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Short Takes: Recession or Soft Landing? / SoftBank Reduces Funding for Better / Jumbo Reverse Mortgage MBS

August 24, 2023
Brandon Ivey
Whether it's a mild recession or a soft landing, it won't make much difference to home sales, according to economists at Fannie.
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GSE CRT Activity Jumps in Second Quarter

August 23, 2023
Dennis Hollier
The April-June period marked the second consecutive quarter in which Fannie Mae's CRT issuance exceeded Freddie Mac's, an unprecedented period of CRT dominance for Fannie.
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Broeksmit Bashes Bank Capital Requirement Proposal

August 23, 2023
James Dohnert
Mortgage Bankers Association President and CEO Bob Broeksmit said the proposed capital requirements don't address the reasons banks failed earlier this year.
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Waters Seeks Concessions for FTC Approval of ICE/Black Knight Merger

August 23, 2023
Brandon Ivey
Waters called for various community benefits to be included in FTC approval of the merger, along with antitrust provisions and cooperation between the FTC and Financial Stability Oversight Council on oversight of the combined ICE entity.
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Regions Bank Settles Flood Insurance Violations With Fed

August 23, 2023
Sam Manas
Birmingham, AL-based Regions Bank will pay the Federal Reserve $2.95 million for violating the regulation implementing the National Flood Insurance Act.
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Short Takes: Better Ready to Trade / Rates Up, Applications Down / Banks: Delay the CRA Revamp

August 23, 2023
Brandon Ivey
The BETR stock is set to begin trading Thursday...
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Delinquencies Up at Large Servicers in Second Quarter

August 22, 2023
Brandon Ivey
The total delinquency rate for a group of 30 large servicers hit 3.16% at the end of June, up from 2.99% at the end of March.
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CFPB: No Change in Views on LO Comp Practices

August 22, 2023
Sam Manas
In the report published last month, the CFPB highlighted LO comp issues at lenders that brokered products they did not offer in-house.
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Black Lives Matter Protests Linked With Reduction in Lending Disparities

August 22, 2023
Dennis Hollier
Researchers found that the difference between the interest rates charged to Black borrowers and white borrowers narrowed significantly following BLM protests.
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Visio Ramps Up MBS Issuance With DSCR Loans

August 22, 2023
Brandon Ivey
Visio-Beach Point Mortgage Trust is marketing a $191.6 million non-agency MBS.
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Latest Imf News

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Featured Data

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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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