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Other News in Brief

November 23, 2020
Yemeng Yang
The CFPB halts reorganization of its supervision, enforcement and fair lending division; the bureau refuses to rescind a policy regarding credit reporting agencies.
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MetLife to Issue its First Non-Agency MBS Backed by New Production

November 23, 2020
Brandon Ivey

At the end of June, the the insurance giant laid claim to a residential whole-loan portfolio totaling $17.2 billion...


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Biden’s Anointed Chief of Staff Has Strong Fannie Ties

November 22, 2020
Dennis Hollier

Klain was a registered Fannie Mae lobbyist from 2002 to 2005...


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Warner and Rounds Warn FHFA About Giving Away the GSE Store

November 20, 2020
Paul Muolo and Dennis Hollier
If the FHFA wants to release the GSEs from conservatorship before President Trump leaves office, it will need a big assist from Treasury. And therein lies the problem.
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Redfin Accused of ‘Digital’ Redlining

November 20, 2020
Maria Volkova
In a new lawsuit, fair housing organizations have alleged that Redfin’s minimum price policy makes it harder for agents to sell homes in minority neighborhoods.
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Credit Model Reform Needed to Solve Housing Discrimination

November 20, 2020
Yemeng Yang
Incorporating alternative data into the underwriting model with rigorous front-end control may help eliminate racial inequality in housing, according to industry analysts.
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Homebuyers Are Making Faster Decisions During Pandemic

November 20, 2020
Maria Volkova
Pre-pandemic, consumers would start shopping 180 days before closing on a mortgage. The window has now shrunk to 100 days.
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Grapevine: Buying High-Coupon MSRs / UWM’s SPAC a Go

November 20, 2020
Paul Muolo
There’s more than one way to skin an MSR cat. Meanwhile, looks like UWM’s SPAC will be completed in December.
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Investors in Bulk MSRs are Kicking the Tires Once Again

November 20, 2020
Paul Muolo

Late this week there was talk in the market of two fairly large packages up for grabs: a $13 billion portfolio of conventional mortgage servicing rights and a $25 billion offering...


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Banks Gobble Up GSE MBS in Historic 3Q20 Buying Spree

November 20, 2020
John Bancroft

Federally insured depositories added a whopping $115.23 billion to their aggregate single-family MBS portfolio during 3Q20, according to Inside MBS & ABS...


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