State Regulators Plan Continued Focus on Nonbank Servicers January 22, 2025 Shannon Clark Conference of State Bank Supervisors CEO Brandon Milhorn provided a look at state regulators' priorities.Read More
Acra CEO Brushes Off Departure of Wholesale Employees January 22, 2025 Paul Muolo Roughly 20 of Acra's wholesale account executives and managers left for Champions Funding within the past month or so.Read More
Short Takes: TD Bank Considers Sale of Jumbos / Bessent’s Nomination for Treasury Moves Forward / Pulte an Unknown / Interest Rate Hurdle January 22, 2025 Brandon Ivey and James Dohnert TD held $42.98 billion of first-lien mortgages in portfolio as of the end of September.Read More
Trump Issues Housing Directive, Regulatory Review January 21, 2025 Brandon Ivey Trump directed federal agencies to identify ways to lower the cost of housing and expand housing supply.Read More
Non-Agency MBS Issuance More Than Doubles in 2024 January 21, 2025 John Bancroft Four of the top five non-agency MBS issuers at least doubled their issuance volume on an annual basis in 2024.Read More
WaFd Bank Stops Originating Mortgages, Citing Several Factors January 21, 2025 Brandon Ivey The bank anticipates annual expense savings of $17 million from the move.Read More
GSE Reform Not a Top Priority for Trump Administration January 21, 2025 Dennis Hollier Scott Bessent, nominee to head the Treasury, didn’t mention the GSEs in his confirmation hearing last week.Read More
Short Takes: One Last Mortgage Enforcement Action From Chopra’s CFPB / Big Banks Offer Relief in CA / Escrow Confusion / Mortgage-Related Income Down at DR Horton January 21, 2025 Brandon Ivey Draper & Kramer will be prohibited from residential mortgage lending activities for five years, though the CFPB noted that Draper & Kramer wound down its operations last year.Read More
More Agency Servicing Shifts to Ginnie, Nonbanks January 17, 2025 John Bancroft Lakeview Loan Servicing remained the top agency servicer, with a $732.56 billion portfolio.Read More
Trump Nominates Bill Pulte for FHFA Director January 17, 2025 Dennis Hollier The president-elect said Bill Pulte will help “restore the American Dream for all.”Read More