Expanded-Credit MBS Issuance Picking Up March 9, 2022 Brandon Ivey Issuance of expanded-credit MBS slowed as spreads widened and interest rates increased...Read More
A Major Layoff in the Works at Better.com March 8, 2022 Among all originators, Better.com ranked 17th in 2021, according to Inside Mortgage Finance...Read More
Lenders One Teams Up With Walmart March 7, 2022 Sam Manas Lenders One also recently launched a credit reporting agency...Read More
FHA Denial Rates Outpace Underlying Risk, Study Finds March 7, 2022 Monica Hogan HUD said disparities also cannot be explained away by “other elements of underwriting," such as under-appraisals...Read More
As Lenders Cut Heads, a Migration to Loan Brokerage Shops? March 4, 2022 Paul Muolo "Massive" layoffs by mortgage bankers? That's how one CEO sees it...Read More
Where's the Mortgage M&A Boom? March 4, 2022 Paul Muolo One advisor said he’s not seeing much activity out there right now, but offered: “That doesn’t mean much — there may be a bunch of deals on the horizon.”Read More
Refis Down 7.4% in 4Q, Purchase Lending Down Even More March 3, 2022 John Bancroft The top three purchase-money lenders in 2021: PennyMac Financial Services, UWM and Wells Fargo...Read More
A $1.3 Billion Loss for Blackstone-Financed FoA March 3, 2022 Paul Muolo Grubstaked by The Blackstone Group, FoA became a public company at $10.00 a share...Read More
As Regulators Focus on Nonbanks, A Turf War May Emerge March 3, 2022 Brandon Ivey On the horizon: a possible regulatory turf war...Read More
‘One Company, One Exam’ Pilot Faces Challenges March 2, 2022 Rocket, the nation’s largest residential lender, received a 15-month moratorium on state exams in exchange for participating in the program.Read More
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