NMLS Reporting Proposal Gets Lukewarm Industry Response June 1, 2023 Sam Manas Mortgage trade groups asked the Conference of State Bank Supervisors to alter some elements of proposed reporting requirements.Read More
Lenders Concerned by FHFA Credit Score Proposal June 1, 2023 Brandon Ivey Industry participants want the Federal Housing Finance Agency to delay implementation of credit score changes tied to the capital framework.Read More
Short Takes: State Farm Exits California / MSR Deals From Phoenix / MISMO Reference Model / FHFA Joins Disaster Mitigation Group June 1, 2023 Sam Manas and Paul Muolo State Farm has a 20% share of the homeowners market in the Golden State...Read More
Mortgage Income at Nonbanks Choppy in First Quarter May 31, 2023 John Bancroft Half of the 16 public nonbanks posted losses in the first quarter.Read More
Influx of GSE Repurchase Requests May Not Reflect Policy Changes May 31, 2023 Dennis Hollier Fannie and Freddie believe the surge in repurchase requests simply reflects market trends.Read More
REIT M&A: Tonkel-Led Arlington Agrees to a Deal May 31, 2023 Paul Muolo Tonkel was a top executive at Friedman, Billings Ramsey, which took many a REIT public in the 2000s.Read More
UBS Receives Multiple Bids for Servicing Handled by SPS May 31, 2023 Paul Muolo The Utah-based specialty servicer became the property of UBS during the recent bank liquidity crisis.Read More
Short Takes: Applications Wane / FHFA RFI on Tenant Protections / DSCR Calculations / Forgivable Second Lien May 31, 2023 Brandon Ivey Interest rates go up again, mortgage applications go down again.Read More
Commingled Issuance From GSEs Remains Suppressed May 30, 2023 John Bancroft A reduction in the commingle fee that applies to the GSEs helped to increase such issuance somewhat in April.Read More
Financial Services Groups Happy With Debt Ceiling Bill May 30, 2023 Brandon Ivey Trade groups endorsing the legislation include the American Bankers Association and the Securities Industry and Financial Markets Association.Read More
RSS