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Originations
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Carrington’s ‘Employee Raiding’ Lawsuit Leads Elsewhere

January 6, 2022
Paul Muolo
Two nonbanks are trading accusations tied to the pilfering of staff, at least that’s how it started. Eventually, the case could be settled out of court but not before some damaging allegations get aired in public.
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FHFA is Warming up to Climate Change Agenda

January 6, 2022
Dennis Hollier
Acting Director Sandra Thompson has directed Freddie Mac and Fannie Mae to factor climate change into their business decision-making.
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Time to Shine for Purchase-Money Lenders?

December 23, 2021
Paul Muolo
What will separate the men from the boys and the women from the girls in 2022? Purchase-lending and non-QMs. At least that’s what some executives we spoke to believe.
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Can Sig Anderman Complete a Mortgage Tech SPAC?

December 23, 2021
Paul Muolo
One might think the mortgage SPAC thing has run its course. Maybe for lenders, but what about mortgage and real estate-related software? For star power, there’s Dave Winfield.
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Blue Skies Ahead for Multifamily Lending

December 23, 2021
Sam Manas
In 2022, the industry could wind up funding $421 billion of multifamily mortgages. Also, rents are likely to increase as concessions decrease.
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Depositories Recapture Some Lending Market Share in 3Q

December 16, 2021
John Bancroft
Nonbanks remained the driving force in first-lien originations, accounting for 68.4% of aggregate production by the top 100 lenders. (Includes two data charts.)
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Maybe Better.com Should Just Sell Its Assets

December 16, 2021
Paul Muolo
Faced with a not-so-welcoming IPO market earlier this year, AmeriHome and Caliber Home Loans did the next best thing: The two public-bound nonbanks found willing buyers to pay a decent price. Should Better.com do the same?
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Regulatory Agendas Include Many Mortgage Items But Not QMs

December 16, 2021
Brandon Ivey
Federal regulators provided status updates on several current and pending mortgage-related rulemaking initiatives. But revisions to the qualified-mortgage standards were missing from the CFPB’s agenda.
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FHFA Tabulates Examples of Appraisal Bias

December 16, 2021
Dennis Hollier
Free-form text fields in appraisal documents frequently contain property descriptions that may violate fair lending laws.
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Turmoil Dims the Odds of Better.com Becoming Public

December 9, 2021
Paul Muolo
Better.com’s dream of becoming a public company is on shaky ground these days. Events of the past week include a large layoff conducted over Zoom and the CEO apologizing after making disparaging remarks about those he cut.
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