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MBA Lobbies for Permanent Work-From-Home Flexibility

January 4, 2021
Yemeng Yang

During the COVID crisis, many states have temporarily allowed licensed MLOs to work from their (unlicensed) homes, rather than branches...


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Citadel Servicing Rebrands as Acra Lending

January 4, 2021
Brandon Ivey

Officials at Acra suggest it's largely business as usual for Citadel, beyond the name change.


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Genworth and China Oceanwide Don’t Renew Merger ‘End Date.’ A Partial IPO for MI Unit?

January 4, 2021

Genworth said the mortgage insurer is “designed to meet its near-term liabilities of approximately $1.0 billion of debt due in 2021. An IPO of U.S. MI will be subject to market conditions as well as the satisfaction of various conditions and approvals.”


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Nation’s Largest ‘mREIT’ Renews Stock Buyback Effort

January 3, 2021
Paul Muolo

Like many mortgage-related REITS, Annaly has returned to profitability and has experienced an improvement in its net interest margin.


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Reverse Lending Up Sharply in 3Q20

December 31, 2020
Namrata Bhatia

Reverse Mortgage Funding maintained its second-place position but trailed far behind with $743.5 million. Finance of America, which is controlled by the Blackstone Group, moved up a notch to third place with $577.0 million.


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DBRS, S&P Lead Ratings Market at Nine-Month Mark

December 31, 2020
John Bancroft

Kroll Bond Rating Service had a strong year over the first nine months of 2020, with a 12.4% increase in business from the same period in 2019...


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Feds Crack Down on Unlicensed Debt Collection

December 30, 2020
Yemeng Yang

RAB agreed to pay $204,000 in civil money penalty to settle the claims.


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CARES 2.0 Amendment Would’ve Required GAO Review of GSE Capital Rule

December 30, 2020
Paul Muolo

Issued in late November, the new FHFA regulatory framework mandates Tier I capital of at least 4.0% for Fannie and Freddie, a bar that some stakeholders believe is too high.


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Pandemic-Related Exodus Caused Home Prices to Grow in October

December 30, 2020
Maria Volkova

The highest year-over-year gains were reported in Phoenix (12.7%), Seattle (11.7%), and San Diego (11.6%). Meanwhile, New York (6.0%), Chicago (6.3%) and Las Vegas (6.4%) lagged behind...


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ARM Production Down but Not Out in 3Q20

December 30, 2020

Still, the overall share of ARMs is declining. The loans accounted for 7.5% of first-lien originations in the first nine months compared to 10.8% for full year 2019.


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