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CFPB Announces Additions to Leadership Team

December 1, 2020
Yemeng Yang

The CFPB announced additions to its executive team, despite chatter that President-elect Joe Biden will make dramatic changes to the agency's leadership.


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A Slight Gain for Expanded-Credit Originations

November 30, 2020
Brandon Ivey

Production in the sector is heavily dependent on demand by investors in the secondary market...


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Originations Slowing in 4Q20? Don’t Bet On It

November 30, 2020
Paul Muolo

“Applications are staying strong,” said Paul Rozo, CEO of Paramount Residential Mortgage Group, Corona, CA. “Rate-locks have been smoking leading up to the election and post-election as well, which is nice.”


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Talkot Capital Lists Stake in Impac at 2.23%

November 30, 2020
Paul Muolo

In the third quarter Impac posted net earnings of $1.6 million compared to a loss of $22.8 million in 2Q20...


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Fed Governor Wants More Regulation, Calls Nonbanks ‘Lucky’

November 29, 2020
Brandon Ivey

The irony of the regulatory call: Many nonbanks are posting record profits and six firms are in the process of IPOs...


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With Refis Rolling, VA Production Edges Out FHA Once Again

November 29, 2020
John Bancroft

The top three VA originators in 3Q20: Freedom Mortgage, Quicken Loans and Veterans United Home Loans...


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An Auction is Set for Ginnie Mae EBOs

November 25, 2020
Paul Muolo

One veteran trader said he’s seeing “lots of smaller [EBO] pools” in the market...


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A Big Comeback for Wholesale and Correspondent Lending in 3Q20

November 25, 2020
John Bancroft

The top-five retail mortgage lenders year-to-date: Quicken, Wells Fargo, Chase, Freedom Mortgage and BofA...


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The 2021 GSE Loan Cap is Set: $548K and Change

November 25, 2020
Dennis Hollier

In these high-cost areas, the maximum GSE loan limit bumps up to 150% of the base limit, or $822,375.


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Biden’s CFPB to Focus on QM Rule, Servicer Compliance

November 25, 2020
Yemeng Yang

Attorney Joann Needleman: "The transition team that Biden has put together to look at the CFPB is extremely telling"...


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