GSE Originators Move to Loosen Credit Standards April 8, 2022 Namrata Bhatia In the first quarter of 2022, 16.46% of loans securitized by Fannie and Freddie had credit scores ranging from 620 to 699...Read More
In the MSR Market, It’s the ‘Best of Times’ April 8, 2022 Paul Muolo While lenders struggle with sharply lower application volumes, the MSR market is ripe with deals...Read More
Fannie Offers Alternative to Title Insurance April 8, 2022 Dennis Hollier For some lenders, an opinion letter written by a qualified attorney may be cheaper and more efficient than title insurance.Read More
Lenders Urged to Keep an Eye on LO Usage of Social Media April 8, 2022 Monica Hogan Monitoring compliance is crucial for originators to avoid violating consumer protection rules...Read More
The Correction is Here: 1Q22 MBS Issuance Down 37% April 7, 2022 John Bancroft As might be expected, most of the erosion has been in the refinance market.Read More
Sources: Non-QM Lender Sprout Trims Staff April 7, 2022 Paul Muolo At press time, Long Island-based company, started by Alt A veteran Michael Strauss, could not be reached for comment.Read More
Can the GSEs Help with the Housing Supply Shortage? FHFA Thinks So April 7, 2022 Dennis Hollier FHFA regulator Sandra Thompson: “We’re trying to figure out ways that we can be helpful.”Read More
A 60-Day Suspension for Certain GSE Foreclosures April 7, 2022 Dennis Hollier Still, many states have not rolled out effective HAF programs...Read More
The Mother of All Interest Rate Rises? April 6, 2022 Paul Muolo Steve Harris, president of MIAC Analytics: Large scale MBS selling by the central bank will “make mortgages perform even worse"...Read More
Pretium Sees Strong Demand for New Non-Agency Mortgage Fund April 6, 2022 Brandon Ivey Pretium's new $1.7 billion fund for residential credit investments is nearly double the size of the firm's previous fund.Read More
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