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A Byproduct of COVID Damage: Fannie Will Take Control of 18 Senior Communities

December 21, 2020
Dennis Hollier

Like many companies in the sector, Capital Senior Living has been deeply impacted by the pandemic. The company posted a $215 million loss in the third quarter, $191 million of which it attributed to the transfer of these properties to Fannie.


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CFPB Settles with ‘Successor’ to Seterus Over Loss Mitigation Work

December 18, 2020
Paul Muolo

At one point, the IBM-controlled Seterus did contract servicing work for Fannie Mae...


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Ginnie Loans in Forbearance Decrease but Worries Remain

December 18, 2020
Maria Volkova
The share of Ginnie Mae loans in forbearance declined as of Dec. 6, but red flags remain as the economy continues to stagger.
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iBuying Market Lags Traditional Home Buying

December 18, 2020
Maria Volkova
The pandemic caused the iBuying market to come to a standstill, resulting in 50% less volume.
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Connecticut Hard-Money Lender Readies Five-Year Paper

December 18, 2020
Paul Muolo

Through the first three quarters of 2019, Sachem has earned $6.6 million.


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Credit Unions Move a Step Closer to Investing in MSRs

December 18, 2020
Brandon Ivey

Credit unions are currently prohibited from purchasing MSRs as an investment. The proposal was opposed by the Democrat on the NCUA's board.


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A Mortgage M&A Boom in 2021 or Wishful Thinking?

December 17, 2020
Paul Muolo

This year, mortgage bankers were making too much money and pushed aside the thought of selling. Next year might be a different story...


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Trouble Ahead as 30-Day Delinquencies Rise on Agencies

December 17, 2020
John Bancroft

Although early-payment delinquency rates were up across the board, they remained significantly lower than six months ago.


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Not Happening: Fannie and Freddie Out of Conservatorship by Jan. 20

December 17, 2020
Paul Muolo and Dennis Hollier
As the clock winds down on the Trump White House, the GSE regulator continues to pull levers. Just not the big one. Credit: Steve Mnuchin.
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The 2021 CMBS Recovery Will Be Slow and Fragmented

December 17, 2020
Yemeng Yang
Several factors will support new loan credit quality next year, including re-covering CRE fundamentals, capital market liquidity, demand for real assets and some degree of conservatism in underwriting, said Moody’s.
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