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In the MSR Market, It’s the ‘Best of Times.’ Now Repeat

April 7, 2022
Paul Muolo
Another blockbuster year for servicing sales? If the first quarter is any indication, the answer is yes. The key determinant: interest rates.
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Thompson: GSEs Can Help Increase Housing Supply

April 7, 2022
Dennis Hollier
Although Fannie Mae and Freddie Mac are animals of the secondary market, the FHFA director said they have programs that can increase the amount of housing available.
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Equity-Sharing Programs Gaining Momentum Over HELs

April 7, 2022
Brandon Ivey
With home-equity lending suppressed due to tight underwriting standards, nonbanks are finding some success in equity-sharing agreements. The risk: The products may be classified as loans.
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In Queue: Mortgage Retirements. Replacements?

April 7, 2022
Paul Muolo
When the going gets tough in mortgages, the tough retire. Then again, they can afford to, having made so much money the past two years. But who might replace all those graying CEOs?
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Lenders Should Monitor LOs’ Social Media Use, Experts Say

April 7, 2022
Monica Hogan
Compliance experts are advising mortgage lenders to not let their loan officers get overly creative in their search for new business.
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Borrowers Still in COVID Forbearance at Risk of Foreclosure

April 7, 2022
Sam Manas
Borrowers still in pandemic-related relief are likelier to have weaker financial capacity, be minorities and live in majority-minority tracts.
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NJ Investor Sentenced in Mortgage Fraud Scheme

April 7, 2022
Dennis Hollier
In a refinancing scheme involving some 2,500 units, Seth Levine defrauded lenders and investors out of $60 million.
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Plenty of Mortgage Layoff Talk but Few Hard Numbers

April 7, 2022
Paul Muolo
Mortgage bankers far and wide are trimming employees as interest rates continue to rise and refinance wane. But industry employment figures look benign. How can that be?
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The Mother of All Interest Rate Rises?

April 6, 2022
Paul Muolo
Steve Harris, president of MIAC Analytics: Large scale MBS selling by the central bank will “make mortgages perform even worse"...
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Correspondents Gain Market Share in FHA/VA Sector

April 6, 2022
Monica Hogan
Some top-ranked government lenders relied entirely upon retail production, including Navy Federal Credit Union, New American Funding, PrimeLending, Regions Financial and Angel Oak...
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