Third-Party Originations Gain Market Share in 2021 March 29, 2022 Brandon Ivey In the non-agency jumbo sector, the retail channel’s loss was more pronounced, falling from 87.8% to 78.7% in 2021.Read More
CFPB Applies 'Unfairness' Standard to Lenders, Servicers March 29, 2022 Sam Manas The Bradley law firm said it’s noteworthy how the definition of unfair acts or practices has changed...Read More
GSE Loan Repurchases Rise Sharply in Booming 2020-21 Market March 28, 2022 John Bancroft Repurchases on the 2020 vintage, currently $2.37 billion, likely will edge higher...Read More
Better’s SPAC Partner Files Updated Financials March 28, 2022 Later this week the Securities and Exchange Commission meets to discuss new rules for SPACs...Read More
Lenders Weigh In on Blockchain. Block What? March 28, 2022 Dennis Hollier Only 31% of residential lenders believe mortgage companies will accept cryptocurrencies over the next three years...Read More
Bipartisan Senate Bill Seeks Details on NFIP Pricing March 28, 2022 The Flood Insurance Pricing Transparency Act requires FEMA to disclose all the formulas used to calculate mitigation credits...Read More
As Secondary Market Volume Drags, Maxex Trims Staff March 25, 2022 Paul Muolo CEO Tom Pearce noted the cutbacks were a difficult choice...Read More
S&P #1 in 2021 ABS Ratings, Moody's Takes the RMBS Crown March 25, 2022 John Bancroft Moody's more than quadrupled its annual RMBS ratings volume...Read More
Can't Afford a House Close to Work? Millennials Seek Vacation Homes as First Buys March 25, 2022 Further complicating the issue: Vacation home loans don’t qualify for government loan programs.Read More
Phoenix Capital, Prestwick Announce Bulk MSR Auctions March 25, 2022 Paul Muolo With rates climbing, MSR sellers are at a distinct advantage, one that could last for some time...Read More
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