Bank Holdings of Municipal Bonds Linked to Looser Underwriting September 5, 2023 Dennis Hollier Researchers found that banks with large municipal bond holdings divert their mortgage business to geographically distant areas in an effort to mitigate exposure to trends in home price appreciation.Read More
Short Takes: Done With Rate Hikes? / Demand for Single-Family Rentals / Rate Locks Decline / ICE Closes on Black Knight Acquisition September 5, 2023 Brandon Ivey The MBA expects that the Fed will hold interest rates level until spring.Read More
Encompass Expands Texas Operations With New Acquisition September 1, 2023 James Dohnert Encompass Lending expands Texas operations with new acquisition.Read More
Fix-and-Flip Lending Report Highlights Inclusive Lending Practices August 31, 2023 James Dohnert Fix-and-flip lender Backflip details how its helping make the residential transition loans lending market more equitable.Read More
Jumbo Production Rises, JPM the Market Leader August 30, 2023 James Dohnert The top five jumbo producers for the first half of the year: JPMorgan, Wells Fargo, BofA, U.S. Bank and Citi...Read More
A New Production Chief at Guaranteed Rate? August 30, 2023 Paul Muolo GR's Chief of Retail Production, John Palmiotto, recently departed for a position at The Money Store in New Jersey.Read More
Did the CFPB Overreach in Freedom RESPA Case? August 29, 2023 Sam Manas One veteran mortgage attorney said the CO listed several actions but without any connection to the RESPA anti-kickback law...Read More
Cost-Cutting in the Non-QM Sector: Nothing is Off the Table August 29, 2023 James Dohnert When it comes to cutting origination costs, nothing is sacred, noted one CEO...Read More
Guild’s Hunger for M&A Continues August 29, 2023 Paul Muolo Earlier this year, the San Diego-based Guild bought two franchises: Cherry Creek and Legacy Mortgage...Read More
New Disclosures From Better.com: A 2Q23 Loss and Breaches in Fannie Contract August 28, 2023 Paul Muolo To stay out of trouble, in late July the lender had to enter into a “pledge and security” agreement with Fannie...Read More
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