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Conservatives Denounce Proposed Changes to Capital Rule

November 29, 2021
Dennis Hollier
Ed Pinto and Patrick Lawler of the American Enterprise Institute argue that the capital standards, even under Calabria’s more conservative rule, are already too weak.
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Short Takes: loanDepot Falls Below $5.00 / Cash-out Refis to the Rescue? / The ‘Oldest’ Mortgage Stock? / Guaranteed Rate’s $40 Million Man?

November 29, 2021
Paul Muolo
A GR LO cracks the $2 billion mark in originations. Are there others out there?
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Retail Takes a Hit in 3Q21, Wholesale Lending Up Slightly

November 24, 2021
John Bancroft
Wholesale-broker platforms posted the biggest increase, with volume up 1.6% to an estimated $186 billion...
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CFPB Seeks Tech Talent to Match Private Sector

November 24, 2021
Sam Manas
Highlighting how algorithmic bias was leading to new, harder-to-detect digital redlining, Chopra said, “We need to make sure we have the skill sets in house"...
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Ginnie Buyouts Expected to Increase Due to Delinquencies

November 24, 2021
Monica Hogan
Recent data indicate very few Ginnie borrowers who reached 18 months of forbearance then became current on their mortgage.
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Continued Gains for Jumbo Servicing Portfolios

November 24, 2021
Brandon Ivey
First Republic Bank also stands out among the 30 companies: Its jumbo servicing portfolio increased by 4.2%...
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Short Takes: Applications Flat / Delinquencies Decline / HUD's Vaccination Rate / Another Legacy Non-Agency MBS Settlement / Thanksgiving Break

November 24, 2021
Brandon Ivey
Mortgage originations held steady despite an uptick in interest rates.
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Non-Agency Jumbo Lending Hits Record Levels in 3Q21

November 23, 2021
Brandon Ivey
Market watchers believe the activity was driven, in part, by exceptional home price appreciation and more interest in the sector among lenders.
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The Problem With Cutting GSE LLPAs Is This…

November 23, 2021
Paul Muolo
Also, because Thompson is a Democratic appointee, she likely is leaning toward the option of using the government-sponsored enterprises to improve the lot of low-income borrowers.
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Does the CFPB Have a ‘Revolving Door’ Problem?

November 23, 2021
Sam Manas
If former bureau attorneys are found engaging in violations, the CFPB said it will “make referrals to state licensing bodies and bar associations that may wish to consider disciplinary proceedings.”
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Latest Imf News

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Featured Data

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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