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MSR Share of Assets at Nonbanks Varies Widely

May 26, 2022
Paul Muolo
FHFA and Ginnie have grown uneasy with the fact that so many nonbanks have come to dominate the servicing business.
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Senate Confirms Thompson as FHFA Director

May 26, 2022
Dennis Hollier
The Senate voted 49-46 to confirm Sandra Thompson as director of the Federal Housing Finance Agency. She is the first Black woman to serve in the role.
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CFPB Encourages State Enforcement Through Interpretive Rule

May 26, 2022
Sam Manas
Last week the Consumer Financial Protection Bureau issued an interpretive rule affirming states' ability to enforce the Consumer Financial Protection Act and several other federal consumer protection laws.
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Fannie: Lenders Want Appraisals Modernized

May 26, 2022
Dennis Hollier
A Fannie Mae survey showed 94% of the 188 lenders asked feel that efforts by the GSEs to modernize appraisals are valuable.
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NFHA CEO: More Work Needed on Homeownership Gaps

May 26, 2022
Monica Hogan
Lisa Rice, CEO of the National Fair Housing Alliance, said it will take “thousands of equity-centered programs” to close racial homeownership and wealth gaps.
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Nonbanks Ride MSR Valuations to Higher 1Q22 Earnings

May 25, 2022
Rising mortgage rates and Treasury yields cause MSR valuations to spike.
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Biden Administration Housing Plan Leans on GSEs

May 25, 2022
Dennis Hollier
Much of the White House plan to increase housing supply has been cribbed from the enterprises' duty-to-serve plans.
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Short Takes: Ocwen Buyback Plan Boosts Prices / MBA Promotes DeSanctis to VP of Communications / Census Bureau Numbers Indicate Sharper Market Downturn

May 25, 2022
Dennis Hollier
Ocwen authorizes buybacks to bolster stock prices.
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Fitch’s Outlook for FoA Shifts From Stable to Negative

May 24, 2022
Brandon Ivey
Fitch cited concerns about Finance of America's leverage along with concerns about profitability.
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Credit Quality Suffers as Originations Plunge

May 23, 2022
Andras Malatinszky
As mortgage originations declined in the first quarter of 2022, lenders loosened underwriting standards.
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Latest Imf News

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Featured Data

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More Featured Data

Featured Reports

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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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