Trade Group Wants Clarity on Nonbank Supervision February 15, 2022 Sam Manas Among other requests, the trade group wants the bureau to exempt smaller nonbanks from exams or audits...Read More
Freddie Offering Automated Assessment of Income from Direct Deposits February 15, 2022 Brandon Ivey Representation and warranty relief will be provided to lenders that use the service.Read More
Wholesale Channel Takes It On the Chin in 4Q21 February 14, 2022 Andras Malatinszky The retail channel improved its market share by 1.3 percentage points to 58.0%...Read More
A Challenging Nine Months for Better.com February 11, 2022 Paul Muolo Nine-month revenues for 2021 totaled $903.1 million.Read More
An Earnings Drop for Mr. Cooper but Stock Spikes on Sagent News February 11, 2022 Brandon Ivey At midday, Mr. Cooper's shares were up 16%...Read More
In 4Q21, An Adjustment for Conventional Origination Volumes February 10, 2022 Rocket Mortgage ranked as the top originator of conventional-conforming loans with an estimated $279.3 billion in volume.Read More
Lenders Seek Clarity on FHA Loan Servicing Taxonomy February 9, 2022 Monica Hogan But the trades groups also believe implementation and development of new guidance should not be rushed.Read More
Approaching a 4% Conventional Mortgage, Applications Fall Again February 9, 2022 Paul Muolo Might we see a 5% conventional mortgage by yearend?Read More
New Residential Registers An Improvement in GOS. However… February 8, 2022 Paul Muolo NRIC ended the year with an MSR portfolio sized at $483.0 billion, up 1.5% quarter over quarter.Read More
Only Have Crypto for Assets? No Problem, Says FL Home Lender February 8, 2022 Brandon Ivey Founded in 2018, the lender has so far focused on mortgages for foreign nationals.Read More
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