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Inside Mortgage Finance
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HUD Partners With Zillow to Promote Counseling Services

September 19, 2024
Monica Hogan
Zillow will advertise on its platform a HUD campaign that seeks to create awareness of the availability of housing counseling services.
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Senate Republicans Introduce Housing Policy Reform Bill

September 19, 2024
Shannon Clark
The Renewing Opportunity in the American Dream to Housing Act seeks to improve housing counseling and financial literacy programs.
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Re-Proposed Basel III Endgame Will Have Concessions for Mortgages

September 12, 2024
Dennis Hollier
Federal regulators are set to re-propose Basel III capital requirements for large banks. Federal Reserve Vice Chair Michael Barr will recommend eliminating a proposed 20% risk-weighting add-on for mortgages.
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Trade Groups Urge CFPB to Reconsider Servicing Proposal

September 12, 2024
Shannon Clark
While trade groups want the CFPB to update Regulation X’s mortgage servicing standards, a recent proposal from the CFPB received mixed reviews.
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Rocket Working to Increase Share in Wholesale Channel

September 12, 2024
Brandon Ivey
Rocket Mortgage is taking steps to boost its market share and production of purchase mortgages. That includes an effort to increase wholesale lending.
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Home Equity Investments Offer Vast Potential, Risks

September 12, 2024
Brandon Ivey
Home equity investments allow homeowners to receive cash in exchange for a share in home price appreciation. Activity in the sector has grown to the extent that there was a conference dedicated to HEIs last week.
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Interest Rate Cuts Could Lead to a Refi Ripple

September 12, 2024
James Dohnert
Lower rates this winter could create a small boost in refi volume, but don’t expect a massive wave of refis like a few years ago.
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Grapevine: Harris Touts Housing Plans; Trump Floats Mortgage Proposal

September 12, 2024
Monica Hogan and Brandon Ivey
Harris reiterates housing plan at debate; Trump vows to prohibit mortgages for undocumented residents; CFPB plans open banking rule for mortgages; Rocket to rebrand.
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Anticipated Cut in Interest Rates by Fed Getting Closer

September 5, 2024
Brandon Ivey
The Federal Reserve is widely expected to reduce the federal funds rate on Sept. 18. The initial rate cut is already priced in to mortgage rates.
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NAR Settlement Causes Early Confusion for Homebuyers

September 5, 2024
James Dohnert
In the long run, mortgage brokers and real estate agents believe the NAR commission settlement will boost business.
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