UWM Open to a Big MSR Sale, But Will It? February 13, 2025 Paul Muolo UWM is pondering sales of $52 billion of product. Will other sellers follow suit or maybe opt for a bank-financing transaction?Read More
Another Big Hire for Cenlar: A Chief Banking Officer February 13, 2025 Paul Muolo Subservicing giant Cenlar created the post of chief banking and capital markets officer, hiring JB Long to man the post.Read More
Trump’s War on DEI May Cause Issues for SPCPs February 13, 2025 Dennis Hollier Regulators and lenders will have to figure out how to comply with non-discrimination laws without resorting to the use of DEI.Read More
Insurance Crisis Could Make Properties Unmortgageable February 13, 2025 Namrata Bhatia The rising homeowner insurance crisis could make getting affordable coverage or getting coverage at all difficult in some parts of the country and, by extension, make properties in those areas unmortgageable.Read More
Grapevine: APOR Confusion; Gould Nominated to OCC February 13, 2025 Namrata Bhatia, Dennis Hollier, and Paul Muolo Absent APOR figure, lenders and mortgage-backed securities buyers would be uncertain whether loans were QM.Read More
GSE CRT Activity Plummets in 4Q February 13, 2025 James Dohnert Fannie issued no Connecticut Avenue Securities during the final three months of 2024.Read More
States Moving Towards ‘Fair Access’ Legislation February 13, 2025 Shannon Clark Fair lending legislation has shifted gears towards ensuring all consumers have access to financial services regardless of their political beliefs.Read More
Onity Boosts Profits in 2024 February 13, 2025 James Dohnert Onity's profits nearly doubled in 2024 despite losses in the fourth quarter.Read More
Short Takes: Homebuyers Increasingly Turning to AI / Sellers Cutting Prices to Woo Buyers / Chase Plans Jumbo MBS / Rocket Preps MBS of CES Loans February 13, 2025 James Dohnert One in three homebuyers are using artificial intelligence tools at some point during the process.Read More
Non-Agency MBS Issuance Takes Major Leap in 2024 February 12, 2025 James Dohnert Chase and UWM led the way as the top contributors to non-agency MBS issued in 2024.Read More