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Federal Agencies Look to Sustain Equity Efforts

July 20, 2023
Monica Hogan
Experts call for ongoing, intentional and collaborative efforts across federal agencies to combat racial disparities in homeownership and access to housing financing.
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The Legacy of Angelo Mozilo: It’s Complicated

July 20, 2023
Paul Muolo
If ever there was a Horatio Alger story for the mortgage industry it’s Angelo Mozilo, the co-founder of Countrywide Financial. The recently deceased Mozilo proved that nonbanks could compete with the megabanks. Then the subprime crisis happened.
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Policymakers Vow to Step Up Appraisal Bias Actions

July 20, 2023
Monica Hogan
During the annual conference of the National Fair Housing Alliance this week, stakeholders outlined appraisal reform efforts.
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Built-Up Equity Can Help Ease Purchase Mortgages

July 20, 2023
James Dohnert
Homeowners are waiting out the high-interest rate environment before considering selling.
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Translating Mortgage Documents Lowers Rates for LEP Borrowers

July 20, 2023
Dennis Hollier
After FHFA required the GSEs to provide translated mortgage documents, limited English proficient borrowers’ experiences improved, new research shows.
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FirstKey Mortgage to Issue Second CES Securitization of 2023

July 19, 2023
James Dohnert
FirstKey Mortgage is expected to issue a MBS of closed-end second-lien loans amid growing demand for the product.
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Life Insurance Firms See Opportunities in Non-QM

July 14, 2023
James Dohnert
Mortgage loans provide good portfolio diversification and match up well with insurers’ long-term liabilities.
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Schwab Offers Mortgage Discounts to Wealthy Clients

July 14, 2023
James Dohnert
Financial services company Charles Schwab is expanding a program that offers discounted mortgage rates in a bid to draw more high-net-worth clients.
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New Non-QM Lender Uses Custom Tech to Stand Out

July 14, 2023
James Dohnert
The Mortgage Calculator is leveraging multimedia and an in-house technology team to be as transparent as possible with its broker partners.
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Non-QM Lenders Debut Slate of New Products and Enhancements

July 14, 2023
James Dohnert
Lenders are launching or expanding programs for foreign nationals, borrowers with credit events and short-term rentals.
Read More
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