Some Mortgage CEO/Owners May Forgo Pay This Year January 3, 2023 Paul Muolo The general belief is that the ugliness brought on by sharply increasing interest rates still has a ways to go.Read More
NYDFS Changes Subprime Measurement Tool December 30, 2022 Namrata Bhatia The DFS said Freddie’s decision “disrupted the ability” of lenders to assess whether a loan is subprime...Read More
Short Takes: It’s Over, Finally (2022) / By the Numbers / Once the Rightsizing Is Over… / $1.3 Trillion / Rising Inventory / A Day Off December 30, 2022 Paul Muolo There’s an argument to be made that once the tough job of right-sizing is over, profit margins will once again normalize...Read More
Jumbo Originations Were Not Spared in 3Q, All Channels Suffered December 29, 2022 Namrata Bhatia Jumbo lending through brokers plunged 52.0%...Read More
Short Takes: More Jumbo Worries? (Redfin Report) / Sell at Least One Mansion? / How to Finance NBA Ownership / 17 Comment Letters on New Product Approvals December 29, 2022 Paul Muolo and Namrata Bhatia During the mortgage boom of 2020-2021, some mortgage CEOs went on a mansion-buying spree.Read More
After a Strong Start Earlier in the Year, HECM Lending Faces a Correction December 28, 2022 Monica Hogan The top three HECM lenders through the first nine months of 2022: American Advisors Group, Mutual of Omaha Mortgage and Finance of America...Read More
Texas Homebuilder Kindred, PrimeLending Launch Joint Venture December 28, 2022 Sam Manas PrimeLending is the nation's 35th largest originator, according to figures compiled by Inside Mortgage Finance.Read More
Its Share Price at 15 Cents, Impac Finds a New (Much Smaller) HQ December 27, 2022 Paul Muolo Impac's share price is down to 15 cents.Read More
A Sea Change: FHA Clears the Way for Dual Roles on the Same Loan. RESPA? December 22, 2022 Monica Hogan However, lender employees with a direct impact on a mortgage approval decision may not have multiple roles on FHA deals...Read More
It’s Official: Union Home Buys AmeriFirst. MSRs Headed to a Third Party December 22, 2022 Paul Muolo AmeriFirst's servicing rights will go to a third party...Read More
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