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The Post-Forbearance Predictions Have Begun

May 27, 2021
Dennis Hollier
Data confirm that forbearance and income support during the pandemic reduced serious delinquency rates. Economists say deferrals and home price increases should help keep them down.
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Freddie Study Delves Into Refi Realities for Minorities

May 27, 2021
Dennis Hollier
Minority homeowners are much more likely to have significant savings if they refinance, but they’re much less likely to actually get a refi.
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Senate Banking Committee Approves Todman’s HUD Nomination

May 27, 2021
Maria Volkova
If confirmed, Adrianne Todman will be the first African-American woman to serve as deputy secretary at the HUD.
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Grapevine: The MSR Churn Rate; Layoffs Around the Corner?

May 27, 2021
Paul Muolo
Fannie Mae is feeling slightly more bullish on the origination picture for 2021. Also: Are lenders ready to chop heads?
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Strong Competition Pushing Wholesale Lenders’ Margins Down

May 20, 2021
Brandon Ivey
Margins on originations through the wholesale channel are plummeting, with market leader UWM trying to squeeze competitors. Third-ranked Home Point was operating at breakeven levels in April.
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As Interest Rates Stay Firm, Bulk MSR Offerings Proliferate

May 20, 2021
Paul Muolo
Bulk servicing sales are beginning to catch fire. Credit: rising rates and slower prepayment speeds. Moreover, dealmakers anticipate a red-hot third quarter for transactions.
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CFPB’s Proposal to Halt Foreclosures Draws Support from Servicers

May 20, 2021
Lisa Burden
Industry trade groups want the final rule to include clear exceptions to the moratorium provisions, clarify the scope of the streamlined modification exemption and streamline proposed early intervention requirements.
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Senate Overturns OCC’s True Lender Rule

May 20, 2021
Maria Volkova
The so-called rent-a-bank scheme allowed nonbanks to get around state caps on interest rates, according to Democratic lawmakers.
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BofA Lobbyist a Candidate for the Ginnie Job?

May 20, 2021
Paul Muolo
The Washington rumor mill is spitting out names for the FHA and Ginnie Mae jobs. Will any turn into actual nominations?
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GSEs Unveil Underserved Markets Plans for 2022-2024

May 20, 2021
Dennis Hollier
Fannie and Freddie both plan to increase their acquisitions of purchase-money mortgage loans secured by manufactured homes.
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