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Troubles at Insurance Providers an Issue for Mortgage Market

August 24, 2023
Brandon Ivey
Increased risks from natural disasters have led to a rapid rise in premiums on home insurance, rejections of policy requests and some major insurance providers exiting certain markets.
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Industry Welcomes AVM QC Standards With Caveats

August 24, 2023
Sam Manas
Both mortgage industry participants and consumer advocates want the scope of coverage and liability under the rule to be narrowed.
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LO Bidding Wars Are Over But…

August 24, 2023
Paul Muolo
The days of paying insane signing bonuses for top LO talent appear to be over. But there are exceptions. One talent recruiter asks: Will mortgage bankers ever learn?
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New Mortgage Chief at Guaranteed Rate

August 24, 2023
Paul Muolo
Peter Boomer, a former PNC Bank executive, joins Guaranteed Rate as executive vice president.
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Thinly Traded Existing Homes Market Expected to Persist

August 24, 2023
Monica Hogan
The market share of new versus existing homes for sale varies widely across metropolitan areas.
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HELOCs Boosted by Debt Consolidation, Renovations

August 18, 2023
James Dohnert
A record number of homeowners are turning to HELOCs to perform renovations on their properties or paydown credit card debt.
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Industry: Capital Requirements for GSEs Too High

August 17, 2023
Dennis Hollier
Responses to FHFA’s RFI on GSE pricing almost unanimously condemn the capital requirements put in place by former Director Mark Calabria.
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GSE Shareholders Prevail in Net Worth Sweep Trial

August 17, 2023
Dennis Hollier
A jury in the U.S. District Court for the District of Columbia this week handed GSE shareholders their first major win in their effort to recover some of their investment in Freddie and Fannie stocks.
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Delinquencies Increase at Large Servicers in Second Quarter

August 17, 2023
Brandon Ivey
Early-stage delinquencies increased at large servicers during the second quarter of 2023. Servicers anticipate further declines in loan performance. (Includes data chart.)
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HUD, GSEs Respond to Maui Wildfires

August 17, 2023
Monica Hogan
The Department of Housing and Urban Development, Fannie Mae and Freddie Mac reminded lenders and servicers of the options available to homeowners impacted by the deadly wildfires in Maui.
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