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Inside Mortgage Finance
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Blue Skies Ahead for Multifamily Lending

December 23, 2021
Sam Manas
In 2022, the industry could wind up funding $421 billion of multifamily mortgages. Also, rents are likely to increase as concessions decrease.
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Grapevine: Another Fix-and-Flip M&A / Loading Up on MSRs

December 23, 2021
Paul Muolo and Brandon Ivey
It may be yearend but deals of all sorts are still percolating, whether servicing-related or the sale of “business purpose” lenders.
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Home-Equity Market Limps Along, New Lending Wanes

December 16, 2021
John Bancroft
Banks, thrifts and credit unions reported a modest increase in the untapped HELOC commitments in the third quarter, but homeowners continued to sit on a mountain of untapped equity. (Includes three data charts.)
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Maybe Better.com Should Just Sell Its Assets

December 16, 2021
Paul Muolo
Faced with a not-so-welcoming IPO market earlier this year, AmeriHome and Caliber Home Loans did the next best thing: The two public-bound nonbanks found willing buyers to pay a decent price. Should Better.com do the same?
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Regulatory Agendas Include Many Mortgage Items But Not QMs

December 16, 2021
Brandon Ivey
Federal regulators provided status updates on several current and pending mortgage-related rulemaking initiatives. But revisions to the qualified-mortgage standards were missing from the CFPB’s agenda.
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Huge Bulk MSR Deals Pending as Year Winds Down

December 16, 2021
Paul Muolo
The servicing sales market continues to burn white hot, thanks to pent up demand. Next stop: 2022. Bring your checkbook.
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Biden Nominates Thompson as Permanent FHFA Director

December 16, 2021
Dennis Hollier
President Biden’s choice has pleased mortgage industry and affordable housing advocates, who were largely critical of FHFA policy under conservative Mark Calabria.
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OIG Calls on CFPB to Improve Supervision of Nonbanks

December 16, 2021
Sam Manas
One of the recommendations: the Consumer Financial Protection Bureau should create a registry of nondepository institutions that fall within its jurisdiction.
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FHFA Tabulates Examples of Appraisal Bias

December 16, 2021
Dennis Hollier
Free-form text fields in appraisal documents frequently contain property descriptions that may violate fair lending laws.
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Turmoil Dims the Odds of Better.com Becoming Public

December 9, 2021
Paul Muolo
Better.com’s dream of becoming a public company is on shaky ground these days. Events of the past week include a large layoff conducted over Zoom and the CEO apologizing after making disparaging remarks about those he cut.
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