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Inside Mortgage Finance
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Bank Capital Re-Proposal Plan Brings Relief — and Uncertainty

September 19, 2024
Brandon Ivey
More than a week after a Fed official outlined a planned re-proposal to adjust capital requirements for large banks, industry participants are still waiting for the formal document.
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Private-Equity Money and MSRs: Mostly Heaven?

September 19, 2024
Paul Muolo
Private-equity firms still love MSRs, apparently. But will declining mortgage rates diminish PE demand for servicing?
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Nonbanks Expect Home Equity Lending to Flourish

September 19, 2024
Brandon Ivey
Borrower demand for home equity loans is expected to continue even as interest rates decline. Meanwhile, nonbank lenders are working to compete with depository institutions for the production.
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CFPB’s Reverse Redlining Charges Against Texas Lender Dismissed

September 19, 2024
Shannon Clark
The CFPB has 30 days to amend its complaint against Loan Originator Services as part of a fair lending lawsuit filed against a Texas-based developer and lender, Colony Ridge.
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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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Latest Imf News

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