Short Takes: Home Prices Tick Up / FHA to Require SCIF / Broeksmit on Warehouse Lenders / Capital Requirements June 27, 2023 Brandon Ivey Home prices increased again on a monthly basis in April.Read More
Banks Lose More Market Share in First Quarter June 23, 2023 John Bancroft The nonbank share of mortgage originations is moving closer to where it was during the pandemic refi boom.Read More
Coalition of Trade Groups Seek Slower Transition on Credit Scores June 23, 2023 Brandon Ivey Currently, FHFA plans to modernize credit score usage by Fannie Mae and Freddie Mac in two phases, with full implementation scheduled for the fourth quarter of 2025.Read More
Trade Groups Continue to Fight GSEs' Condo Rules June 23, 2023 Dennis Hollier Lenders, Realtors and community associations team up to fight restrictions put in place following the condo collapse in Surfside, FL.Read More
Correspondent Share of Jumbo Lending Declines June 22, 2023 James Dohnert The retail channel gained market share in the jumbo sector as Wells retreated from correspondent lending.Read More
Chase Aggregates HELOCs From Nonbanks for Securitization June 22, 2023 Brandon Ivey HELOCs originated by United Wholesale Mortgage, loanDepot and others are going into a securitization from Chase.Read More
VA Working to Improve Origination Tech June 22, 2023 Monica Hogan Currently, lenders log into a UI and enter data manually, which can lead to errors.Read More
Short Takes: Spring Homebuying Fizzles / Million-Plus Missed Refis / Housing Legislation Reintroduced / Reverse Stock Split June 22, 2023 Brandon Ivey High interest rates suppressed homebuying activity this spring.Read More
FHA Loans Drive Up Ginnie Issuance in May June 21, 2023 Monica Hogan Ginnie Mae MBS issuance increased by 3.3% on a monthly basis in May.Read More
NCUA Head Sees Warning Signs in HELOC Activity June 21, 2023 Brandon Ivey "Warning signs are also flashing on the horizon," according to Todd Harper, chair of the National Credit Union Administration.Read More
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