UWM Expands Rate-Buydown Options January 10, 2023 Namrata Bhatia The Michigan mortgage giant is one of several major lenders gambling that the opportunity to lower rates will attract more homebuyers.Read More
On the CFPB's Agenda: Nonbank Rulemaking, More... January 10, 2023 Sam Manas The first proposal would require nonbanks to register with the bureau if they become subject to a public enforcement order.Read More
Redfin: Lenders Lose Market Share on Purchase Deals January 10, 2023 Brandon Ivey Cash sales have gained market share during a time when mortgage financing typically increases...Read More
Short Takes: SCOTUS Nixes Takings Appeal / Home Purchase Sentiment Ticks Up Slightly / Judge Tosses AML Countersuit In UWM Case January 10, 2023 Dennis Hollier SCOTUS declines appeal of net worth sweep case, effectively ending GSE shareholders' takings argument.Read More
Turn Time Slows with Annaly’s Latest Non-QM MBS January 6, 2023 Brandon Ivey Loans in the new MBS have seasoned for an average of 5.4 months.Read More
Short Takes: It’s Over, Finally (2022) / By the Numbers / Once the Rightsizing Is Over… / $1.3 Trillion / Rising Inventory / A Day Off December 30, 2022 Paul Muolo There’s an argument to be made that once the tough job of right-sizing is over, profit margins will once again normalize...Read More
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
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