Fannie/Freddie Single-Family Business Sets Monthly Record in April May 18, 2021 John Bancroft On the rise: cash-window purchases... Read More
The Reach of GSE Low-Income Refi Programs Underestimated May 17, 2021 Dennis Hollier The terms of Fannie’s new RefiNow program are broadly similar to those of Freddie Mac’s new Refi Possible. Read More
Short Takes: Whalen Weighs In on UWM / Lightning That Won’t Strike in the Same Place / Guild’s Track Record with LOs / The Key: Low Financial Leverage May 14, 2021 Paul Muolo Did anyone really think the gain-on-sale margins of 3Q20 and 4Q20 would last forever?Read More
Mortgage Complaints Filed with the CFPB Up in Every Category May 14, 2021 Lisa Burden Presumably, the pandemic has fueled the increase in gripes...Read More
GOS Margins Slip Across the Board. And Then There’s Guild May 14, 2021 Paul Muolo Sometimes, big isn't always better...Read More
A 1Q21 Profit for Finance of America, but Lower Margins... May 14, 2021 Brandon Ivey While the bulk of FoA’s income comes from forward mortgages, the firm also originated $769 million of reverse loans in the first quarter...Read More
Genworth Postpones MI IPO, Citing Market Valuation May 13, 2021 Dennis Hollier At press time, Genworth's share price was down slightly to $3.83. Its 52-week high is $4.76, its low $1.87...Read More
Politics Behind Delay of QM Standards? May 12, 2021 Brandon Ivey At issue: the new QM standards were drafted when the CFPB was under the leadership of Republican Kathleen Kraninger, who was appointed during the Trump administration.Read More
Guaranteed Rate Leads Jumbo Correspondent Sellers in 2020 (By Far) May 12, 2021 Brandon Ivey The main buyers of jumbos? Answer: commercial banks, accounting for 54.6% of purchases from unaffiliated sellers... Read More
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