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NMLS Renewals for LOs Slowed by System Errors

December 7, 2021
Sam Manas
MBA says the system issues have caused significant delays and imposed costs on state-licensed companies.
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Expanded-Credit Mortgage Originations Up 24% in 3Q21

December 6, 2021
Brandon Ivey
The ECM gain came as overall production fell 2.8% from the second quarter to the third...
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FHA, Ginnie Mae Still Waiting for Senate-Confirmed Leadership

December 6, 2021
Monica Hogan
Montgomery waited almost seven months for a vote to become FHA commissioner in the Trump administration, even though he had held the job previously...
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GSE Servicing Rights Up for Grabs

December 6, 2021
Paul Muolo
Servicing prices are the best they've been all year.
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FHA Catalyst Default Monitoring System Delayed

December 6, 2021
Monica Hogan
The FHA wants Catalyst to serve as a single platform for lenders to interact with the administration in an effort to lower costs and reduce risk and fraud.
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Trouble Ahead? Agency MBS Nears Pandemic Low in November

December 3, 2021
John Bancroft
Combined MBS issuance from Fannie, Freddie and Ginnie declined 11.5% from October...
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Mortgage Bankers Get Pink Slips, Brokerage Employment Almost Flat

December 3, 2021
Paul Muolo
The loan brokerage sector fared a bit better with layoffs of just 200 workers...
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Some Publicly Traded Lenders Move to Cut Costs

December 3, 2021
Paul Muolo
Personnel costs are something to keep an eye on in the waning months of the largest refi boom ever...
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GR’s $2 Billion-a-Year Loan Officer. How He Did It…

December 3, 2021
Sam Manas
One consultant estimated that Banosian must have a team of at least 200 people around him...
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On the Rise and Gaining Ground: Purchase Lending

December 2, 2021
The top three purchase lenders through the first nine months of 2021: PennyMac, Wells Fargo and UWM...
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