New Disclosures Will Help With GSE Shift on Credit Scores July 24, 2024 Dennis Hollier The disclosures include VantageScore scores from all three credit reporting companies — TransUnion, Equifax and Experian.Read More
Short Takes: Purchase-Mortgage Applications Down / Housing Market Reaching Balance / Mix of Loans in MBS From Chimera July 24, 2024 Brandon Ivey A decline in interest rates wasn't enough to help push up applications of purchase mortgages last week.Read More
Fannie Economists Expect Rate Cut in September July 23, 2024 Brandon Ivey While Fannie economists see two rate cuts this year in their crystal ball, economists at Freddie suggest that there might only be one.Read More
Bank Trade Groups Oppose FHFA Effort on FHLBanks July 23, 2024 Dennis Hollier Bank trade groups raised concerns that a recent request for input from FHFA “appears to contemplate significant regulatory action not undertaken at Congress’ direction.”Read More
Short Takes: Positive Outlook for Acra / New Co-CEO at Dynex / NYCB Touts Simplified Business Model July 23, 2024 Brandon Ivey Non-QM lender Acra Lending has been profitable in the last three years.Read More
A Spike in Home Lending for Truist July 22, 2024 Paul Muolo Truist is also a top-10-ranked player in warehouse finance...Read More
More Luxury Homebuyers Turn to Cash July 22, 2024 James Dohnert Philip White of Sotheby’s International Realty said the stock market’s performance will impact luxury home buyers more than a decline in rates.Read More
Regulators Issue Guidance for Reconsiderations of Value July 19, 2024 Shannon Clark The guidance will help assist financial institutions in risk mitigation for deficient appraisals.Read More
Originations Increase at Western Alliance in Second Quarter July 19, 2024 Brandon Ivey The bank’s gain-on-sale margin from mortgage production declined slightly.Read More
SFA’s Bright Details Ways to Boost Non-Agency MBS July 19, 2024 Brandon Ivey Bright suggested reducing the loan limits that apply to deliveries to the government-sponsored enterprises.Read More