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Concerns Remain About Impact of Portfolio QM

March 29, 2018
Brandon Ivey
Moody’s noted that if the provision becomes law, small banks won’t have to meet certain documentation requirements included in the CFPB’s ability-to-repay rule…
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Financing Flips: Flippin’ Good Volumes Last Year

March 29, 2018
George Brooks
Several lenders now provide financing to this unique niche and more might join the party as 2018 progresses.
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Reg Relief Bill Stalled in the House, Frustration Mounts

March 29, 2018
Yemeng Yang
House Financial Services Committee Chairman Jeb Hensarling said the GOP is trying to negotiate in good faith…
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Short Takes: What’s Up (Down) with GSE Common? / No News, No Bill, No Hope / Citadel Loosens Underwriting / Angel Oak Opens Dallas Ops Center, Seeks New Hires / W&D Expands

March 28, 2018
Paul Muolo and Brandon Ivey
It’s not as though some Congressman or Senator is about to introduce consensus GSE legislation...
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FHFA Gets Specific on the ‘Common Security’: June 3, 2019

March 28, 2018
Paul Muolo and Carisa Chappell
FHFA Director Mel Watt is urging the mortgage industry “to get ready now to ensure smooth, successful implementation.”
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USDA Continues Pilot Program that Uses Alternative Loan Limits

March 28, 2018
George Brooks
Regardless of the method used, the area loan limit may not exceed the FHA single-family mortgage limit.
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Servicing-Released Premiums the Best They’ve Been in Years?

March 28, 2018
Paul Muolo
Wells Fargo and JPMorgan Chase are among the megabanks driving SRP pricing…
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Surprise: A Good Year for HECMs, Production Up 23 Percent in 2017

March 27, 2018
George Brooks
The top three reverse lenders in 2017 were American Advisors Group, Reverse Mortgage Funding and One Reverse Mortgage…
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Angel Oak Set to Issue its Largest Nonagency MBS to Date. A Wide Variety of Loan Types…

March 27, 2018
Brandon Ivey
The weighted average credit score is 701 and average LTV is 76.8 percent...
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Optimism Down Among Potential Buyers as Spring Homebuying Season Commences

March 27, 2018
Brandon Ivey
Homebuying anxiety has set in with many house hunters telling Realtors they are dispirited by the stiff competition for the short number of listings they can afford…
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