LO Comp Compliance Crucial Amid CFPB Uncertainty September 16, 2025 Shannon Clark Even if the CFPB rescinds its LO rule, the Truth in Lending Act — the statute the LO comp rule is implementing — remains.Read More
Short Takes: Fed Update / New MISMO President / Goldman Offers RPL MBS September 16, 2025 Brandon Ivey The Fed will have a new governor in place as it considers monetary policy this week and Fed Governor Lisa Cook will also remain in place.Read More
Truist Accuses Competitor of Swiping Mortgage Team September 15, 2025 Emmeline Willey The case is ongoing, with Colliers seeking summary judgment.Read More
Retail Takes Back Some Market Share in Second Quarter September 12, 2025 Brandon Ivey The retail channel accounted for 51.3% of first-lien originations in the second quarter of 2025.Read More
CMG HELOCs Heading Into Securitization From PR Mortgage Investment September 12, 2025 Brandon Ivey PRMI is a portfolio manager founded in 2019 with ties to Merchants Bank of Indiana.Read More
Short Takes: Interest Rates Drop / Figure’s Stock Rises First Day of Trading / Annaly Brings Another Large Expanded-Credit MBS September 12, 2025 Brandon Ivey The average interest rate on a 30-year fixed-rate mortgage declined by 15 basis points in the past week.Read More
Bayview’s Planned Acquisition of Guild Fast Tracked by FTC September 11, 2025 Brandon Ivey The Federal Trade Commission ended the waiting period early for Bayview Asset Management's planned acquisition of Guild Mortgage.Read More
Figure Goes Public With Upsized IPO September 11, 2025 Brandon Ivey Initially looking to raise around $500.0 million, Figure's IPO ultimately raised $787.5 million.Read More
Short Takes: Homebuyer Demand Declining / Rocket Increases Financing / PIMCO Wins Fannie Auction for RPLs September 11, 2025 Brandon Ivey “Some house hunters are staying on the sidelines because they want mortgage rates to drop more significantly before jumping in,” Redfin said.Read More
Flagstar Focusing Residential Originations on Wealth Clients September 10, 2025 Brandon Ivey "We launched an interest only mortgage product to fill in the market gap left by First Republic [Bank] and others," said Richard Raffetto, a senior executive vice president at Flagstar and president of commercial and private banking.Read More