Waterfall Asset Management acquired the FHA mortgages from various third-party sellers in 2019 and 2020...

The investors cited Interfirst’s use of technology and artificial intelligence.

The government-sponsored enterprises will each be able to purchase $8 billion more in multifamily loans next year.

One interesting side note: The bank grew its third-party servicing portfolio to $509.3 billion, up from $463.9 billion at mid-year, a sequential gain of 9.8%.

Seniors — age 62 or older — filed 1,987 mortgage gripes during the first six months of the year, up 36.1% from the same period last year...

John Ryan, president and CEO of the Conference of State Bank supervisors, suggested that cooperation between the CFPB and state regulators will be particularly important.

MFA will retain at least 5% of the non-agency MBS to meet risk-retention requirements.

However, one investment banker said he believes the SPAC/IPO — announced in May of this year — could very well come off. “Some investors have already lined up to buy shares … They could just force this thing through.”

The Mortgage Bankers Association has asked state regulators to help modernize remote work standards through legislation and/or regulations.

Mods accounted for 16.2% of FHA loans in 3Q21 Ginnie MBS...