Equifax Credit Score Snafu May Have Had Wider Impact August 22, 2022 Dennis Hollier Fannie Mae said it’s still working with Freddie and the FHFA to “assess the impact" of the incident...Read More
Stung by Valuations, Bank MBS Portfolios Shrink August 19, 2022 John Bancroft One positive development: Bank holdings of Ginnie Mae pass-throughs and non-agency MBS increased slightly in 2Q22...Read More
The Purchase Price for a Four-Year-Old MSR Analytics Firm: $101 Million August 19, 2022 Paul Muolo The purchase price includes $30 million in cash...Read More
Cenlar Beefs Up Its Default Team...to Please the OCC? August 19, 2022 Among those who have joined Cenlar is Adam Saab from CitiMortgage and Adam Wood, who worked at Mr. Cooper...Read More
Ginnie Mae Eyes Expansion of FHA-HFA Risk-Share Program August 19, 2022 Monica Hogan Originally launched in 2014, the FFB Risk Share Initiative was created to reduce the cost to finance FHA multifamily loans...Read More
Agency Mortgage Market Hit Hardest in 2Q22 Refi Collapse August 18, 2022 John Bancroft Originations of non-agency home loans saw a modest 3.4% increase from the first three months of the year...Read More
Sources: Sprout Owner Strauss Puts NYC Penthouse Up For Sale August 18, 2022 Sam Manas Zillow, earlier this week, was listing the apartment at $26.5 million...Read More
MBA: Only 57% of Lenders Were Profitable in 2Q22 August 18, 2022 Paul Muolo MBA's Marina Walsh: "Pulling out a profit in these difficult conditions is no easy feat.”Read More
Change Opts for Income Documentation with Latest MBS August 18, 2022 Brandon Ivey Change, because it's a CDFI, is exempt from the Consumer Financial Protection Bureau’s ability-to-repay requirements.Read More
Ginnie and FHFA Release Mostly Simpatico Eligibility Requirements for Servicer/Issuers August 17, 2022 Paul Muolo and Dennis Hollier There are no stunning changes on the required capital minimums...Read More
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