Serious Delinquencies Elevated Despite Improving Loan Performance December 23, 2021 Brandon Ivey While the delinquency rate is near pre-COVID levels, the number of seriously delinquent borrowers is significantly higher.Read More
Rice Park and Hunter Street Close Deal for Fix-and-Flip Funder December 22, 2021 Paul Muolo As Christmas approaches, fix-and-flip originators are flying off the shelves...Read More
Chase Offers Non-Agency MBS with Higher LTV Ratios December 22, 2021 Brandon Ivey The average combined LTV ratio on the new jumbo MBS from Chase is 86.6%.Read More
Banks Keep Adding to Their First-Lien Portfolios December 22, 2021 Among the 10 largest banks in terms of first-lien investments, only top-ranked Wells Fargo reduced its portfolio during the July-September period.Read More
FHA’s Regulatory Workload Remains Significant in 2022 December 22, 2021 Monica Hogan A spokesperson said HUD is assessing feedback on its proposal for a combination 40-year loan mod...Read More
More Servicing Packages Ready for the Auction Block December 21, 2021 Paul Muolo More MSR deals on the way? Count on it...Read More
Forbearance Exits Slow During November December 21, 2021 Brandon Ivey “The rate of improvement is expected to change very little between now and the end of the year,” Black Knight said.Read More
Inspector General Recommends CFPB Overhaul Nonbank Examinations December 21, 2021 Sam Manas The IG pinpointed four specific problem areas for the supervision...Read More
Still No. 1 in Reverse Mortgage Lending: California December 21, 2021 Monica Hogan The second largest HECM state? Answer: Colorado...Read More
Rocket Set to Spend $1B-Plus for App Acquisition, Stock Suffers December 20, 2021 Paul Muolo Truebill also renegotiates bills on its clients’ behalf, saving them as much as 20% on services...Read More
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