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Redactions an Issue in the Fairholme-GSE Case

December 17, 2019
Dennis Hollier

In 2017, Judge Sweeney ordered the government to produce many of these documents...


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Broker Hiring Outpaces New Jobs Created by Mortgage Bankers

December 17, 2019
Paul Muolo

However, some lenders, including Flagstar Bancorp, are being careful about adding new workers.


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LendingHome Expands Product Offerings for Investment Properties

December 17, 2019
Brandon Ivey

To this point, LendingHome's originations have been concentrated on fix-and-flip bridge loans.


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GSE MBS Issuance Tops $117B in November, Highest Reading Since Early 2013

December 17, 2019
John Bancroft

GSE purchase-mortgage business cooled off, falling 4.9% from the previous month, but refi volume jumped 13.3% to $70.5 billion in November.


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Reform Would Block CRA Credit on Mortgages to the Wealthy

December 16, 2019
Yemeng Yang
The FDIC and OCC proposed Community Reinvestment Act reforms that will prevent banks from receiving credit for making mortgages to higher-income borrowers living in low-income areas.
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Benefits and Risks of Alt Data in Loan Underwriting

December 16, 2019
Yemeng Yang
Federal regulators are cautiously supporting the use of alternative data in loan underwriting decisions, but many uncertainties remain.
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CFPB Fate Debated in Briefs to Supreme Court

December 16, 2019
Yemeng Yang
In opening briefs before the Supreme Court, a California law firm and the CFPB argued the bureau’s structure is unconstitutional, but took opposing positions on how to remedy the situation.
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Conservatives Roast Treasury’s GSE Reform Blueprint

December 16, 2019
Dennis Hollier

Ed Pinto: Owners of GSE common have no right to expect a bailout.


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Lawmakers Question CFPB’s Advisory Opinion Plan

December 16, 2019
Yemeng Yang
Democratic senators are concerned about the CFPB’s plan to provide tailored advisory opinions to companies based on specific circumstances.
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Bank MSR Values Dip to a Three-Year Low

December 16, 2019
John Bancroft

In general, banks and thrifts have been pulling back from the MSR market since 2009...


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