Calabria Era Over, Lenders Seek to Overturn Controversial GSE Moves

June 24, 2021
Paul Muolo and Dennis Hollier
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.”
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Nonbanks Expand Footprint in Primary Mortgage Market

June 24, 2021
John Bancroft
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.)
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The Second-Lien Slump Continues...

June 24, 2021
It’s not uncommon for home-equity lending to take a back seat when first-lien refinancing is running hot but the refi market appears to be waning...
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One ‘Final’ Extension on Home Foreclosures from Uncle Sam

June 24, 2021
Maria Volkova
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.
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Grapevine: A Warehouse Departure? / Loan Closings and an Unexpected Holiday

June 24, 2021
Dennis Hollier and Paul Muolo
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?
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Slipping Away: Jumbo Servicing Balances?

June 23, 2021
Brandon Ivey
Flagstar Bank stood out with a 25.2% jump in jumbo servicing.
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CFPB Policy Agenda Excludes Move to Define ‘Abusiveness’

June 23, 2021
Lisa Burden
The bureau also had dropped its pursuit of two rulemakings under the Home Mortgage Disclosure Act.
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Banks Still the Largest Hog at the MBS Trough

June 22, 2021
John Bancroft
Banks may have ceded the residential lending game to nonbanks but they certainly love the end product...
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A Trip to the Debt Well for Freedom Mortgage

June 22, 2021
Paul Muolo
With rates headed south once again, debt issuance by nonbanks could get one last run...
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In Danger: The Mortgage Profit Gravy Train

June 22, 2021
Once again, the primary reason cited for lower profit margins was competition from other lenders...
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