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Fannie COO to Depart

April 8, 2022
Dennis Hollier
Kimberly Johnson joins the long list of high-level GSE executives headed for greener pastures.
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GSE Originators Move to Loosen Credit Standards

April 8, 2022
Namrata Bhatia
In the first quarter of 2022, 16.46% of loans securitized by Fannie and Freddie had credit scores ranging from 620 to 699...
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In the MSR Market, It’s the ‘Best of Times’

April 8, 2022
Paul Muolo
While lenders struggle with sharply lower application volumes, the MSR market is ripe with deals...
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Fannie Offers Alternative to Title Insurance

April 8, 2022
Dennis Hollier
For some lenders, an opinion letter written by a qualified attorney may be cheaper and more efficient than title insurance.
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Lenders Urged to Keep an Eye on LO Usage of Social Media

April 8, 2022
Monica Hogan
Monitoring compliance is crucial for originators to avoid violating consumer protection rules...
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Fed Researchers See Signs of Housing Bubble

April 8, 2022
Dennis Hollier
Home prices have come untethered from rent, which could be a sign of “irrational exuberance,” according to economists from the Federal Reserve Bank of Dallas.
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Hedging Rate Locks Key for Lenders as Interest Rates Rise

April 8, 2022
Paul Muolo
Too many credit unions and community banks are ignoring the risks of ill-thought-out interest rate lock strategies, according to Black Knight. By using technology that integrates lock commitments with loan origination system data, lenders can more effectively hedge against risk.
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Detroit Confronts Limited Purchase Lending Activity

April 8, 2022
Monica Hogan
The lack of purchase-mortgage lending activity in Detroit contributes to low home values, deteriorating housing stock and high rates of residential property vacancies, according to a new study from Detroit Future City.
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Single Women Face Homebuying Obstacles

April 8, 2022
Monica Hogan
The reason: Single female borrowers are generally less affluent than single male borrowers, have lower incomes and take out smaller loans, according to researchers at the Urban Institute.
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Grapevine: New Standards for Credit Losses; Blend Takes Large Loss

April 8, 2022
Brandon Ivey
Revised accounting standards for credit losses; troubles mount at Blend; MISMO updates iLAD, considers eNote standards for commercial market; MBA redesigns website, highlighting reduced content.
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