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A Trying Time for Originators as Rates Spike North of 4%

March 24, 2022
Paul Muolo
A year of transition? Tough times require action on the part of mortgage CEOs. Some shops are adding new products and branch networks. Others are pulling the layoff lever.
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Altisource Shifts Course with Non-QM, Alternative Lending

March 24, 2022
Brandon Ivey
Altisource Asset Management is shifting its focus from managing assets to acquiring non-QMs and other alternative mortgage products.
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White House Announces Plan to Confront Mortgage Appraisal Bias

March 24, 2022
Monica Hogan
The five-point action plan includes initiatives to create a more diverse appraiser workforce and raise awareness about consumer rights.
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Bipartisan Senate Bill Seeks Details on NFIP Pricing

March 24, 2022
Dennis Hollier
Senators have raised concerns over the lack of transparency in the FEMA program’s risk-mitigation calculations.
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FoA Revamps Organizational Structure, Business Reporting Lines

March 24, 2022
Paul Muolo
Finance of America recently posted a huge 4Q21 loss and saw its president depart. Challenges remain, to say the least.
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GSEs’ 2021 MF Numbers Suggest Housing Goal Shortfall in 2022

March 24, 2022
Dennis Hollier
Fannie Mae and Freddie Mac purchased fewer mortgages for mission-based multifamily lending in 2021. And this year their housing goals are even higher.
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Tribal Groups Want to be Heard on DPA Rulemaking

March 24, 2022
Monica Hogan
Native American tribes have urged HUD to engage in “robust and meaningful” consultation before undertaking changes to the FHA downpayment assistance program.
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Searching for a Bottom in GOS: Soon, Maybe?

March 17, 2022
Paul Muolo
Origination profitability has been on a slippery slope the past year, but there are possible signs of stability. Or is that wishful thinking? (Includes data chart.)
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DOJ Self-Referring Redlining Investigations, Attorneys Say

March 17, 2022
Sam Manas
According to Nelson Mullins attorneys, the DOJ is conducting statistical analyses on HMDA loan application register data to unearth potential fair lending violations.
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Lenders Comment on FHFA’s Strategic Plan

March 17, 2022
Dennis Hollier
Mortgage professionals generally approve of the plan, but say more changes are needed to expand access to credit.
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