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Unsettled Still: The Disparate-Impact Question

February 18, 2021
Maria Volkova

But first, some background: In 2015, NAMIC and the American Insurance Association successfully challenged the Department of Housing and Urban Development’s final rule on the use of disparate impact to prove allegations of unlawful discrimination with regards to homeowners’ insurance.


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IPO-Bound Nonbank Revealed as MSR Seller

February 18, 2021
Paul Muolo
Caliber, as a technical matter, still plans on selling shares to the public. But the company also is in the market with a huge flow deal. Confused?
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AmeriHome Pushes the Sale Button. More Deals En Route?

February 18, 2021
Paul Muolo
When rates rise, all sorts of things can happen, like IPO-bound firms opting for a sale instead.
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A Sequential Profit Drop for loanDepot but Shares Rally

February 18, 2021

Talk about a rollercoaster ride: loanDepot came out at $14 a share last week and at one point almost reached $40.


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Grapevine: Rising 10-Year; GSEs Still Expanding Their Workforce

February 18, 2021
Paul Muolo
Treasury yields continue to rise. Will mortgage rates follow? Meanwhile, Fannie and Freddie lament the competition for top talent.
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TPO Channels Post Gains at Expense of Retail

February 17, 2021
John Bancroft

The top retail lender was Quicken, while UWM took top honors in table funding...


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Wells Fargo Resumes Third-Party Jumbo Originations

February 17, 2021
Brandon Ivey

In mid-January, Charles Scharf, president and CEO of Wells, had indicated the bank was ready to resume activity on correspondent basis, but was noncomittal.


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Forbearance Tally Lowest Since April of Last Year

February 16, 2021
Paul Muolo

MBA cited improvements in Fannie Mae/Freddie Mac and Ginnie Mae loans as the driver behind the better readings.


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FHA/VA Foreclosure and Eviction Moratoriums Extended Once Again

February 16, 2021
Maria Volkova

The new timeline moves the moratorium's expiration from March 30 to June 30...


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Despite Employee Buyout Offers, GSE Headcount Keeps Growing

February 16, 2021
Paul Muolo

The filings also reveal the frustrations the two mortgage giants are having finding experienced workers during the mortgage boom...


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