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OIG Waiting for FHFA to Implement Changes

June 20, 2025
Dennis Hollier
Roughly 75 of the 675 significant recommendations that the OIG has made to FHFA remain open. The oldest dates from early 2021.
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GSE Roundup

June 20, 2025
Dennis Hollier
GSE credit ratings; big pay raise for Freddie exec; FHFA tech sprinter dashes to better mortgage.
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HUD Counseling Services Save Lenders Time, Money

June 20, 2025
Emmeline Willey
HUD housing counseling services help streamline the application process for borrowers, saving originators time and money, panelists said last week at MISMO’s spring summit in Boston.
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Correspondent Non-QM Lenders Tout Benefits of Channel

June 20, 2025
Abby Zimmardi
Officials that operate non-QM correspondent platforms suggest that mortgage brokers can see success by shifting channels.
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Data Privacy, Automation Help Minority Borrowers

June 20, 2025
Dennis Hollier
In states with data privacy laws, the mortgage-denial gap between minority and non-minority mortgage borrowers is 3% lower than in states without the privacy laws, according to researchers.
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SEC Considering Updates to Reg. AB2 Standards

June 20, 2025
Shannon Clark
Years after the agency first sought public comments on the regulation, the SEC’s Office of Structured Finance is interested in taking another crack at finding ways to improve the rules for ABS.
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Do Lenders Unload Climate Risk Onto the GSEs?

June 20, 2025
Dennis Hollier
New studies show that the expectation of future climate risk effects the current behavior of lenders and CRT can be used to estimate the true cost of hurricane risk.
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Securitizations Climb for FCI’s Non-QMs

June 20, 2025
Paul Muolo
Non-QM securitizations are growing by leaps and bounds — and that’s keeping subservicers and the attorneys that review the deals quite busy.
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Ginnie Partners With South Korea to Boost U.S. Housing Supply

June 20, 2025
Emmeline Willey
Ginnie Mae signed a memorandum of understanding with South Korea’s state-owned government-sponsored enterprise to remove barriers to investments in housing.
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MBA Suggests Single Credit Report Model for GSE Loans

June 20, 2025
Dennis Hollier
The Mortgage Bankers Association has suggested the FHFA end its tri-merge process, replacing it with a single credit report rather than the bi-merge model as currently planned.
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