Head Start on Higher Loan Limits Could Cause Complications for LOs October 20, 2021 Brandon Ivey Loan officers looking to take advantage of the higher limits will have to jump through some hoops...Read More
Rocket Moves to Up Its Game in the Broker Channel. Greater Access to RE Agents? October 20, 2021 Paul Muolo The move comes as the origination market shifts from refis to purchase-money lending.Read More
After a Long Hiatus, Fannie Re-enters the CRT Arena October 20, 2021 Brandon Ivey CRT-specific hindrances have been jettisoned...Read More
Freddie Mac Draws Nearer to Equal Share of GSE Market October 19, 2021 John Bancroft MBS guarantee fee pricing has become more level between the two GSEs since the uniform MBS was launched in 2019...Read More
At MBA Show, FHFA Chief Unveils Efforts to Increase the Low-Income Refi Pie October 19, 2021 Dennis Hollier Thompson also made it the FHFA will not be changing seller-servicer standards for nonbanks this year.Read More
PennyMac Goes its Own Way With Investment-Property Mortgages October 19, 2021 Brandon Ivey Loans in the new MBS have seasoned for an average of 5.5 months...Read More
New GSE MSR Auctions From Prestwick, MIAC October 19, 2021 Paul Muolo As yearend approaches, more bulks deals are expected...Read More
MSR Market Roars Back to Life in 3Q21 on Bulk Sales October 18, 2021 John Bancroft Most of the major bulk buyers recorded big gains during the third quarter. Ocwen Financial closed some $57.22 billion of bulk purchases...Read More
Another Non-QM Lender Changing Hands: Newfi October 18, 2021 Paul Muolo Steve Abreu, who founded Newfi and serves as its CEO, will stay on with the mortgage firm after the sale closes.Read More
Legal Surprises for Fannie/Freddie Shareholders October 18, 2021 Dennis Hollier But SCOTUS did throw them a bone. The justices said it was possible that shareholders suffered some “compensable" harm...Read More
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