Fed Paper Suggests Refi Discrimination on Some Low-Balance Loans August 17, 2022 Dennis Hollier The Fed found that borrowers with balances below $150,000 pay proportionally higher closing costs...Read More
The Decline in GSE MBS Issuance Slows in July August 16, 2022 Dennis Hollier The top three GSE MBS issuers in July: Rocket Mortgage, UWM and PennyMac Financial, all nonbanks...Read More
Red Ink, Layoffs the Order of the Day at Mortgage Vendor Blend August 16, 2022 Paul Muolo The San Francisco-based tech vendor also revealed that it decided to eliminate 220 full-time positions...Read More
Mortgage-Related Complaints Decline in 2Q22 August 16, 2022 Sam Manas Criticism about applications plunged 26% year over year...Read More
When the Going Gets Tough in Mortgages, Some Banks Partner With Rocket August 16, 2022 Brandon Ivey The alliance offers Santander a chance to evolve its business without added costs...Read More
It's Official: Ginnie Loosens Capital Standards for Credit Unions August 15, 2022 Monica Hogan Meanwhile, a senior Ginnie official said the agency will have more to say about capital requirements for nonbanks in the very near future...Read More
A New Twist on Mortgage Fraud? Apparently So... August 15, 2022 Dennis Hollier The first hint of this false identity scheme came through a tip to the SFFR team...Read More
Agency Multifamily Market Heats Up, but Non-Agency CMBS Cools August 12, 2022 John Bancroft Many of the top agency multifamily lenders recorded hefty gains in quarterly volume, including Walker & Dunlop...Read More
A Pause in MSR Sales, Bids. But For How Long? August 12, 2022 Paul Muolo As one dealmaker noted: "Some buyers are filled up, at least for now.”Read More
A Few Months After Launch, Non-QM Correspondent Effort Shuttered August 12, 2022 Paul Muolo Another non-QM lender has fallen...Read More
RSS