Better.com’s IPO/SPAC Faces Steep Odds July 22, 2022 Paul Muolo and Brandon Ivey The fintech was sanctioned by Washington state for licensing and other violations...Read More
Short Takes: Michael Strauss’ Last Stand / Not the Hamptons House / No Word / In Good Standing? / A New Compliance Chief for Freddie July 22, 2022 Paul Muolo and Brandon Ivey Now, if the house was in Jones Beach, that might be a different matter...Read More
FHA, Private MI Notch Gains in Slumping Agency Market in 2Q22 July 21, 2022 John Bancroft FHA loans accounted for 27.1% of insured mortgages in the second quarter...Read More
An Earnings Decline for Warehouse Lender Texas Capital July 21, 2022 Paul Muolo Texas Capital's goal is to become more of a full service bank...Read More
New FHFA Chief Thompson Says GSEs’ Fate Up to Congress July 21, 2022 Dennis Hollier Thompson said, that like most observers, she hadn’t expected Fannie and Freddie to be in conservatorship 14 years after being taken over...Read More
Megabanks Report 2Q Mortgage Results. When Flat Can be Good... July 21, 2022 Paul Muolo Of the early reporting megabanks, there’ve been a few encouraging signs that all is not lost...Read More
Warehouse Lenders Object to FGMC’s Bankruptcy Plans July 20, 2022 Brandon Ivey Customers Bank and Flagstar filed separate objections to some of FGMC’s bankruptcy plans...Read More
A Counterintuitive Move: Enter Non-QM Market July 20, 2022 Paul Muolo Licensed in 50 states, Celebrity is employee owned.Read More
CFPB Hiring Tech Experts to Boost Investigations July 20, 2022 Sam Manas The bureau expects to hire roughly 25 tech specialists over the next year or so...Read More
Short Takes: Lack of Housing Finance Oversight Hearings? / Impeding? / Mortgage Applications Fall / Existing Home Sales Fall / The Number-One MSR Buyer Is… July 20, 2022 Paul Muolo Hungry for bulk MSRs: Jamie Dimon's JPMorgan Chase...Read More
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