Outside the Weather's Frightful...NYDFS Proposes Climate-Related Risk Management Rules December 29, 2022 Sam Manas The NYDFS, in a carefully worded statement, said the guidance would be a “basis for supervisory dialogue.”Read More
Texas Homebuilder Kindred, PrimeLending Launch Joint Venture December 28, 2022 Sam Manas PrimeLending is the nation's 35th largest originator, according to figures compiled by Inside Mortgage Finance.Read More
Black Knight Exec Gets Merger Bonus Early December 27, 2022 Sam Manas The bonus was previously disclosed but the payment is being accelerated...Read More
Now-Defunct HECM Lender RMF Ranks Fourth Overall December 27, 2022 Paul Muolo The most significant Ginnie-related collapse since TB&W?Read More
Short Takes: Wells and the FHA Question / #6 in Ginnie MSRs / Rate-Buydown Fever / Suing as a Deterrent / Publishing Break December 22, 2022 Sam Manas and Paul Muolo Why spend the money suing competitors? As a deterrent...Read More
FHFA Finalizes Multifamily Housing Goals for 2023-2024 December 15, 2022 Dennis Hollier The new regulation focuses on percentages rather than absolute numbers.Read More
Fannie and Freddie On Board With More Streamlined Refis December 14, 2022 Dennis Hollier Freddie believes the change would be especially appropriate for refis that benefit consumers in a concrete way...Read More
Short Takes: CDFIs in a Sweet Spot? / Weathering the Storm / An Increase in Applications / Partnering on Non-QMs / A Mortgage Promotion at NexBank December 14, 2022 Namrata Bhatia and Paul Muolo The rating agency says CDFIs are “well positioned" to face the coming headwinds...Read More
Short Takes: Under Pressure, Blend Chief Sells Shares / More to Come? / Making Money? / Inflation and the DJIA / Silvergate Keeps Sinking December 13, 2022 Paul Muolo Headed south: Silvergate's share price...Read More
As Business Dips, A Period of Transition for Warehouse Lenders December 12, 2022 Paul Muolo It’s not so much that commitment levels are down, but usage rates are tumbling...Read More