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S&P Maintains Lead in ABS Ratings, DBRS Tops in MBS

July 2, 2020
John Bancroft

DBRS Morningstar edged out Kroll Bond Rating Agency as the top firm in rating non-agency MBS in the first three months of the year.


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Lenders Must Review Policies in Light of LGBT SCOTUS Ruling

July 2, 2020
Yemeng Yang
Mortgage firms need to reassess their fair lending programs to check for discrimination based on sexual orientation and gender identity, according to industry attorneys.
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CoreLogic Receives Takeover Bid. Antitrust Anyone?

July 2, 2020
Paul Muolo
Bill Foley, the man who made Fidelity Financial into a title insurance giant, has his eyes on mortgage analytics vendor CoreLogic. But will antitrust concerns prevail?
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Forbearance Related to the Pandemic Continues to Fall

July 2, 2020
Maria Volkova
MBA data show relief numbers falling by 1 basis point to 8.47%.
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HECM Lenders See an Increase in Applications

July 2, 2020
Maria Volkova
The financial turmoil caused by the coronavirus pandemic has prompted many seniors to consider, for the first time, a reverse mortgage.
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Rep. Waters Not Happy with SCOTUS Decision on the CFPB. However...

July 2, 2020
Yemeng Yang
But Waters acknowledged the ruling would make it easier for Joe Biden, if elected in November, to remove Trump’s CFPB director right away.

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Mortgage Bankers Cut Jobs in May While Brokers Added Positions

July 2, 2020
Paul Muolo

Loan brokers, on the other hand, added 1,100 full-timers in May, bringing their employment count to 93,700. Over the past 12 months, brokerage firms have added 8,500 workers.


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Short Takes: FoA Looks to Buy Servicing / A Problem: Origination Capacity / A Dip in Applications / Wanted: Larger Homes / A New CD for CHLA

July 1, 2020
Paul Muolo

Finance of America sees an opportunity in mortgage servicing rights...


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Remaining Strong in June: Fannie, Freddie MBS Issuance

July 1, 2020
John Bancroft

Refinance activity continued to drive Fannie/Freddie MBS issuance, but purchase-mortgage activity has still not caught fire...


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FHA Publishes Quality Control Waivers in Response to the Pandemic

July 1, 2020
Maria Volkova

Lenders must conduct desk reviews of appraisals based on FHA standards...


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