Mr. Cooper Seeing Benefits From Remote Online Notarization January 23, 2025 Brandon Ivey Mr. Cooper says it achieves faster closing times and improves customer satisfaction when using remote online notarization.Read More
Short Takes: Chopra Still Leading CFPB / Foreclosure Starts Spike / Newfi Invests in Business-Purpose Lender / Jumbo MBS From Citi / Expanded-Credit MBS Holding Up January 23, 2025 Brandon Ivey Trump is widely expected to replace Rohit Chopra at the CFPB, but that hasn't happened yet.Read More
Agency MSR Transfers Decline Slightly in 2024 January 22, 2025 John Bancroft Mr. Cooper Group ended the year as the top bulk buyer with $175.93 billion in acquisitions.Read More
Middleman Expects Ups and Downs Under Trump January 22, 2025 Brandon Ivey Interest rates will be pushed and pulled by Trump policies, according to Stan Middleman, president of Freedom Mortgage.Read More
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
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