FHFA’s Planned FHLBank Reforms Left to Trump Admin January 8, 2025 Dennis Hollier Proposals regarding core mission activities and FHLBank membership won't be finished prior to the start of the Trump administration.Read More
Short Takes: Housing Market Outlook / Freddie’s New CFO / Invictus Keeps Up the Pace / Lower to Let Applicants Access Underwriting Engine January 8, 2025 Brandon Ivey For 2025, analysts at Morningstar DBRS predict modest home sales, modest price appreciation and mortgage rates oscillating around the 6%–7% range.Read More
CFPB Issues Final Rule to Remove Medical Debt From Credit Reports January 7, 2025 Shannon Clark Medical debt will soon be wiped away from consumer reports under a new rule.Read More
State Regulators Expected to Fill Void Under Trump January 7, 2025 Shannon Clark “We can continue to expect [states] to be as active and maybe even more so this time around,” said Kathryn Ryan, a partner at Orrick.Read More
Similarities in New VantageScore Compared With FICO January 7, 2025 Dennis Hollier Despite the similarities in results from the scoring models, there are some major differences in how the scores are constructed.Read More
Short Takes: Rocket Fueling Redwood’s MBS / Wells Fargo’s Asset Cap / Chase’s Servicing Unit / Homeowners Plan to Stay Put January 7, 2025 Brandon Ivey Redwood has issued eight consecutive prime non-agency MBS where Rocket Mortgage was the top contributor of loans.Read More
Time to Wrap Up Those LO Contracts January 6, 2025 Paul Muolo Recruiter Rick Roque says it’s in the best interest of management to finalize compensation agreements by mid-March...Read More
Large Nonbanks Take Back Some Origination Share January 3, 2025 Brandon Ivey All of the top five lenders are nonbanks, led by United Wholesale Mortgage.Read More
DBRS Updates Rating Assumptions for Second Liens January 3, 2025 James Dohnert The rating service made the update following a review that found that CES loans originated pre-crisis had notably worse characteristics compared with originations in recent years.Read More
Short Takes: Interest Rates Rising / Housing Inventory Improving / More Non-Agency MBS in the Works January 3, 2025 Brandon Ivey Interest rates on mortgages increased to a level last seen in July 2024.Read More