Change Lending Readies its Largest Non-QM MBS to Date September 15, 2022 Brandon Ivey Loans in the deal have seasoned for an average of two months.Read More
Warehouse Commitments Continue to Head South September 15, 2022 Paul Muolo When nonbanks hurt, so too do their financiers...Read More
As Nonbanks Increase Market Share, Complaints Decline September 15, 2022 Sam Manas The researchers also found that when nonbanks gain share, banks shift their focus to higher-income borrowers...Read More
Coming Soon: The GSE Trial of the Century. Fairholme v. FHFA September 14, 2022 Dennis Hollier Among those testifying: Ed DeMarco, James Lockhart and Timothy Mayopoulos...Read More
Industry Tells White House Time is Right for an FHA MIP Cut September 14, 2022 Monica Hogan The plea came in the form of a letter to Brian Deese, director of President Biden’s National Economic Council.Read More
Another Senior Hire for loanDepot September 14, 2022 loanDepot, like most lenders, is trying to right-size its operations...Read More
A Summer Full of Mortgage Job Losses... September 14, 2022 Paul Muolo Some of Sprout's West Coast staff found jobs at Acra Lending...Read More
Wells' Game Plan in Home Mortgages: Consumer and Wealth Clients Mostly September 13, 2022 Brandon Ivey Servicing? Wells doesn't see much of a priority there as well...Read More
PIMCO Back Bidding on Non-QMs. Did It Ever Leave? September 13, 2022 PIMCO is hunting for collateral with note rates north of 8.0%...Read More
NCRC Questions the Usefulness of HMDA Information September 13, 2022 Sam Manas Some 23% of loans collected in the 2021 HMDA dataset lacked demographic information...Read More
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