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HUD Lists Priorities for 2020, Including DPA, FHAct, More

December 5, 2019
George Brooks

DPA provided by government entities and the disparate-impact standard are among HUD's regulatory priorities for FY 2020, according to the agency's regulatory agenda.


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Lender Accused of Accepting Kickbacks in Postage Stamps

December 5, 2019
Yemeng Yang

RESPA kickback schemes can take many forms. One civil case pending in Maryland centers on postage stamps forwarded by a vendor to an originator.


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The UMBS Up and Running, CSS Quietly Cuts 36 Jobs

December 5, 2019
Dennis Hollier

Although most of the CSS software developers let go were contractors, the company did have a few employees working in development. Now that the platform is finished, those positions are no longer required.


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Mortgage Grapevine: Reading the Origination Tea Leaves

December 5, 2019
Paul Muolo and Yemeng Yang

Profits and originations are starting to show slippage. Then again, it's yearend. Right?


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Non-QM Lenders Expect Market Growth to Rocket

November 27, 2019
Brandon Ivey

The non-QM market has seen strong growth since it started in 2014 though the sector still accounts for less than 5% of total residential originations.


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FHFA Unveils 2020 GSE Loan Limit: $510,400, Up 5.38%

November 27, 2019
Dennis Hollier

It's official: the FHFA on Tuesday released the 2020 conforming loan limit: $510,400, up 5.38% year over year.


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Warehousers at Risk if Nonbanks Get FHLB Access?

November 27, 2019
Paul Muolo

Should nonbank mortgage firms be allowed to join the FHLB system? Hard to say, but if they gain access, the business of warehouse finance could be turned on its head. Or maybe not.


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1st Alliance Closes Amid Regulatory Dispute

November 27, 2019
Yemeng Yang

After a regulatory dispute over state licensing laws in Connecticut, a skeleton crew remains. But the firm is plotting a comeback, potentially in another state next year.


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Mortgage Grapevine: The Big Unknown: GSE Capital / Talking to GSE Investors?

November 27, 2019
Paul Muolo

GSE recap-and-release continues to roll down the tracks. The big question: What will the capital standards bring? Meanwhile, chatter about investor meetings...


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CFPB to Assess Mortgage Disclosure Rule; Meaning?

November 27, 2019
Yemeng Yang

The CFPB plans to assess the effectiveness of the integrated mortgage disclosure rule, which is almost five years old. But be forewarned: It will not necessarily lead to elimination, or even modification.


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Latest Imf News

  • Subservicing Volume Down at Rocket, Cenlar in 2Q

  • Freddie Mac’s Mortgage Investment Portfolio Declines in August

  • MBS Investors Adjusting to New Score Disclosures From GSEs

  • loanDepot Selling Scratch-and-Dent Loans in Non-Agency MBS

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Featured Data

  • Ginnie MBS Issuance Down in August as Refi Slide Continues

  • Banks Resume Adding to Mortgage Holdings in Second Quarter

  • Banks Continue to Add to Their ABS Portfolios

  • Jumbo Share of Originations Highest Since 2022

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  • IMF HMDA Dashboard: 2025

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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