Servicing Paddles Harder to Keep Lenders Afloat in 3Q December 5, 2022 John Bancroft Three of the 22 companies reported net losses on production...Read More
Brokers Push for Removal of GSE Cash-Out Fee December 5, 2022 Dennis Hollier NAMB also believes the timing of the increase is poor...Read More
Securities Professionals Applaud SEC Relief on Disclosure Rule December 5, 2022 Namrata Bhatia The Structured Finance Association lauded the SEC’s decision...Read More
Phoenix Out With Another MSR Deal, This One Top-Heavy With NY Product December 5, 2022 Paul Muolo The bid deadline is Dec. 6...Read More
Congress Pushes FHFA to Revise Capital Rules for FHLB Members December 2, 2022 Dennis Hollier If the nation goes into recession, paper losses on Treasuries and MBS may deprive small community banks from accessing critical FHLBank advances.Read More
Mortgage Brokers Push for Removal of Cash-Out Fee December 2, 2022 Dennis Hollier Mortgage brokers argue homeowners shouldn't have to pay fees to fund governmental policy initiatives.Read More
District Court Tosses Collins v. Yellen (For Good?) December 2, 2022 Dennis Hollier A district court judge in Houston said the plaintiffs weren’t able to prove that they were harmed because President Trump was prevented from removing FHFA Director Mel Watt from office for two years.Read More
GSEs Set Stage for New Conforming Loan Limits December 2, 2022 Dennis Hollier As of Jan. 1, Fannie Mae and Freddie Mac will for the first time be able to purchase one-unit single-family loans worth more than $1 million.Read More
Fannie Releases Cohort-Level Social Data December 2, 2022 Dennis Hollier A new Fannie chartbook provides detailed cohort-level data on the socially oriented lending backed by the enterprise.Read More
Fannie Releases a Loan Defect Taxonomy for 2022 December 2, 2022 Dennis Hollier A table comprised of 13 categories and dozens of subcategories itemizes all the ways a mortgage loan can go bad.Read More