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Blend’s IPO Prices at Top of Range, Stock Starts Strong

July 22, 2021
Brandon Ivey
Blend Labs netted $360 million from its IPO at a valuation of more than $4.0 billion. Meanwhile, Better Mortgage is in the process of going public via a SPAC.
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A Healthy Mortgage Jobs Picture? Looks That Way

July 22, 2021
Paul Muolo
Mortgage hiring remains strong, even in the face of declining rates. However, the salary boom for rank-and-file staffers is a thing of the past.
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Flood Insurance in Spotlight as FEMA Examines Policies

July 22, 2021
Brandon Ivey
Fannie Mae called upon FEMA to provide improved disclosures while some industry stakeholders suggested expanding the areas subject to mandatory flood insurance.
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Top Republican Wants Uejio to Testify About His Actions

July 22, 2021
Lisa Burden
CFPB Acting Director Dave Uejio has indicated his willingness to appear before the House Financial Services Committee to respond to Republican concerns over his actions of the past six months.
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Higher Capital Standards: Trouble Ahead or a Good Thing?

July 15, 2021
Paul Muolo
The government wants its MBS servicers to have more cash on hand, just in case. But what about Fannie and Freddie?
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Home Price Boom Leading to More Cash-Out Refis, Jumbos

July 15, 2021
Brandon Ivey
Home prices are increasing at levels last seen in 2005. A growing share of mortgage originations are shifting to the jumbo market and cash-out refis.
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Want to Get into the MI Business? Here’s Your Chance

July 15, 2021
Paul Muolo
Mortgage insurer PMI of Arizona has put itself on the auction block. Who? And therein lies a story...
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Reading the Megabank Tea Leaves: A Decent 2Q21 for Lending

July 15, 2021
Paul Muolo
It’s earnings season and the early results indicate a decent 2Q for most but not all is rosy. Gain-on-sale margins continued to suffer.
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Shareholders Consider Their Chances Post Collins

July 15, 2021
Dennis Hollier
The Supreme Court dealt GSE shareholders a blow in Collins, but cases before a DC district court and the U.S. Court of Federal Claims may finally get before a jury.
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Lenders Once Again Demand Rescission of PSPA Rules

July 15, 2021
Dennis Hollier
Trade groups are focusing on the PSPAs’ impact on the ability of the GSEs to cross-subsidize their affordable housing efforts.
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