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Non-QM Lenders Ready to Move Forward After COVID

September 16, 2021
Brandon Ivey
Non-QM lenders believe the market is going to grow. The optimism has yet to be reflected in market share, but there’s always next year.
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Biden’s Affordable Housing Plans Raise Some Concerns

September 16, 2021
Dennis Hollier
Trade groups criticize funding mechanisms of Biden plans to promote affordable housing and fair lending while also saying the blueprints aren’t ambitious enough.
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Grapevine: A Mixed Opinion of Calabria? Squirrels?

September 16, 2021
Paul Muolo and Monica Hogan
Assessing the legacy of former FHFA Director Mark Calabria: Did he do more harm than good? All depends on your line of business.
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The Next FHFA Director? The Situation Is Fluid

September 15, 2021
Dennis Hollier and Paul Muolo
Missing in action from the White House nominee list: Mike Calhoun...
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Adjustable-Rate Mortgage Lending Ticks Up in Second Quarter

September 15, 2021
Brandon Ivey
ARMs. Remember those? Lenders are still making them...
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Ginnie MBS Issuance Down in Most Categories in August

September 14, 2021
John Bancroft
Production was down for both purchase and refinance loans.
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Biden Nominates Former Fannie, JPM Executive McCargo to Helm Ginnie Mae

September 14, 2021
Monica Hogan
Former Ginnie president Ted Tozer said now that Biden has made his pick, he hopes the process moves forward in a timely manner.
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Impac Executive Donatacci Departs for The Money Source

September 14, 2021
Paul Muolo
Donatacci joined the non-QM and conventional lender roughly two years ago.
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Texas Court Paves the Way for Payday Lending Rule

September 13, 2021
Namrata Bhatia
The payment provisions under the payday lending rule will become effective June 13, 2022. Attorneys suggest lenders with products covered under the small dollar rule begin revising policies and procedures.
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CFPB Lifts Consent Order Put on Wells Fargo in 2016

September 13, 2021
Paul Muolo
Wells Fargo’s problems with the CFPB are now in the rear-view mirror, but the megabank has considerable OCC exposure. For starters, it cannot buy mortgage servicing rights.
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