CFPB Issues Warnings on Lenders Stifling Consumer Critiques March 24, 2022 Rohit Chopra: “In America, no corporation should be able to silence a customer from posting an honest review online.”Read More
Finance of America Selling MSRs March 24, 2022 FoA became public roughly a year ago via a special purpose acquisition company maneuver.Read More
White House Establishes Plan to Root Out Appraisal Discrimination March 23, 2022 Monica Hogan A senior administration official said the task force will continue its work beyond the release of the plan. In other words, more to come...Read More
Jumbo Lending Through Correspondents Increases in Fourth Quarter March 23, 2022 Brandon Ivey The increase in correspondent lending was driven by JPMorgan Chase and Wells Fargo...Read More
A New Non-QM MBS Issuer Appears on the Horizon March 23, 2022 Brandon Ivey Marathon Asset Management provided Long Run Partners with start-up capital...Read More
Wither the Ginnie EBO Market? Not Quite March 23, 2022 Paul Muolo A few days earlier, Mortgage Industry Advisory Corp. unveiled a Ginnie EBO package with $1.11 billion of product.Read More
Production Profitability Takes It On the Chin March 22, 2022 Paul Muolo MBA: "With revenue tightening and volume slowing, it is becoming increasingly important for companies to adjust costs"...Read More
Non-Agency MBS With GSE-Eligible IPLs Still Under Pressure March 22, 2022 Brandon Ivey Whole loan investors are being very careful about what they're willing to pay...Read More
Bridge Loan Players Garner New Investments March 22, 2022 Brandon Ivey Reigo Investments closed a Series A funding round and New York Mortgage Trust made a minority investment in AlphaFlow.Read More
NAHREP Report Calls for FHA Policy Updates March 22, 2022 Monica Hogan NAHREP: There’s also a perception that appraisals for FHA loans will be stricter...Read More