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Home » Topics » Inside Mortgage Finance » Originations

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FEMA Reverses Course on Decision to Halt New Flood Policies

December 31, 2018
Brandon Ivey and Paul Muolo
The NAR called FEMA’s about-face a “critical win.”
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GSE Credit Scoring Models: The Future is Unwritten

December 31, 2018
Dennis Hollier
Fannie and Freddie tossed out the idea of creating their own internal models as impractical...
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Interest-Only Lending Declines in Third Quarter

December 31, 2018
Brandon Ivey
First Republic Bank, the top IO lender in the group, originated $1.68 billion of product…
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Short Takes: Worrying About the IRS / NRMLA Talking to Members about the HECM Situation / Most Underwriting Can Continue / Mnuchin’s Future / OCC Hires SBC Attorney

December 31, 2018
Paul Muolo
Capital Alpha Partners: “Mnuchin’s job is in danger the same as any cabinet member under Trump...."
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FEMA ‘Reviewing’ Authority to Allow National Flood Insurance Program to Operate During Government Shutdown

December 28, 2018
Brandon Ivey
FEMA said it is working determine what options exist to enable the National Flood Insurance Program to allow the sale and renewal of flood insurance policies to continue during the government shutdown.
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Short Takes: OPM Suggests Federal Employees Speak with their Servicers / Agency Releases Draft Letter to Help Reduce Mortgage Payments / 800,000 Federal Employees Impacted by Shutdown / Details on Freddie’s SFR Pilot

December 28, 2018
Brandon Ivey
The sample letter from the Office of Personnel Management notes that because of the shutdown, the federal worker’s income has been severely cut and they are unable to pay the entire cost of their mortgage...
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Broker Tech Platform from AIME Looks to Sign Up More than 20 Wholesale Lenders

December 27, 2018
Brandon Ivey
The seven initial participants in the platform include United Wholesale Mortgage, the nation’s largest table-funder…
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Nonbanks Continue to Build Market Share

December 27, 2018
John Bancroft
Nonbanks among the top 100 reported a mild 0.9 percent drop in new business, while depository institutions saw production fade 4.0 percent.
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Lion Point Capital Declares 50 Percent Stake in Ditech

December 27, 2018
Paul Muolo
The investment banking firm Houlihan Lokey has been fielding offers for Ditech…
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Democrats Take Issue With Mulvaney’s Past Moves at the CFPB, MLA Becomes a Focus

December 27, 2018
Yemeng Yang
Roughly 24 Democrats, led by Rep. Maxine Waters, CA, recently sent a letter to Kraninger arguing that the CFPB has the authority to supervise entities under the MLA.
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