A Modest Home Origination Decline for BofA October 17, 2023 Paul Muolo At Sept. 30, BofA held $229.0 billion of residential first liens on its books...Read More
Short Takes: FHFA Plans Property Insurance Symposium / Forbearance Activity Dwindles / Record Futures Trading / More Jumbo MBS October 17, 2023 Brandon Ivey FHFA's symposium will focus on solutions for rising property insurance premiums.Read More
Coming Soon: A $6 Trillion Production Year October 16, 2023 Paul Muolo To survive the next few quarters, lenders must continue to cut costs...Read More
Chase, Wells Originations Down Slightly in Third Quarter October 13, 2023 James Dohnert Chase and Wells Fargo reported a slight dip in overall mortgage originations in the third quarter of this year.Read More
Short Takes: CFPB and DOJ on Immigration Status / New HEI Securitization / Home Prices Up in Third Quarter October 13, 2023 Brandon Ivey and James Dohnert The CFPB and DOJ issued a statement on denials of credit based on an applicant's immigration status.Read More
Ginnie Issuance Increases Slightly in Third Quarter October 12, 2023 Monica Hogan Both the FHA and VA programs saw increases, but the bulk of the growth in Ginnie issuance in the third quarter came from FHA loans.Read More
Mortgage Lock-In Easing Among Home Sellers October 12, 2023 Brandon Ivey Listing inventory improved in September though home prices fell.Read More
Short Takes: Ginnie Loosens RPL Standards / Foreclosure Filings Rise / New Correspondent Lender / Fitch Upgrades Assessment of New American Funding October 12, 2023 Brandon Ivey Ginnie is offering flexibility for pooling reperforming loans in MBS.Read More
CFPB Sues Freedom for HMDA Reporting Issues October 11, 2023 Brandon Ivey The CFPB alleges that Freedom didn't sufficiently address HMDA reporting issues following a 2019 consent order.Read More
Short Takes: ARM Applications Jump / CFPB Targets Fees at Big Banks / Cenlar Makes QC Hire October 11, 2023 Brandon Ivey Applications for ARMs increased by 15% on a weekly basis.Read More
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