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FHFA Seeks Input on GSE Appraisal Issues

December 29, 2020
Brandon Ivey

Questions posed by the FHFA include whether the GSEs should use appraisal waivers and how lenders might manipulate automated underwriting systems when seeking an appraisal wavier from the GSEs.


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CFPB Opts for QM Standards for ARMs Opposed by Lenders

December 28, 2020
Brandon Ivey

The CFPB noted that lenders didn't provide relevant data that had been requested by the regulator during the comment period.


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Correspondent and Broker Channels Regain Some Share of FHA/VA Market

December 28, 2020
John Bancroft

FHA/VA originations through the correspondent channel increased by 48.5% during the third quarter, bringing the channel's market share to 31.3%.


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Trump Signs Bill with Stimulus Package and Government Funding

December 28, 2020
Brandon Ivey

The signature averts a shutdown of the federal government and paves the way for stimulus payments while Trump pressures Congress to send even bigger checks.


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Federal Agencies Extend Enrollment Period for Forbearance through February

December 28, 2020
Brandon Ivey

Based on language in the CARES Act, it was possible that the enrollment period for forbearance on federally-backed mortgages would end on Dec. 31.


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Short Takes: Slight Uptick in Forbearance / Outlook for Interest Rates / Planet Home Lending’s Servicers Ratings Affirmed

December 28, 2020
Brandon Ivey

The number of loans in forbearance increased during mid-December and could decline in early January, according to Black Knight.


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Ocwen Finds a Partner, Hopes to be a Player in MSR Acquisitions

December 23, 2020
Paul Muolo

The agreement comes at a curious time: Servicing prices have suffered during the pandemic but are beginning to improve. In other words, bargains may be hard to find.


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TPO Channels Pick Up Share in Stellar 3Q20 Agency Market

December 23, 2020
John Bancroft

The figures come from a variety of lenders that generated $570.6 billion of home loans during the third quarter, roughly half the market.


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Coming Soon: New Mortgage Rules from the CFPB

December 23, 2020
Yemeng Yang

The agency said it will propose revisions to loss mitigation-related provisions under Regulation X...


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Calabria's Latest: 'Living Wills' for Fannie and Freddie

December 22, 2020
Dennis Hollier

Mark Calabria: “Requiring the enterprises to develop living wills helps FHFA fulfill its responsibility to ensure that the failure of an enterprise would harm neither taxpayers nor the mortgage market.”


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