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As Lending Grows More Competitive, Guaranteed Rate Chucks TPO

January 14, 2022
Paul Muolo
For a year, Guaranteed Rate stuck its toe in the broker channel. Now that the origination water has turned cold, it’s leaving.
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Preferences of Potential Homebuyers Vary Greatly

January 14, 2022
Dennis Hollier
Nearly half of Black first-time homebuyers say they would prefer to take a class or conduct in-depth research before buying.
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MISMO Membership Blooms in Quest for Data Standards

January 14, 2022
Brandon Ivey
Some 300 companies are now members of MISMO. The organization’s efforts to improve mortgage data are being helped by a new fee.
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States Begin Homeowner Assistance Program Rollouts

January 14, 2022
Monica Hogan
States have begun taking applications for homeowner assistance programs funded by the Treasury Department and designed to prevent foreclosures stemming from the pandemic.
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Grapevine: Employees Prefer WFH; Figure Revises Bank Charter Application

January 14, 2022
Brandon Ivey
The connection between work from home and productivity; Supreme Court blocks vaccine mandate for larger employers; Figure revises bank charter application; parent of Texas Capital Bank launches broker dealer.
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As The Clock Ticks On, More Debt Sales Appear

December 23, 2021
Paul Muolo
A few years back, we didn’t hear much about mortgage firms selling debt, at least not publicly. Today, debt sales are becoming commonplace, but for how long?
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Mortgage Banking Results Mixed at Banks and Thrifts

December 23, 2021
John Bancroft
Retail lending by depository institutions' mortgage-banking operations fell in the third quarter, but a major acquisition by one bank pushed other indicators higher.
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CRT Transactions Seen as Attractive Option for Banks

December 23, 2021
Brandon Ivey
Credit-risk transfer transactions offer capital relief for banks and strong yields for investors. A CRT from Texas Capital Bank could only be scratching the surface of the potential of such deals.
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Borrowers Benefitting From Increase in Nonbank Share

December 23, 2021
Dennis Hollier
Fed researchers find nonbanks improve the quality of their mortgage servicing by specializing in low-income borrowers.
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Policymakers Asked to Address Housing Supply Constraints

December 23, 2021
Monica Hogan
The Bipartisan Policy Center and the Urban Institute this month called on local, state and federal policymakers to help address the critically short supply of housing, especially affordable housing.
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