MBA Holds Firm on FHFA Not Regulating GSE Lenders March 21, 2022 Dennis Hollier The trade group believes Congress envisioned the agency as the regulator of the enterprises, not the marketplace as a whole...Read More
Altisource Asset Tries Its Hand at Alternative Mortgages, Crypto March 21, 2022 Brandon Ivey Altisource Asset Management received an initial equity capital commitment from an unidentified source of up to $40 million for the mortgage effort.Read More
HECM Production the Highest Since 2009 March 21, 2022 Namrata Bhatia The top three HECM lenders in 2021: American Advisors Group, Reverse Mortgage Funding and Mutual of Omaha...Read More
Phoenix Sets Bulk/Flow MSR Auction March 21, 2022 Paul Muolo The selling institution is a retail specialist...Read More
Searching for a Gain-on-Sale Floor... March 18, 2022 Paul Muolo With the first quarter of 2022 drawing to a close, lenders and analysts alike are searching for green shoots of stability...Read More
Bill Dallas Departs Finance of America as Management Reorg Commences March 18, 2022 Paul Muolo FoA went public via a special purpose acquisition company maneuver in April 2021...Read More
Residential MBS Market Grew Significantly in 2021. As for the Fed... March 18, 2022 John Bancroft The Fed reported $402.67 billion of non-agency MBS outstanding at the end of the fourth quarter, a modest 0.9% nudge up from September...Read More
Ethnicity of Loan Originator a Factor in Mortgage Denials March 18, 2022 Brandon Ivey The researchers noted that the views expressed in the report are not (necessarily) those of the Dallas Fed or of any entity within the Federal Reserve System.Read More
Short Takes: What If: The 5% FRM / Looking Sideways at the Fed / A Rate Comparison / About That Vacation Home / The Thompson Nomination Advances March 18, 2022 Dennis Hollier and Paul Muolo In case you haven't noticed: Jumbo rates continue to be cheaper than Fannie/Freddie rates...Read More
The Decline in Home Equity Lending Continues Unabated March 17, 2022 Dennis Hollier There's been scattered talk that some nonbanks might soon launch second-lien products...Read More