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Velocity Financial Looks to Resume Lending After Selling Loans

July 13, 2020
Brandon Ivey

Velocity sold two unrated MBS in recent months and now plans to focus on restarting originations.


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BlackRock Reduces Position in Troubled Ocwen

July 12, 2020
Paul Muolo

In a public filing this spring, Ocwen listed among its risks: “our ability to maintain positive relationships with our large shareholders…”


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Short Takes: SCOTUS and the Conservatorship / FHFA Extends Origination Flexibilities / Freddie Expands Board

July 10, 2020
Dennis Hollier

Quicken: Buy Our Stock; We Sell to the GSEs

July 10, 2020
Brandon Ivey
The nation's largest home lender touts the quick sale of mortgages to Fannie and Freddie as a selling point for its IPO.
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SCOTUS to Hear Appeal of GSE Case

July 10, 2020
Dennis Hollier
High court to hear Fannie/Freddie shareholder lawsuit.
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Wells Snags Flagstar President to Head Home Lending

July 10, 2020
Paul Muolo
Rising star tapped to head nation's second largest home lender.
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SCOTUS Agrees to Review Constitutionality of Net Worth Sweep

July 9, 2020
Dennis Hollier

Short Takes: A Good Week for Remote Online Notarization / MISMO Certifies First Two RON Products / FICO’s Resilience Index / CFPB’s New No. 2

July 9, 2020
Yemeng Yang

Remote online notary services have gained momentum during the coronavirus pandemic. This week, DocuSign announced it has acquired Liveoak Technologies...


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Pandemic Prompted Seniors to Consider HECMs

July 9, 2020
Maria Volkova

The financial turmoil caused by the coronavirus pandemic has prompted many seniors to consider, for the first time, a reverse mortgage


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OIG Suggests CFPB Expand Nonbank Monitoring

July 9, 2020
Yemeng Yang

In a new report, the CFPB’s Inspector General has recommended the bureau tailor its resources to monitor institutions based on risk and expand monitoring of nonbanks.


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Latest Imf News

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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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