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CFPB Issues Proposed Rule on Servicing Standards

July 11, 2024
Shannon Clark
The proposal has some positives and some negatives for servicers.
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GSE Conforming Jumbo Volume Spikes in Second Quarter

July 11, 2024
James Dohnert
Some $9.71 billion of conforming jumbos were included in GSE MBS issued during the second quarter.
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The Appraisal Foundation Reaches Settlement With HUD

July 11, 2024
Brandon Ivey
The Appraisal Foundation’s Appraiser Qualification Board sets appraiser qualification criteria and there were concerns that the criteria prompted a disparate racial impact on entry into the appraiser profession.
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FHA Revises Proposal on Servicing Defect Taxonomy

July 11, 2024
Brandon Ivey
The proposal includes six defect areas through the servicing life cycle and remedies for each defect area.
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Short Takes: Treasury Hosts Title Insurance Meeting / HELOC Securitization From Figure / Inflation Declines / Foreclosure Activity Slows

July 11, 2024
Brandon Ivey
The meeting will help the Treasury’s Federal Insurance Office as it considers policy options on title insurance.
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Federal Regulators Moving Toward Re-Proposal on Bank Capital

July 10, 2024
Brandon Ivey
The Mortgage Bankers Association applauded the Fed chair's comments revealing the plan.
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Fitch Sees Warning Signs in FoA’s Debt Move

July 10, 2024
Brandon Ivey
The downgrade was tied to a debt exchange offer the reverse-mortgage lender announced in late June.
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FHA Expands 203(k) Rehabilitation Program

July 10, 2024
Brandon Ivey
The 203(k) program provides financing for rehabilitation of single-family homes.
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Investor Borrowers Pose Some Challenges for Servicers

July 10, 2024
James Dohnert
Investors act differently than owner-occupants in terms of servicing-related decisions.
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Short Takes: Refi Applications Fade / Lenders Concerned About Talent Management / Tandem DPA Offering / Lending in Guam

July 10, 2024
Brandon Ivey
Applications for refinances declined for the fourth consecutive week.
Read More
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Latest Imf News

  • FHA Mortgages Push Agency MBS Delinquency Rate Higher

  • Lower Interest Rates Boost Refis, Prepayments

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Featured Data

  • Rocket/Mr. Cooper Top UWM With GSE Deliveries

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  • RMBS Issuance Ends Banner Year With Modest Decline

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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