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CFPB Issues QM Proposal. A Game Changer or Something Else?

June 23, 2020
Yemeng Yang and Brandon Ivey

The CFPB proposed standards for qualified mortgages that don’t rely on a loan being eligible for sale to the government-sponsored enterprises.


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Pandemic-Related Forbearance is Dropping. Warning Lights Ahead?

June 22, 2020
Paul Muolo

Cowen Research: "The issue is what happens in August and September if the government permits expanded unemployment benefits to expire.”


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New Rez, AO Sued Over Aborted Non-QM Purchases. Others Targeted by the Plaintiff...

June 22, 2020
Paul Muolo

“It was a case of ‘we’re all in this together,’ until it wasn’t,” Shenkman said.


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Bill Ashmore's Vista Point Preps its First Non-QM MBS

June 22, 2020
Brandon Ivey

The $439.2 million deal was in the works before economic volatility from the coronavirus stalled activity...


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One of the Worst Quarters Ever for Mortgage Banking Income (Depositories)

June 22, 2020
John Bancroft

Thanks to the coronavirus, it was the worst earnings for mortgage banking since the fourth quarter of 2008…


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CFPB Rolls Out Customized Advice to Financial Firms it Regulates

June 19, 2020
Yemeng Yang

Under the program, companies can submit specific queries identifying uncertainty in existing rules...


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The COVID-19 Forbearance Tally Keeps Falling

June 19, 2020
Paul Muolo

Forbearance tallies keep falling, which is good news for both servicers and consumers...


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Will a Quicken IPO be a Game Changer for Nonbanks?

June 19, 2020
Paul Muolo

After Quicken, who's next on the IPO dream list? Caliber? loanDepot?


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MBS Servicers Rush to Buy Delinquent Mortgages Out of Ginnie Pools

June 19, 2020
John Bancroft

Wells Fargo was the most active servicer in repurchasing delinquent loans in May, with $2.31 billion, 50.2% of the market total. A significant share of those loans were reportedly current, the MBS disclosures show, indicating that Wells repurchased loans in forbearance.


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New Rez Comes to Market with $266 Million MSR Securitization

June 18, 2020
Paul Muolo

KBRA: New Rez has been subject to substantial economic stress during the COVID-19 pandemic...


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Latest Imf News

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  • Pennymac’s Earnings Decline in 4Q With Competition for Refis

  • State Regulators Oppose OCC’s Proposal on Preemption

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Featured Data

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  • Private MI Business Stronger Than FHA in 4Q

More Featured Data

Featured Reports

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More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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