CFPB Applies 'Unfairness' Standard to Lenders, Servicers March 29, 2022 Sam Manas The Bradley law firm said it’s noteworthy how the definition of unfair acts or practices has changed...Read More
Better’s SPAC Partner Files Updated Financials March 28, 2022 Later this week the Securities and Exchange Commission meets to discuss new rules for SPACs...Read More
Bipartisan Senate Bill Seeks Details on NFIP Pricing March 28, 2022 The Flood Insurance Pricing Transparency Act requires FEMA to disclose all the formulas used to calculate mitigation credits...Read More
Can't Afford a House Close to Work? Millennials Seek Vacation Homes as First Buys March 25, 2022 Further complicating the issue: Vacation home loans don’t qualify for government loan programs.Read More
A Trying Time for Originators as Rates Continue to Rise March 24, 2022 Paul Muolo The California-based American Pacific Mortgage is looking for origination platforms east of the Mississippi, but not necessarily near the coasts...Read More
White House Establishes Plan to Root Out Appraisal Discrimination March 23, 2022 Monica Hogan A senior administration official said the task force will continue its work beyond the release of the plan. In other words, more to come...Read More
Jumbo Lending Through Correspondents Increases in Fourth Quarter March 23, 2022 Brandon Ivey The increase in correspondent lending was driven by JPMorgan Chase and Wells Fargo...Read More
A New Non-QM MBS Issuer Appears on the Horizon March 23, 2022 Brandon Ivey Marathon Asset Management provided Long Run Partners with start-up capital...Read More
Production Profitability Takes It On the Chin March 22, 2022 Paul Muolo MBA: "With revenue tightening and volume slowing, it is becoming increasingly important for companies to adjust costs"...Read More
Bridge Loan Players Garner New Investments March 22, 2022 Brandon Ivey Reigo Investments closed a Series A funding round and New York Mortgage Trust made a minority investment in AlphaFlow.Read More
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