FHFA Continues to Focus on Appraisal Bias December 29, 2021 Dennis Hollier The centerpiece of a new report is a list of 18 specific examples, some of which are outright illegal.Read More
Aurora Remains Confident in Better.com. However… December 28, 2021 Paul Muolo In the first paragraph of the new 8-K, AAC told its shareholders Better founder and CEO Vishal Garg is presently taking a “break to reflect and refocus”...Read More
FHFA Sets GSE Housing Goals for Coming Years December 23, 2021 Dennis Hollier The single-family goals didn't change from the FHFA's initial proposal while the multifamily goals will be limited to 2022 due to industry concerns.Read More
Rice Park and Hunter Street Close Deal for Fix-and-Flip Funder December 22, 2021 Paul Muolo As Christmas approaches, fix-and-flip originators are flying off the shelves...Read More
FHA’s Regulatory Workload Remains Significant in 2022 December 22, 2021 Monica Hogan A spokesperson said HUD is assessing feedback on its proposal for a combination 40-year loan mod...Read More
Inspector General Recommends CFPB Overhaul Nonbank Examinations December 21, 2021 Sam Manas The IG pinpointed four specific problem areas for the supervision...Read More
Still No. 1 in Reverse Mortgage Lending: California December 21, 2021 Monica Hogan The second largest HECM state? Answer: Colorado...Read More
Rocket Set to Spend $1B-Plus for App Acquisition, Stock Suffers December 20, 2021 Paul Muolo Truebill also renegotiates bills on its clients’ behalf, saving them as much as 20% on services...Read More
Looser Underwriting Becoming a Concern in the Non-Agency Market December 20, 2021 Brandon Ivey Industry veteran Rudy Orman of Reliant Bank worries about lenders offering debt service coverage ratios of less than 1.Read More
MBA Lobbies for Changes to FHA Single-Family Handbook December 20, 2021 Monica Hogan On the wish list: a rule allowing private flood insurance on FHA loans and much more...Read More