HUD, FHA Brace for Impact Following Job Cuts February 21, 2025 Paul Muolo White House plans call for half of the staff at the Department of Housing and Urban Development to be cut.Read More
Short Takes: NMLS Processing Fees Increase / New Home Apps Ease in January / Residential Vacancies Fall / Sunflower Bank Hires New CBO February 21, 2025 Shannon Clark Fees will increase for both state licensure and federal registration beginning March 1.Read More
Trump Extends His Power Over Independent Regulators February 20, 2025 Namrata Bhatia The actual impact of the EO "may be limited," according to Ian Katz, managing director at Capital Alpha Partners.Read More
Agency Refinance Business With MI Soars February 20, 2025 Namrata Bhatia Insured purchase-mortgage volume in agency MBS fell 9% in the fourth quarter.Read More
Homebuying Market More Active as Lock-in Effect Eases February 20, 2025 Shannon Clark By the second quarter of 2025, more than 50% of mortgages could hold interest rates higher than 4%, according to Mat Ishiba, chairman and CEO of United Wholesale Mortgage.Read More
States, Feds Likely to Divvy Up Oversight Focuses February 20, 2025 Shannon Clark State and federal regulators are likely to differ when it comes to their oversight priorities over the next few years.Read More
Short Takes: Remodeled Homes Take Priority / ServisFirst Bank Hires New CFO / Snapdocs Earns First MISMO Compliance / Cash Purchases Hit Lowest Share February 20, 2025 Shannon Clark Fixer-uppers are selling for 7.3% less than similar remodeled homes, the largest discount in three years.Read More
MFA Financial Experiences Net Loss in 4Q24 February 19, 2025 Shannon Clark At press time, MFA's shares were up slightly on the day to $10.32 a unit. Its 52-week low is $9.36, its high $13.45.Read More
Residential Mortgage Refi Production Rises in 2024 February 19, 2025 Namrata Bhatia The boost in refi business contrasted with lackluster performance in purchase mortgages.Read More
Court Upholds Ocwen FDCPA Violation February 19, 2025 Shannon Clark Onity Group, which owns the servicer, noted that the decision stemmed from a "legacy practice."Read More