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CFPB Takes a Look at Asian American and Pacific Islanders in the Mortgage Market

July 2, 2021
Lisa Burden

Last Lender Out Should Turn Off the Lights

July 2, 2021
John Bancroft

Short Takes: FHFA Leadership Changes Continue / CFPB Provides Compliant Translations

July 2, 2021
Dennis Hollier

Home Point’s Shares Test 52-Week Low, Nonbank Targeted by Law Firm

July 1, 2021
Paul Muolo
Hell hath no fury like a shareholder who's sitting in a pool of red ink. Then again, the mortgage industry has seen these type of lawsuits before...
Read More

Bank Lending, Secondary Market Sales Down in 1Q21

July 1, 2021
John Bancroft
Wells Fargo and JPMorgan Chase, the largest bank mortgage lenders, reported significant increases in the first quarter. But PlainsCapital Bank and Federal Savings Bank both posted double-digit declines.
Read More

Mortgage Applications Get Nicked. How Soft Might It Get?

June 30, 2021
Paul Muolo
As MBA Chief Economist Mike Fratantoni pointed out: new business fell to the lowest level in almost 18 months.
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Jumbo Correspondent Production Booms...

June 30, 2021
John Bancroft
Correspondent production of jumbos spiked 53.3% from 4Q20 to 1Q21, fueling a 2.6% increase in total jumbo lending.
Read More

Angel Oak Boosts Volume with Latest Non-QM MBS

June 30, 2021
Brandon Ivey
The $303 million deal is the third MBS from Angel Oak this year and the largest of the three.
Read More

FHFA Drops LTV Restrictions on Loan Modifications

June 30, 2021
How many consumers will seek a modification due a COVID hardship remains to be seen. Forbearance readings continue to drop...
Read More

Short Takes: Still in the Cards: A Government-Run Credit Bureau? / CFPB Cites Legal Violations / Office Locations a Problem / Foreclosure Issues Too

June 30, 2021
Lisa Burden
The CFPB says most mortgage branches are located in predominantly white neighborhoods...
Read More
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