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Homebuyers Look to DPA Programs to Offset Rising Costs

October 17, 2024
James Dohnert
Borrowers are seeking more information about downpayment assistance programs as home prices continue to increase.
Read More

Another Argument for Title Insurance: The Commons

October 17, 2024
Dennis Hollier
A white paper describes public land records as a “commons” that must be protected from “free riders” that have no stake in its curation.
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Massachusetts Settles With Servicer Over ‘Zombie’ Debt

October 17, 2024
Shannon Clark
The settlement between Franklin Credit Management and the Massachusetts attorney general will require the servicer to cease collecting or attempting to collect on “zombie” second liens in the state.
Read More

Originations Rise. Industry Employment, Not So Much

October 10, 2024
Paul Muolo
With originations increasing, should mortgage lenders add workers or get by with what they have and pay overtime? Mortgage-banking employment is actually down compared to January.
Read More

Mortgage Rate Outlook Choppy in the Near Term

October 10, 2024
Brandon Ivey
Interest rates on mortgages increased in the past week even though the Fed is on a path to cut rates further. The movements are a reminder that mortgage interest rates don’t necessarily move in tandem with the Fed.
Read More

Tensions Grow Between the Biden Administration and the FHLBanks

October 10, 2024
Dennis Hollier
Deputy Secretary of Treasury Wally Adeyemo hinted that the government might reduce its support of the FHLBanks if they don’t put more funds toward affordable housing.
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GSE Multifamily Business, FHLBanks Risks for FHFA

October 10, 2024
Dennis Hollier
FHFA’s watchdog highlights multifamily risk at the GSEs and FHLBank exposure to failing members as key agency hurdles.
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MBA Expands Convergence Into Industry Collaborative

October 10, 2024
Monica Hogan
The Mortgage Bankers Association has partnered with industry stakeholders to help close the racial homeownership gap.
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Lenders Limit Production in Unmapped Flood Zones

October 10, 2024
Shannon Clark
Lenders alter practices to reduce risks associated with lending to unmapped flood risk areas, according to researchers at the New York Fed.
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A Change of Tune for Mortgage Company Investors

October 10, 2024
Paul Muolo
Institutional investors are buying stock and debt instruments of selected companies. Some debt issuances are north of par. Now, if only mortgage rates would cooperate.
Read More
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