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New Top Lender (GR) Emerges in Prime Non-Agency MBS in 1Q21

April 26, 2021
Brandon Ivey

United Wholesale Mortgage ceded the top spot after it stopped originating jumbos in March 2020 due to volatility from the coronavirus.


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NYCB Moves to Swallow a Big Mortgage Fish: Flagstar

April 26, 2021
Paul Muolo

Interestingly, NYCB, which reduced its presence in home lending long ago, will now be a major player once again.


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Secretary Fudge Blames HUD for Housing Inequality

April 23, 2021
Maria Volkova
The new HUD secretary said real estate agents also are complicit in creating the homeownership gap by undervaluing properties and not providing buyers the relevant information.
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HUD Moves to Restore 2013 Disparate-Impact Theory

April 23, 2021
Maria Volkova
The return of the Obama-era rule would acknowledge that there is no room for discrimination in housing.
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VA Sends COVID-19 Partial Payment Program for Review

April 23, 2021
Maria Volkova
If the proposed COVID-19 partial claim payment program is implemented, veterans who use it could see a substantial rise in their monthly payment, according to industry trade groups.
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All Aboard, the Next Stop for Genworth MI is an IPO

April 23, 2021
Maria Volkova
The IPO news comes less than two weeks after Genworth nixed its years-long merger agreement with China Oceanwide Holdings Group.
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Loans in Forbearance Decline for Seventh Straight Week

April 23, 2021
Maria Volkova
According to Black Knight, 435,000 loans in COVID-19 forbearance will expire in May and a whopping 890,000 in June.
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Effectual Wins $140M Cloud Services Contract with Ginnie

April 23, 2021
Maria Volkova
The New Jersey-based company will help modernize Ginnie Mae’s platform to provide enhanced security, monitoring and service delivery across its entire application portfolio.
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Plush with Stunning Profits, Mortgage Firms Boost Donations

April 23, 2021
Lisa Burden

Lenders both large and small are giving back to their communities. Credit the refi boom of 2020?


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For Sale: A Rare Ginnie Package. More MSRs to Come?

April 23, 2021
Paul Muolo

A thaw is in the air when it comes to auctioning off Ginnie Mae servicing rights...


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