CFPB Considers Revisions to QM Standards, Servicing Practices October 5, 2022 Brandon Ivey The RFI also focuses on potential changes to servicing practices...Read More
Short Takes: Pain in Perspective / A Sure Bet / Jobs Numbers / Happy $31 Trillion / HELOC Leaders / FHA: How Do Lenders Feel About That? October 5, 2022 Paul Muolo and Monica Hogan Who'll stop the rain? Not the Fed, not this time around...Read More
At a Discount: Mortgage Underwriter Salaries October 4, 2022 Paul Muolo If you need a loan underwriter, plenty are available and at a reduced cost...Read More
Ginnie Expands Loan Buyout Authority Post Ian, Fiona October 4, 2022 Monica Hogan Ginnie Mae early this week expanded loan buyout authority to issuers to allow them to offer financial relief to borrowers affected by the recent hurricanes Ian and Fiona.Read More
CFPB's Chopra Reminds That Nonbanks Remain a Key Part of His Agenda October 4, 2022 Sam Manas Chopra said the CFPB must be the "financial first responders" if consumers are subjected to systemic abuse...Read More
Banks Boost 2Q22 MBS/ABS Held in Trading Accounts October 4, 2022 John Bancroft At midyear, bank holding companies valued their agency MBS held for trading at $219.07 billion...Read More
ARM Share Breaks Through the 12% Threshold October 3, 2022 Brandon Ivey The nation's top-three ARM lenders: Bank of America, Chase and Wells Fargo...Read More
Angel Oak Gets Line of Credit Extension October 3, 2022 Paul Muolo The facility was negotiated a few days ago through AOMI subsidiary Peachtree Mortgage....Read More
FHA Seeks Industry Feedback on Low-Balance Lending October 3, 2022 Monica Hogan FHA’s Title II program provides limits on the maximum loan amount but doesn’t set a floor...Read More
CMBS Valuation Practices Face Scrutiny in Wake of Trump Lawsuit October 3, 2022 Brandon Ivey The NY AG makes numerous allegations regarding property valuations, including on a loan that went into a commercial MBS.Read More
RSS