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
In an Impossible Market for SPACs, Mike Cagney Attempts One December 12, 2022 Paul Muolo SPACs, in particular, have been hammered during the stock market downturn of the past year...Read More
Short Takes: Less Competition for UWM / The Second-Largest Bank Wholesaler / A New (Seasoned) MBS From Verus / Carrington’s Second Lien Effort December 12, 2022 Namrata Bhatia, Andras Malatinszky, and Paul Muolo Will more depositories abandon the wholesale channel?Read More
NYDFS Uncovers Racial Lending Disparities but No Fair Lending Law Violations December 9, 2022 Sam Manas The New York regulator has ongoing investigations into other lenders in Buffalo, Rochester, Syracuse and Long Island.Read More
November MBS Gloom: Ginnie Outdoes the GSEs Yet Again December 9, 2022 John Bancroft Purchase-money mortgages accounted for 79.3% of November issuance...Read More
When It Comes to Mortgage M&A, ‘Asset Sales’ Dominate December 9, 2022 Paul Muolo “There’s been a lot of conversations going on,” said Chuck Klein, managing partner of Mortgage Banking Solutions...Read More
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