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FHA’s Gordon Seeks to Move the Needle on Credit Access

October 20, 2022
Monica Hogan
Despite a tough economic environment, FHA Commissioner Julia Gordon believes the administration is “making progress” to expand access to credit.
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What’s Left at FoA? MSRs and Shrinking Production

October 20, 2022
Paul Muolo
It’s been tough sledding for Finance of America this year but it has plenty of company. Then again, the shop is under extra scrutiny since it was once the property of The Blackstone Group.
Read More

Analysts: Nonbank Mortgage Market Ripe for M&A Now

October 20, 2022
Monica Hogan
A perfect storm in the mortgage market could spur industry consolidation in the next year, according to a recent Keefe, Bruyette & Woods report.
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Grapevine: The Changing of the Mortgage Guard at Truist

October 20, 2022
Paul Muolo
A top executive in Truist’s mortgage department is moving on. Meanwhile, insiders at loanDepot keep selling shares. In a few weeks, the nonbank will release 3Q results. Should we read something into the selling?
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Nonbank Servicing Gains Boosted by MSR Transfers

October 13, 2022
John Bancroft
Nonbanks continued to broaden their footprint in agency mortgage servicing during the third quarter, particularly the Ginnie market. Bulk MSR acquisitions played a role in that.
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What Goes Up, Comes Down: Nonbank Repo Lines

October 13, 2022
Paul Muolo
Repo lines, a type of warehouse financing, are being trimmed left and right these days as originators move to save money. A surprise? Not exactly, but it seems the filers are proliferating.
Read More

As Midterms Approach, Hope Grows for FHA MIP Cut

October 13, 2022
Monica Hogan
The approaching midterm elections have once again sparked debate on when the FHA will announce a reduction in insurance premiums. Will the Biden administration use an MIP cut to stoke Democratic support?
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Lenders Bracing for Stagnant Home Prices Next Few Years

October 13, 2022
Brandon Ivey
After a couple of years where annual home price growth averaged 20%, analysts expect prices to flatten or even decline. And it’s possible the conforming loan limit set for 2023 will remain in place for all of 2024.
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Marlin Mortgage Sees Advantage in Acquiring MSR

October 13, 2022
Paul Muolo
The tide has turned somewhat in the servicing market — it’s a great time to be a buyer, depending on who you talk to. Meet Marlin Mortgage Capital.
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Hurricane Ian-Related Losses Estimated at $70 Billion

October 13, 2022
Sam Manas
CoreLogic estimates the uninsured flood loss from the storm is between $10 billion and $17 billion.
Read More
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