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HUD Reviewing FHA Pricing Post Strong MMIF Results

November 21, 2024
Monica Hogan
With the latest MMIF audit showing a strong capital reserve ratio, the FHA commissioner said it’s probably time to take action on pricing.
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Growing: MSRs as a Percentage of Nonbank Assets

November 21, 2024
Paul Muolo
Increasingly, nonbanks have a large chunk of their assets tied up in mortgage servicing rights — some more than others. Is that a problem? (Includes data table.)
Read More

Ohio Bank Aims to be a Player in Warehouse Finance

November 21, 2024
Paul Muolo
A 35-year veteran of residential finance — including more than a decade at Wells Fargo — Ken Logan is leading Huntington’s foray into warehouse finance. Also on the menu: loans backed by servicing rights.
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Little Activity Expected in Congress Prior to Transition

November 21, 2024
Monica Hogan
Industry watchers expect the fiscal year 2025 budget appropriation bill to get kicked further down the road through another continuing resolution.
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What Will Trump Do With the GSEs?

November 21, 2024
Dennis Hollier
Old industry hands like Mike Calhoun of CRL and former FHFA acting Director Ed Demarco say getting the GSEs out of conservatorship might be more complicated than the Trump administration believes.
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FHFA Budgets for Growth, Yet Again

November 21, 2024
Dennis Hollier
If past is prologue, the Federal Housing Finance Agency’s plan to hire as many as 141 employees may only be aspirational.
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Recent Borrowers Plan to Refi Even If Rate Cuts Fall Short

November 21, 2024
James Dohnert
The majority of recent homeowners who responded to a survey conducted by TransUnion said they plan to refinance in the next 12 months.
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Former Freddie CEO Layton Suggests Getting Rid of MSR

November 21, 2024
Dennis Hollier
The former Freddie executive said eliminating mortgage servicing rights, or transferring them to the GSEs, would eliminate the need for nonbank mortgage servicers to make servicing advances on delinquent loans.
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CFPB Mortgage Proposals Face Uncertainty Under Trump

November 14, 2024
Shannon Clark
President-Elect Donald Trump is expected to replace Rohit Chopra as CFPB director. It’s not yet clear how the Trump administration plans to handle mortgage-related efforts in progress at the CFPB.
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Trump Poised to Revamp Federal Housing Leadership

November 14, 2024
Monica Hogan
Brian Montgomery and Bill Pulte are among the names floating to lead the Department of Housing and Urban Development.
Read More
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