Former FHFA Chief Sees a GSE Insolvency at ‘Some Point’ May 18, 2022 Dennis Hollier Calabria also believes Treasury’s ability under HERA to come to the rescue of the enterprises probably ended in 2009...Read More
Applications Skid 11% but Some Shops Beat the Odds May 18, 2022 It was the first negative reading from the trade group in three weeks.Read More
Jumbo Servicing Balances Up Slightly in 1Q22 May 18, 2022 Brandon Ivey JPM's jumbo servicing portfolio declined 2.6% to $199.42 billion during the first quarter...Read More
GSE Reform via FHFA and Treasury? Not Exactly on the Front Burner May 17, 2022 Brandon Ivey Administrative reform of the GSEs appears to be a long way off.Read More
Downgrades for loanDepot on Warehouse Deals May 17, 2022 Brandon Ivey Moody's had raised concerns about the concentration of “wet loans” in the securitizations...Read More
CFPB Expanding its Reach Among Nonbank Entities May 17, 2022 Sam Manas The CFPB plans to review nonbanks for potentially unfair, deceptive or abusive acts or practices...Read More
Purchase Mortgages Prop Up Ginnie Issuance in April May 17, 2022 Monica Hogan In April, the top three GNMA issuers were PennyMac Financial, Freedom Mortgage and Rocket Mortgage...Read More
MBA Chief: Recent LLPA Changes ‘Doing More Harm Than Good’ May 16, 2022 Paul Muolo and Dennis Hollier Broeksmit said MBA “strongly favors a robust private market"...Read More
Commercial MBS Issuance Falls Back to Earth in 1Q22 May 16, 2022 John Bancroft The non-agency CMBS sector took the biggest hit...Read More
CFPB: 330,000 Borrowers Left Forbearance but Were Still Delinquent May 16, 2022 Sam Manas One class of borrowers affected the most: those with limited English proficiency...Read More
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