A Stellar Year and Quarter for Fannie Mae, Net Worth Climbs to $47.4 Billion February 15, 2022 Paul Muolo and Dennis Hollier Fannie's net worth keeps climbing but its new CFO notes the MBS guarantor is "significantly" undercapitalized...Read More
Trade Group Wants Clarity on Nonbank Supervision February 15, 2022 Sam Manas Among other requests, the trade group wants the bureau to exempt smaller nonbanks from exams or audits...Read More
Freddie Offering Automated Assessment of Income from Direct Deposits February 15, 2022 Brandon Ivey Representation and warranty relief will be provided to lenders that use the service.Read More
Wholesale Channel Takes It On the Chin in 4Q21 February 14, 2022 Andras Malatinszky The retail channel improved its market share by 1.3 percentage points to 58.0%...Read More
Another Streamlining Move for Home Point: Nonbank Will Outsource Servicing Function February 14, 2022 Paul Muolo The third-party vendor, ServiceMac, ranks ninth among all subservicers, according to figures compiled by Inside Mortgage Finance.Read More
New Capital Requirements Expected for Nonbank Servicers February 14, 2022 Dennis Hollier Others, however, believe the regulator won't act until the Senate confirms a permanent director for the agency.Read More
Freddie Hires Wells Veteran as General Counsel, Adds Two Directors February 14, 2022 Dennis Hollier The mortgage giant finds a permanent general counsel and adds two new directors...Read More
A Challenging Nine Months for Better.com February 11, 2022 Paul Muolo Nine-month revenues for 2021 totaled $903.1 million.Read More
FHA Facing a Severe Talent Drain? February 11, 2022 Monica Hogan Dana Wade, a former FHA commissioner, said that like other employers, the federal government is experiencing issues from the Great Resignation, compounded by an aging workforce...Read More
Agency Multifamily Boosts CMBS to Record Issuance in 2021 February 11, 2022 John Bancroft What’s remarkable about the 2021 rebound in non-agency issuance is that several key sectors in commercial real estate still face long-term challenges.Read More