Energy Efficiency Proposal a Concern for Lenders, Homebuilders August 17, 2023 Monica Hogan The Departments of Agriculture and Housing and Urban Development recently issued a proposal for new energy standards for new construction.Read More
Short Takes: PrimeLending Adds LOs / Servicer Using Blockchain / New Construction Share of Home Sales August 17, 2023 Brandon Ivey Not all lenders are cutting staff...Read More
PennyMac, UWM Lead on Primary MI Activity in 2Q August 16, 2023 John Bancroft PennyMac delivered $28.62 billion of mortgages with primary MI into agency MBS issued in the second quarter.Read More
Mortgage Demand Shifting Amid Elevated Interest Rates August 16, 2023 Brandon Ivey The strong economy looks like a mixed blessing for mortgage lenders.Read More
Mortgage Lenders Support CFPB Proposal on ATR for PACE Loans August 16, 2023 Namrata Bhatia There's disagreement between mortgage lenders and PACE lenders on the need for ATR standards.Read More
Short Takes: CFPB Plots Rule on Data Brokers / An AI Guarantee / Compliance Investment by Accounting Firm August 16, 2023 Brandon Ivey The CFPB plans to issue a proposed rule expanding requirements for data brokers in 2024.Read More
Ginnie Issuance Slows in July on FHA Activity August 15, 2023 Monica Hogan FHA securitization volume declined 5.2%, while issuance tied to VA loans inched up by 1.2% from June to July.Read More
Banks Pull Back on Mortgage Lending, Pinching Profits August 15, 2023 James Dohnert While curtailing lending can help banks conserve capital, Moody’s Investors Service warned that the strategy could backfire.Read More
Short Takes: New-Home Loan Applications Level Off / New REIT for Roc / Another Pivot for Altisource Asset Management? August 15, 2023 Brandon Ivey Altisource Asset Management shifted in recent years from asset management to aggregating non-agency mortgages. Another shift could be in the works...Read More
Uncertainty on Timeline of New Credit Score Models August 11, 2023 Dennis Hollier Industry wants more time to comply with new credit score requirements.Read More