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Fannie Loosens Some Underwriting Requirements

June 8, 2023
Brandon Ivey
Changes for cash-out refis, certain ARMs and manufactured-home loans.
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Freddie Announces Affordable Housing Product for Tribal Lands

June 8, 2023
Dennis Hollier
HeritageOne, a single-family mortgage product, addresses goals outlined in Freddie's 2022-2024 duty-to-serve plan.
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CRA Treatment of Ginnie Buyouts Under Scrutiny

June 8, 2023
Monica Hogan
There's some uncertainty on how revisions to Community Reinvestment Act standards will treat repurchases of delinquent loans pulled from Ginnie Mae pools.
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Short Takes: Rate Locks Decline in May / Community Banks Pulling Back / Leo Leaving SFA / Homeowners Insurance and Affordability

June 8, 2023
Brandon Ivey
Locks for both purchase mortgages and refis declined on a monthly basis in May.
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REITs Increase MBS Holdings Amid Market Volatility

June 7, 2023
John Bancroft
With banks and the Fed shedding MBS, REITs added to their portfolios.
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Sprout Settles With Ex-Employees for $3.5 Million

June 7, 2023
Sam Manas
The former non-QM lender settled four class actions brought by former employees.
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Servicers Raise Concerns About Planned VA Loss-Mit Program

June 7, 2023
Monica Hogan
The Mortgage Bankers Association and the Housing Policy Council asked the Department of Veterans Affairs to carefully consider the specifics of a new loss-mitigation program.
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Rise in Gig Economy Income an Opening for Lenders

June 7, 2023
James Dohnert
Gig economy income can help potential borrowers qualify for a mortgage, with some complications.
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Short Takes: CFPB Warning on Chatbots / Attorneys Get Their Share / Renters, Stress and Homeownership / Applications Down Again

June 7, 2023
Brandon Ivey
The CFPB warned that companies that deploy the technology could fail to comply with consumer protection laws...
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HECM Lending Fizzles to Pre-Pandemic Levels

June 6, 2023
Andras Malatinszky
Production in the segment has been driven by three fluctuating macroeconomic forces: mortgage rates, inflation and housing prices.
Read More
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Latest Imf News

  • State AGs Sue OCC Over Interest-on-Escrow Preemption

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  • Two Harbors Disputes UWM’s Allegations of Breach of Contract

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Featured Data

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More Featured Data

Featured Reports

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More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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