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Blend’s Valuation Reaches $1.7B with Series F Funding

August 28, 2020
Yemeng Yang
The “new normal” of remote work and social distancing due to the coronavirus pandemic has contributed to a boom in digital lending platforms — and their values.
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Existing-Home Sales Surge, Supplies Tighten in July

August 28, 2020
Maria Volkova
Sales of new homes increased by 13.9% in July, marking the highest jump since 2006, according to HUD.
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Co-Marketing During Pandemic Poses Increased Risk

August 27, 2020
Yemeng Yang
But to remain in compliance, parties involved in co-marketing deals have made adjustments to their activity valuation and documentation.
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Still Unsettled: HUD’s Downpayment Assistance Rule

August 26, 2020
Maria Volkova

If the language goes into effect as is, the role of government entities that provide assistance could be limited...


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Chase's Jumbo Aggregator Assessment Downgraded by Moody's

August 24, 2020
Brandon Ivey

The downgrade was prompted by JPM's use of Fannie Mae's Collateral Underwriter and automated valuation models.


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Ginnie Loans in Forbearance Drop, But Wait, There’s More

August 21, 2020
Maria Volkova
Servicers of Ginnie product are buying delinquent FHA and VA loans out of MBS pools and now the mortgages are showing up in a different forbearance category.
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Industry Concerned About Proposed Changes to DPA

August 21, 2020
Maria Volkova
The proposal aims to ensure governmental entities that participate in downpayment assistance programs do not benefit financially.
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CHLA Calls for Lower Penalties on Servicers for Missed Deadlines

August 21, 2020
Maria Volkova
Servicers who fail to meet processing timeframes have to forfeit interest for the entire time it takes to resolve a loan in default.
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Industry Urges FHA to Ease Rules for Borrowers with Student Loans

August 21, 2020
Maria Volkova
The current method for calculating monthly student-loan payments results in artificially inflated debt-to-income ratios.
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FHA Extends Deadline for Filing Claims on Title I Loans

August 21, 2020
Maria Volkova
The extension applies to loans that were current or less than 30 days past due as of March 1 and go into default before Nov. 30.
Read More
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